SinoRussian Forum

ign economic and trade policy continuously. On one hand, the government manages to make its foreign trade adjusting system step closer to the international standard; on the other hand, the government made its foreign trade policy fit the demand of national security more. Especially in Putins reform, many new policies and strategies have been made.1.1 The Open Policy and the struggle for a Favorable International EnvironmentThe Open Policy is the basic national policy after Russias Independence. Here are some observations on the policy.First, after the disintegration of USSR, Russia got its international position as its legal successor.Second, Russia set up a flourish trade relationship with the countries around. Based on geo-economics, Russia strengthened its international position.Third, in Russian foreign policies, Russia reconsidered its relationship with the eastern and western.1.2 Improvements in the Investment Environment and Encouragement of Foreign Investment Russian government pays great attention to encourage foreign investment. Now the scale of Russian foreign investment is in a rather low position. The distribution of Russian foreign investment is like this:Investment Total:Table 1.2-1TimeSum (Billion)1989-19901991-19921993-1994 1995 1996 1997$1.2$1.5$2.0$2.8$6.5$9.3 Total238. Till January 1998Capital Structure of InvestmentTable 1.2-21996-1997 Foreign Investment Structure in RussiaInvestment Category19961997USD(billion)Ruble(billion)USD(billion)Ruble(billion)Total6.5062380.710.49810397.4Direct Investment2.091793.53.8978310.2Bond Investment0.045425.60.3421952.8Other Investment4.37161.66.257134.4Source: Economic Status of Russian Society, National Statistics Committee of Russian Federation, Jan 1998, P112Sector Structure of Investment Table 1.2-3Sector Structure of Foreign Investment in Russia (%)Sectors199419951996TotalDirectOthersTotalDirectO...