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    The Union Jack (bottom) and the European Union flag are seen flying, at the border of Gibraltar with Spain, in the British overseas territory of Gibraltar, historically claimed by Spain, June 27, 2016, after Britain voted to leave the European Union in the EU Brexit referendum

    Brexit Opens New Prospects for Russian-UK Trade Ties - Commerce Chamber

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    The UK's decision to leave the EU opens new opportunities for the development of Russian-UK trade relations.

    MOSCOW (Sputnik) — The United Kingdom's decision to leave the European Union opens up new prospects and opportunities for the development of London's trade and business relations with Moscow, Alan Thompson, Russia's Director of the Russo-British Chamber of Commerce, said Wednesday.

    "Uncertainty affects moods of Britons more than Russians… But we expect that the turnover [between Russia and Britain] will grow. It is true that London as a financial center may be hampered.. But we see it [Brexit] as something that opens up new prospects and new opportunities," Thompson told reporters.

    The Russo-British Chamber of Commerce (RBCC) hopes that Russia will once again become one of the UK trade priorities after the Leave result of the UK referendum on EU membership, Alan Thompson said.

    "The government's official position before 2014 was to expand and give to more British companies the opportunity to export and further diversify themselves to other countries. In 2013, Russia was one of the priorities. We hope that Russia will come back to be one of the priorities, because we believe that there are huge opportunities for the [UK] companies to develop and play an active role in the economic growth of Russia," Thompson said, commenting on the future of UK-Russian trade relations after Brexit.

    On Thursday, the United Kingdom held a referendum to determine whether or not the country should leave the European Union. According to the final results, 51.9 percent of voters, or 17.4 million people, decided to support Brexit, while about 16.1 million opposed it.

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    Britain Says 'Cheerio' to EU (463)

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