ˈɑːɹkoʊz wʌz ɪstˈæblɪʃt æz ðɪ əfˈɪʃəl bˈaɪɪŋ ænd sˈɛlɪŋ ˈeɪdʒənsi ʌvðə sˈoʊviət ɡˈʌvɚnmənt ɪnðə juːnˈaɪɾᵻd kˈɪŋdəm, ænd wʌzɐ bɹˈɪɾɪʃ kˈʌmpəni, ˈɑːpɚɹˌeɪɾɪŋ ˌʌndɚ bɹˈɪɾɪʃ lˈɔː, ɔːlðˈoʊ ðə stˈɑːkhoʊldɚz wɜːɹ ˈɔːl sˈoʊviət sˈɪɾɪzənz.
Arcos was established as the official buying and selling agency of the Soviet government in the United Kingdom, and was a British company, operating under British law, although the stockholders were all Soviet citizens.