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Analysis Of Russian-British Economical And Trade Cooperations: Existing Situations And Perspectives - Dissertation Example

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Analysis Of Russian-British Economical And Trade Cooperations: Existing Situations And Perspectives

This research will begin with the statement that since the collapse of the Soviet Union, Russia has been widely seen as an emerging economic powerhouse in the global trade as it adopted the democratic form of government and the free market. Today, the country, along with Brazil, India and China, constitute the so-called BRIC, the block that leads the developing world in terms of growth and economic transformation. In an appeal written back in 2008 by Jim Murphy MP, the UK Minister for Europe, Foreign and Commonwealth to the Chairman of the Parliament’s European Union Committee, the previous point was raised to underscore the importance of Russia as a trading partner. In addition, Murphy argued that Russia share many common interests and face many common challenges with European countries such as Britain. His point reflect the general attitude in the UK policy networks that to pursue bilateral relations with the country is beneficial for not just for the UK and Russia, but also for the European Union and the global economy. The problem, however, with Russia as a trading partner rests on the country’s position and policies with regards to international trade. International trade is a popular subject in the academic field. The increasing integration of the international market and the dominance of free trade drive this interest. It is not surprising, hence, to find sufficient and comprehensive body of literature that tackle the post-Communist Russian experience and its trade relations with other countries such as the United Kingdom. ...
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Summary

This research is governed by the following research question, which will aid in attaining objectives and aim of the research: Is it prepared or willing to engage with the UK within the standard practices and rules accepted by the international trading community?…
Author : lillie60

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