Also in the news...
Growth Gateway: Laos sustainability opportunities
Laos could unlock up to £270 million in GDP and create 55,000 jobs by 2030 through targeted climate investments in agriculture, energy and forestry.
UK Trade Envoy in Cambodia to boost trade and investment
UK Trade Envoy Matt Western MP visits Cambodia to strengthen trade and investment ties and support Cambodia’s sustainable economic development.
Who is subject to financial sanctions in the UK?
A guide to the current consolidated list of asset freeze targets, and a list of persons named in relation to financial and investment restrictions under the Russia regulations
Homes for Ukraine visa sponsorship scheme: privacy notice
Homes for Ukraine visa sponsorship scheme: How we use personal data.
Check duties and customs procedures for exporting goods
Find information about how to move goods from the UK to the rest of the world.
German business concerns grow over Russia ties
German companies are concerned about their business ties with Russia and most oppose economic sanctions
In the FT article, published on March 27, Ulf Schneider, Managing Partner at RUSSIA CONSULTING, comments: “I’ve heard a lot of voices – German Managers at Russian subsidiaries – saying ‘everything we built up over the last ten years, it will take us another five years to build that up again – back at the German headquarters they have lost confidence’.”
German headquarters were calling up to ask if their cash and investments are safe. Ulf Schneider continues: “They are checking how much cash is in the Russian bank account and considering if it would be possible to pay an extraordinary dividend to the German headquarters”. German business leaders fear that Russia could turn away from Europe and look east to do more business instead.
Read “German business concerns grow over Russia ties” on the FT website or access the article as a PDF here.