(Last updated: 19 July 2012)
Market profile
Doing Business
Russia is one of world’s most important emerging markets, defined by both its size and its growth potential. Despite the difficulties of the global financial crisis, the Russian economy has performed remarkably well over the last decade.
More information on doing business in Russia
Country Profile
Content supplied by Department of Foreign Affairs and Trade
- ECONOMIC CLIMATE
Australia and Russia have strong complementarities and there are significant opportunities to build durable commercial and investment linkages.
» read more at DFAT
- TRADE RELATIONS
Russia's economic growth and drive for modernisation have opened up trade and investment opportunities for Australia.
» read more at DFAT
- POLITICAL CLIMATE
The Russian Federation consists of 83 administrative units. Executive power resides with the President and the Prime Minister.
» read more at DFAT
Top Business Risks
OECD Guidelines for Multinational Enterprises
Multinational Enterprises should be aware of the OECD Guidelines for Multinational Enterprises that provide voluntary principles and standards for responsible business behaviour in a variety of areas, consistent with applicable domestic laws. These Guidelines are endorsed and promoted by the Australian Government. For more information, go to the AusNCP website.
APEC Business Travel Card Scheme
Managed by the Department of Immigration, the APEC Business Travel Card Scheme was developed to make travelling within the 21 APEC member countries much simpler and more efficient.