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15 Apr, 2008 13:22

"The TNK-BP situation will not escalate": UK Trade Minister

Russo-British relations have been at a low ebb in recent years and several UK investors in Russia say they're experiencing difficulties. Chief Executive of the UK Trade and Investment Andrew Cahn spoke to RT on the state of economic ties.

“It's a pity, there has been state intervention in a number of commercial transactions, we regret that. But Russian government can operate as it wishes in its own country. We need to work with the Russian government to find solutions to these problems,” Cahn said.

“At the moment Britain is the largest overseas investor in Russia,” he stressed.