Wise worked for Centrosoyuz as a director and economic adviser developing trade between the UK and Russia until his death in 1933.
The Zinoviev letter[REF] and the ARCOS affair[REF][REF] had a severe impact on Anglo-Soviet relations,[REF] leading to a break in diplomatic relations, but Wise's views which he consistently reiterated were that trade between the two countries was essential, as was full diplomatic recognition [REF].