Russia and the WTO

Economic Profile of Russia With our small business venture of importing Diesel jeans to Moscow, Russia, it is necessary to examine not only the current but also the past economical statistics to give a greater knowledge of the country's welfare. Gross Domestic Product in Russia: In 2003, Russia's real gross domestic product (GDP) grew by 7.3%, surpassing average growth rates in all other G8 countries, and marking the country's fifth consecutive year of economic expansion. Russia's economic …

…gt;This could potentially affect our small business venture, due to the fact that storeowners would be nervous about having little or no security, due to the current corruption involved with the Government. If something were to happen for example, a break-in/robbery, there is no support or backing from not only the police but also the Government. Therefore there is no guarantee you would be potentially reimbursed for the damages and or money lost.