Doing business with Russia

Author: Tailetrof
Publisher:
Publish Date: 2004-05-01
Features: Russia has a population of 150 million, making it a huge consumer market. At the same time, Russia possesses seemingly inexhaustible important resources. Under President Putin's leadership, its economy is continuously recovering, and politics are becoming increasingly stable. Currently is an excellent time for outward-looking enterprises to establish themselves in Russia. In 2003, the United States announced Russia's "market economy" status, and international credit rating agency Standard & Poor's also raised Russia's credit rating, all of which are attributed to stable investment achieved on the basis of ongoing economic reforms and continuously improving budget control. The Russian government also remains committed to encouraging private companies, reducing bureaucratic practices in business activities, attracting foreign investment, and continuing efforts to join the WTO to integrate into the global market. This newly revised edition, co-authored by numerous internationally renowned companies and institutions such as the Russia-U.S. Chamber of Commerce, Deloitte, Cameron MacKenzie LLP, etc., provides authoritative evaluations of the current Russian economic system and investment environment, offers new insights into the market potential of key industrial sectors in Russia, and presents practical advice on all aspects of investment and trade with Russia.