BUSINESSES have been invited to learn their way around
Russia’s ‘nightmarish’ red tape.
The Russo-British Chamber of Commerce has asked Guernsey’s equivalent to invite islanders to a seminar on how to deal with the country’s notoriously complicated emerging economy.
Chamber’s Carrie Birch emailed members suggesting the seminar and asking whether anyone was interested in doing business in Russia.
‘Apparently the bureaucracy is a nightmare when dealing with Russia and these people would address all the processes,’ she said. ‘A lot of people are concerned about general corruption, but it is not about that – it is the bureaucracy. I think the Russo-British Chamber is trying to help people find their way around that.’
More than one respondent said they were already involved with Russia, she said.
The Russo-British Chamber originally intended to focus on manufacturing, she said, but due to interest from the finance industry it might become geared to focus on that.
‘I am also looking into speaking to Jersey’s Chamber of Commerce and perhaps doing a joint Channel Islands session.’
Chamber director Barry Cash said it was a good opportunity for local businesses to see where the world’s largest country was today and consider where it might be heading.