During the last decade the country has greatly advanced in building new civilized market relationships and certainly, the Russian market nowadays is not a "virgin land" ready to receive an immense quantity of any goods at any price. However, market demand is still very big and with methods of doing business becoming more "western-style" Russia makes more and more foreign businessmen turn their look towards expansion into their market.

This report analyzes the pros and cons of Russia’s business environment, in order to provide the information necessary to make an educated decision on whether or not to establish a manufacturing facility in this country. The topics discussed include: current events, political economy, culture, business environment, trade and a conclusion which states if, how and why we would choose to establish a facility in Russia.

Russia has had a few ongoing current events since July. The country has been plagued with suicide

URL: http://www.cnn.com/2003/WORLD/europe/10/27/russia.magnate/index.html

There are many advantages associated with the exportation of goods to Russia; one of which includes the avoidance of the political issues currently taking place in the environment. Being an ethnocentric organization, we will also be able to avoid expatriation issues that may be associated with the establishment of a manufacturing plant in a foreign land. In the long run, capital funds will be saved with regards to compensation and turnover costs that may be incurred through the repatriation of “xpats.”

Some topics in this essay:
Russia January, Tatiana Russian, Elbrus International, Organization WTO, INTRODUCTION Despite, Associated Press, Clinton Yeltsin, Soviet Union, CULTURE Culture, School Economics, 2003 url, january � june, january �, � june, political economy, russian culture, federal assembly, business environment, prime minister, exports russia, manufacturing plant, political economy russia, russia january �, trade deficit russia, � june 2003,