50Source: Russian Economy & Life, July 1997, Issue 291.4 The Abolition of the Foreign Trade Monopoly and Market Adjustment in Place of administrative MethodsAdjusting foreign economic policy and reforming foreign trade system is a most important part in the economic system reforming in Russia.Following the agreement of IMF and the demand of Russias WTO bid, from 1996, Russia has gradually decreased its tariff. According to the Standardized Principle of Importing and Exporting Tariff designed in 1995, the highest importing tariff is 30%, and the lowest is 5%. It makes the liberalization of economy come true.1.5 Measures for Stimulating Exports of State Industrial and High-tech Products After 1991, compared with the period of then USSR, Russias proportion in the world trade decreases, and it is less than 1.5% now. However, the foreign trade is still the only department that continues to increase. From 1993-1997, Russian foreign trade increased continuously. It increased 10.8% in 1994, 20% in 1995,15.8% in 1996. Now, the proportion of export in GNP is about 20%.Table 1.5-1Foreign Trade of Russia(with foreign countries which are not the members of the CIS in billion US dollars ($))19921993199419951996199719981999Russian Export (F.O.B) 42.444.349.263.769.268.457.361.1Russian Import (C.I.F)37.026.828.333.231.538.832.321.8Trade Turnover79.471.177.596.9100.7107.289.682.9Balance＋5.4＋17.5＋20.9＋30.5＋37.7＋29.6＋25.0＋39.3Sources: Official Russian State Customs Committee Statistics,1999-2000; Foreign Trade: Change of Time, Moscow, 1996CIS-12 Former USSR Republics: Russia, Ukraine, Belarus, Kazakhstan, Armenia, Georgia, Azerbaijan, Moldova, Uzbekistan, Kirgizstan, Turkmenistan, Tadjikistan In order to exploit the exporting potentiality and improve the export structure, Russian government made some adjustment. In the Outline of Russian Federations Export Strategy 1996-2005, it conta...
