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UK Exports Show Slight Growth Due to Pound Exchange Rate Decrease

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Patron of the Russo-British Chamber of Commerce said that the exports of UK goods have had a little boost due to the drop in the pound sterling's exchange rate.

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MOSCOW (Sputnik) The exports of UK goods have had a little boost due to the drop in the pound sterling's exchange rate, Patron of the Russo-British Chamber of Commerce (RBCC) Prince Michael of Kent said Wednesday.

"It's too early to say precisely, but there are indications of a slight increase in British exports due to the pound sterling's exchange rate falling," Prince Michael of Kent said at the opening of the RBCC RussiaTALK Investment Forum in Moscow.

The forum, in its 12th year in 2016, was conceived as a platform for the dialogue between business and government.

This year's agenda includes the future of Russian-British trade relations, economic and business climate in Russia and the United Kingdom, investment in the industrial sector and potential of the Russian IT and communications industry.

Apart from Prince Michael of Kent, such people as BP Vice President Peter Charow, Russian Union of Industrialists and Entrepreneurs President Alexander Shokhin, Head of Sales and Marketing Department of Orange Business Services in Russia & CIS David Holden are among the participants of the event.

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