Doing Business In Russia

1. The Russian Federation. Country Profile.

1.1. Introduction.Doing Business in Russia

The Russian Federation is the largest country in the world by area (17,098.2 thousand square kilometers). It occupies most of Eastern Europe and Northern Asia. Its length in the meridional direction is from 2.5 to 4.0 thousand kilometers, in the latitudinal direction – 9 thousand kilometers. The territory of the Russian Federation passes through 9 time zones (for International numbering zones).

Russia is distinguished by a heterogeneous climate and a wide variety of landscapes and natural areas.

Russia takes the first place in the world in explored reserves of natural gas, iron ore, coal, asbestos, zinc and other minerals.

Russia borders with 18 countries (the largest rate in the world). By land – with Norway, Finland, Estonia, Latvia, Lithuania, Poland, Belarus, Ukraine, Abkhazia, South Ossetia, Azerbaijan, Kazakhstan, China, Mongolia and North Korea, on the sea – with Japan and the USA, while having the longest in the world length of the border that is about 60,000 km.

Russia is a country with a federal structure. In the Russian Federation, there are 85 equal federal subjects, including 22 republics, 9 territories, 46 regions, 3 federal cities, 1 autonomous region, 4 autonomous districts.

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