... perception of risk spawns behavioral responses, which in turn have secondary impacts on business, including stigmatization, loss of sales, regulatory constraints, litigation and investor flight
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This is relevant to Russia because Western perceptions of Russian business are predominantly concerned with risk. Whenever Russian business is discussed in Western media, the reportage is tinctured with fear and threat. Russian business is ascribed with notions of corruption, criminality or dark political intent....
... stands at a meager 0.2 percent. As Russia’s Ambassador to Saudi Arabia Oleg Ozerov noted, these bilateral trade figures are "too low"
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Photo: REUTERS/SAUDI NEWS AGENCY
Vladislav Senkovich:
What is Holding Back the Consolidation of
Russian Business Positions in the Gulf States?
The Kingdom's main trading and economic partners include the United States (14.3 percent), China (13.7 percent), Japan (13.7 percent), South Korea (9.9 percent), India (8.2 percent), and Singapore (4.3 percent) ...
... international development assistance policies. With this end in mind, an analysis of the existing and possible forms of cooperation between the Russian government and business seems quite opportune.
Russian Companies Abroad
Beginning from the 2000s, Russian business has been a major exporter of foreign direct investments (FDI)
[1]
. Over the past seven years, the global FDI market has contracted in half versus the pre-crisis level, i.e. from USD 1.9 trillion to USD 1.0 trillion. Nevertheless, in ...
... anyone ready to cooperate. More than that, Havana is not eager to aggravate relations with the United States, as seen from its neutral attitude to American defector Edward Snowden, unlike the initial reaction of Nicaragua, Bolivia and Venezuela.
However, Russian businesses do enjoy advantages vis-à-vis their competitors as many Cuban industrial, farming and transportation facilities are equipped with Soviet machinery, some enterprises still use Soviet technologies, and many engineers and technicians ...
Causes of Russian Business Failures
Lately, the failures of Russian companies in the Gulf states have most frequently been explained by political factors. At the same time, the activities of our business community in these countries are hindered by other problems,...
A Gold Mine for Russian Business
Contrary to the established view in Russia, business in the UAE is not limited to oil, tourism and real estate. The United Arab Emirates is justly believed to be an attractive business centre for Russian companies.
Why is the UAE attractive?...
... close ties with the US, Iraqi authorities have voiced interest in promoting trade and economic links with Russia. Regular high-level contacts may help Russian companies strengthen their positions in Iraq. The paper below discusses opportunities for Russian businesses in the Iraqi market as well as the challenges and problems they face today.
Bilateral Economic Links under Saddam Hussein
The USSR was traditionally an important economic and political partner for Iraq. Through technological and financial ...