Bilateral Trade between the Netherlands and the Russian Federation - Essay Example

The current financial crisis has created turmoil in almost all major economies of the world. Many corporations have been forced to go bankrupt and the volume of business at the international level has also decreased. A similar situation exists in the case of the bilateral trade between the Netherlands and the Russian Federation, which has called for the need to induce a fresh set of development initiatives, strategies, and perspectives to revive the once-thriving business between the two nations.

The two-month-long internship began from the 10th June 2009 and lasted until 10th August 2009 in the city of Nizhny Novgorod in the Russian Federation. The primary goals of the internship included an analysis of the relationship between trust and reciprocity and applying it in the context of the business partnership between the Netherlands and Russia.

On a general note, the onset of the financial crisis was found to have induced an uncertain situation in international trade, and business thus suffered as a result. The analysis has also deduced that reciprocity is one of the best ways to establish mutual trust and benefit and is the best tool to strengthen the relationship among trading partners. However, the bilateral trade relationship between the two nations was found to have been based on robust ground and has proven to have withstood the test of time.

During the course of the internship, the trends discovered seem to indicate that the bilateral relationship between the two nations continues to progress forward and is centered around trust and the exchange mechanism that has existed between the two countries. In this context, any cultural difference or conflict does not seem to degrade the relationship at any level. There is no doubt that the different business environments in these countries, the different administrative boundaries, the differences in the political structure, and the different religious affiliations play a huge role in determining the level of trust.