globalEDGE Exclusive

globalEDGE Business Review: The BRIC Countries picture_as_pdf

Executive Briefing: Brazil, Russia, India, and China form the so-called BRIC countries. This article summarizes the basics of the BRIC countries, including the impact on the BRIC’s by the world economy, organizing by the BRIC countries, economic and population changes in the BRIC countries, key strengths and weaknesses of the BRIC countries, and key issues for countries and firms to consider when doing business with the BRIC countries. Opens in PDF.

Government Resources

Main Government Page
Statistics Office
Central Banks
Stock Exchanges
Commerce Ministry

Trade Shows

The Expocentre is one of the largest exposition centers in Russia, providing exhibition services in Russia and Eastern Europe. The site provides a calendar of events, news, a list of exhibitions, congress events, and shows and concerts. A number of services are provided for visitors and participants.

News Sites

Russia Briefing is a monthly magazine and daily news service about doing business in Russia. It covers topics relating to the Russian economy, industry-specific markets in Russia, foreign direct investment, and Russian legal and tax codes. The reports are written in-house by foreign investment professionals at Dezan Shira & Associates. All published materials are in English and are available for purchase on the site.

The business page of Sputnik International provides business articles related to Russia and current events in the global economy. The site also provides specific news content related to various regions around the world. Users can also access radio broadcasts that discuss Russia-specific events and recent global events.

Regulatory Agency Sites

Per the site, "The Ministry of Agriculture of the Russian Federation is the federal executive body responsible for the elaboration of state and legal regulatory policies within the national agro-industrial complex, agricultural, raw materials and foodstuffs market, food and processing industries, sustainable development of rural areas, and demesnial relations applicable to agricultural land."

The Ministry of Digital Development, Communications and Mass Media of the Russian Federation implements licenses to producers involved in information technology, telecommunications, publishing or electronic media. The ministry also serves as the postal administration of the Russian Federation. The ministry works to protect media users and ensure a competitive field by developing efficient technology.

The Ministry of Economic Development of the Russian Federation is the federal executive body responsible for developing state policy and providing regulation with regard to medium-sized and small businesses and foreign economic activity. All of the relevant documentation for this is found on the site. It is easier to go to the "activity" link to sort the information by "sections." Only available in Russian.

The Russian Federal Space Agency (Roscosmos) is responsible for the administration of state space assets, as well as management of the international cooperation in joint space projects and programs, and the activities of rocket and space industry entities relating to military space technologies. The Federal Space Agency is also responsible for overall coordination of the activities at the Baikonur space port.

Other Resources

Alliance Media is a Russian business portal with information, articles, and resources designed to support Russian entrepreneurs and business opportunities. Articles are provided on a variety of major categories including finance, industry, and business in Russia. Information on taxes and investment in Russia is also provided. This site is only available in Russian.

The Chamber of Commerce and Industry of the Russian Federation (RF CCI) represents the interests of Russian entrepreneurs and enterprises in relation to government bodies and their commercial activity at home and abroad. The site provides information such as investment facts and the government contacts for doing business in Russia, and news and events for the chamber. 

The Emerging Market Global Players (EMGP) project, a collaborative effort led by the Columbia Center on Sustainable Investment, ranks multinational enterprises in emerging markets according to the level of foreign assets held. The project also works to strengthen international investment by providing educational services, policy analysis, as well as tools and resources through extensive research. Reports are listed by country and can be downloaded in PDF.

The Norwegian-Russian Chamber of Commerce (NRCC) is a non-profit organization with goals to stimulate and promote business relations between companies in Russia and Norway. The NRCC helps enhance the understanding of Norway and Russia's business culture while also promoting market developments. The site provides publications regarding the two countries and also a future events page. Market information pertaining to Russia and Norway can also be found on the site.

This is the website of the Embassy of the Russian Federation in Washington DC, United States. The site provides comprehensive information on Russian-American relations, travel between the countries, and other responsibilities of the embassy.

Russian business directory, OpenRussia, includes buying and selling offers from Russian companies as well as information relating to customs clearance and the documents required for foreign trade activities. Business news and upcoming events are also listed on the site. The site is only available in Russian.

RusBusinessNews was created to be an information resource promoting Russian regions with high industry potential that are attractive for international partners. The site has information on investment projects, profiles for each of the participating regions, contact information for trade commissions, and the latest business news.

The U.S.-Russia Chamber of Commerce (USRCC) was created in 2009 to promote trade between the United States and Russia. Headquartered in Houston, Texas, the chamber hopes to build business relationships and opportunities between the two countries. Membership applications are available on the website, and membership benefits include access to the USRCC database, along with services such as trade and marketing assistance.