Global India Business Forum is proud to be associated with the Embassy of Russian Federation.
Russia is one of the biggest countries in the world.
Ambassador and Consul General
INDIA - RUSSIA BUSINESS & CULTURAL COUNCIL
Global India Business Forum is proud to be associated with the Embassy of Russian Federation.
Russia is one of the biggest countries in the world. Global President of GIBF, Dr. Jitendra Joshi
and Co-founder and Director had fruitful dialogues with Evgeny Griva, Trade Commissioner of Russia and
Oleg Kozhin, Bilateral Relations. They agreed principally to support MSME sector businesspersons from
India and Russia. GIBF will act as the front-end for Indian businesspersons keen to do business in
Russia.
Mineral fuels including oil (US$211.5B), Gems, precious metals ($31.6B), Iron,
steel ($28.9B), Fertilizers ($12.5B), Wood ($11.7B)
Russia is a land of superlatives. By far the world’s largest country, it covers nearly
twice the territory of Canada, the second largest. It extends across the whole of
northern Asia and the eastern third of Europe, spanning 11 time zones and incorporating
a great range of environments and landforms, from deserts to semiarid steppes to deep
forests and Arctic tundra. Russia contains Europe’s longest river, the Volga, and its
largest lake, Ladoga
BUSINESS OPPORTUNITIES
BUSINESS OPPORTUNITIES IN RUSSIA
Russia has stable legislation aimed at protection of ownership and capital, investors and
investments, as well as the developed judicial system. In some regions of Russia special
legislation has been adopted, and special economic zones have been created. There are also
special industrial clusters – production zones equipped with all necessary communication means
and networks. The legislation in the sphere of public-private partnerships has been
significantly improved.
Foreign investors are guaranteed
certain property rights to their investments in the Russian Federation and profits earned in
Russia. Foreign investments are regulated both on a Federal and regional level. According to the
Federal law on foreign investments, certain limitations can be placed on foreign investors, but
only if these limitations are required to protect constitutional guarantees such as the health,
rights and lawful interests of citizens, or state defence and security measures.
Key sectors that attract various
investment opportunities in Russia:
Energy sector: Though largely controlled by the government, Moscow provides an array of
investors looking to invest in minerals extraction and processing processes. From providing
logistical support to extraction machinery, investors can be part of Russia’s success story. The
petroleum industry in Russia is one of the largest in the world.
EXPORTS AND IMPORTS IN RUSSIA
It is no wonder most part of Russian exports consists of its natural gas, oil, and
metals, while the Russian imports have been lately focusing on advanced engineering,
renewable energy, plastics, iron and steel, meat etc
TOP EXPORTS OF RUSSIA
Russias main exports are: fuels and energy products (63 percent of total shipments, of
which crude oil and natural gas accounted for 26 percent and 12 percent respectively);
metals (10 percent); machinery and equipment (7.4 percent); chemical products (7.4
percent) and foodstuffs and agricultural products (5 percent).
TOP IMPORTS OF RUSSIA
Imports in Russia averaged 14519.58 USD Million from 1994 until 2022, reaching an all
time high of 32481 USD Million in December of 2013 and a record low of 2525 USD Million
in January of 1999. This page provides - Russia Imports - actual values, historical
data, forecast, chart, statistics, economic calendar and news
