Russia’s export potential is an interactive platform to aid foreign trade operators. The system allows to find trade partners and to cooperate with the Eurasian Economic Commission, which is negotiating on integration agreement conclusion, improving Eurasian Economic Union products and services access to external market.
The platform accumulates all the information on export and import company plans linked with product and country, and also about trade barriers. This allows to take into account the interests of businesses, including small and medium-sized enterprises, in making decisions about improving market access for countries - trade partners. Russia is currently involved in negotiations to conclude an agreement on Free trade area (FTA) between the participating States of the Customs Union and Vietnam. In addition to that, the establishment of a Free trade area of the CU with India is being elaborated, and a special joint committee began to explore the prospects to establish Free trade area between CU and Israel.
Project initiators
WTC Moscow is a unique multifunctional complex that offers international trade infrastructure by providing a list of interrelated business-services. WTC Moscow works towards building a dialogue between business community and the state and supports trade expansion and investment attraction. A significant area of the WTC’s activity is to provide information for supporting international trade connections development; the Russia’s export potential project is among the WTC goals.
The Chamber of Commerce and Industry of the Russian Federation (CCI of Russia) is a non-profit organization that represents the interests of small, medium and big business and encompasses all business sectors – manufacturing, domestic and foreign trade, agriculture, finance system and services. The Chamber of Commerce and Industry of the Russian Federation activity is aimed at provision of favorable conditions for all types of entrepreneurial activity and promotion of the growth of the Russian economy and its integration into the world economic system. A participant company membership in the Russia’s export potential project is an indicator of reliability as a potential trade partner.
Eurasian Economic Commission is a regulating authority established to promote functioning and development of the Customs Union and the Single Economic Space of Belarus, Kazakhstan and Russia. EEC actively works on further development of integration, and on export conditions improvement for the Customs union businesses. The Russia’s export potential project provides business with an opportunity to influence this process. The Commission gets directly from the project participants the information necessary to build a negotiating position on the interests of Russian and international business – on potential export and import, demand geography and trade barriers.