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Island could explore doing business with Russia

Fri, 08 Aug 2014

There's money to be made from Russia's fallout with the European Union.

That's according to the Department of Economic Development - which has been looking to improve business dealings with the country for some years.

Existing business from wealthy individuals and Russian corporates could be extended, as they often struggle to do business in the west due to sanctions imposed because of the country's hostility against Ukraine.

Steven Beevers leads the Country Strategy Team in the department - he says there are opportunities:  


  • Steven Beevers

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