Tranformation of Russian Federation and its impact on corporate environment - new oportunities for Czech exporters

The Russian market represents big opportunities for Czech exporters in the near and distant future. Czech companies have gained a lot of comparative advantages in the past periode: language simillarities, trade connections, cooperation of producing companies, good knowledge of local regional specifities etc. There are large scale of opportunities in traditional and new industry, glass and wooden industry, petrol and gas companies. It is necessary to know specific conditions and risks of the Russian market. To be competitive it requests not only to export but to account with capital participation. Objectives and Hypothesis of the dissertation: Basic goals: Analysis of the business climate in Russia as the result of the transformation process from centrally directed to market system and democracy. Evaluation of changes in the competitive position of Czech exporters and investors on Russian market. There are various measures and tools of the improvement of the competitiveness of Czech exports on the Russian market. As the member of the EU the Czech republic participates on all trade agreements valid in the trade relations between EU and Russia, first of all it is Partnership and Cooperation Agreement inclusive MFN regime (the Most Favoured Nation Clause). Czech exporters have a lot of strong points in the return to Russian market. There are also certain weaknesses, a lot of opportunities but also threatens. The Czech institutions which provide effective and complex credit and insurance support for Czech exporters are: Czech Export Bank and Export Guarantee and Insurance Company.