Russia Location : Northern Asia (that part west of the Urals is sometimes included with Europe), bordering the Arctic Ocean, between Europe and the North Pacific Ocean
Capital City : Moscow
Curreny : Russian ruble (RUR)
Languages Spoken : Russian, other
Climate : ranges from steppes in the south through humid continental in much of European Russia; subarctic in Siberia to tundra climate in the polar north; winters vary from cool along Black Sea coast to frigid in Siberia; summers vary from warm in the steppes to cool along Arctic coast
National Holiday : Russia Day, 12 June (1990)
Background Information
The defeat of the Russian Empire in World War I led to the seizure of power by the Communists and the formation of the USSR. The brutal rule of Josef STALIN (1924-53) strengthened Russian dominance of the Soviet Union at a cost of tens of millions of lives. The Soviet economy and society stagnated in the following decades until General Secretary Mikhail GORBACHEV (1985-91) introduced glasnost (openness) and perestroika (restructuring) in an attempt to modernize Communism, but his initiatives inadvertently released forces that by December 1991 splintered the USSR into 15 independent republics. Since then, Russia has struggled in its efforts to build a democratic political system and market economy to replace the strict social, political, and economic controls of the Communist period. A determined guerrilla conflict still plagues Russia in Chechnya.
Geographical Note
largest country in the world in terms of area but unfavorably located in relation to major sea lanes of the world; despite its size, much of the country lacks proper soils and climates (either too cold or too dry) for agriculture; Mount Elbrus is Europe's tallest peak
Economy
A decade after the implosion of the Soviet Union in December 1991, Russia is still struggling to establish a modern market economy and achieve strong economic growth. In contrast to its trading partners in Central Europe - which were able to overcome the initial production declines that accompanied the launch of market reforms within three to five years - Russia saw its economy contract for five years, as the executive and legislature dithered over the implementation of many of the basic foundations of a market economy. Russia achieved a slight recovery in 1997, but the government's stubborn budget deficits and the country's poor business climate made it vulnerable when the global financial crisis swept through in 1998. The crisis culminated in the August depreciation of the ruble, a debt default by the government, and a sharp deterioration in living standards for most of the population. The economy subsequently has rebounded, growing by an average of more than 6% annually in 1999-2001 on the back of higher oil prices and a weak ruble. This recovery, along with a renewed government effort in 2000 and 2001 to advance lagging structural reforms, have raised business and investor confidence over Russia's prospects in its second decade of transition. Yet serious problems persist. Russia remains heavily dependent on exports of commodities, particularly oil, natural gas, metals, and timber, which account for over 80% of exports, leaving the country vulnerable to swings in world prices. Russia's industrial base is increasingly dilapidated and must be replaced or modernized if the country is to achieve sustainable economic growth. Other problems include widespread corruption, lack of a strong legal system, capital flight, and brain drain.
Religions
Russian Orthodox, Muslim, other
Ports : Aleksandrovsk-Sakhalinsky, Arkhangel'sk, Astrakhan', De-Kastri, Indigirskiy, Kaliningrad, Kandalaksha, Kazan', Khabarovsk, Kholmsk, Krasnoyarsk, Lazarev, Mago, Mezen', Moscow, Murmansk, Nakhodka, Nevel'sk, Novorossiysk, Onega, Petropavlovsk-Kamchatskiy, Rostov, Shakhtersk, Saint Petersburg, Sochi, Taganrog, Tuapse, Uglegorsk, Vanino, Vladivostok, Volgograd, Vostochnyy, Vyborg
International Disputes - Risks to travellers
: 2001 Treaty of Good Neighborliness, Friendship, and Cooperation commits Russia and China to seek peaceable unanimity over disputed alluvial islands at the confluence of the Amur and Ussuri rivers and a small island on the Argun; Russia hastens to delimit and demarcate boundary with Kazakhstan to limit illegal border activities; in 2002, Russia is the first state to submit data to the UN Commission on the Limits of the Continental Shelf to extend its continental shelf by claiming two undersea ridges in the Arctic; Russia signed bilateral agreements with Azerbaijan and Kazakhstan delimiting the Caspian seabed, but littoral states are far from multilateral agreement on dividing the waters and seabed regimes - Iran insists on division of Caspian Sea into five equal sectors while Azerbaijan, Kazakhstan, Russia, and Turkmenistan have generally agreed upon equidistant seabed boundaries; despite recent discussions, Russia and Norway dispute their maritime limits in the Barents Sea and Russia's fishing rights beyond Svalbard's territorial limits within the Svalbard Treaty zone; Russia continues to reject signing and ratifying the joint December 1996 technical border agreement with Estonia; the Russian Duma refuses to ratify boundary treaties signed with Latvia and Lithuania; Russia and Ukraine have successfully delimited land boundary in 2001, but disagree on delimitation of maritime boundary in the Sea of Azov and Black Sea; boundary with Georgia has been largely delimited, but not demarcated; several small, strategic segments remain in dispute; islands of Etorofu, Kunashiri, and Shikotan, and the Habomai group occupied by the Soviet Union in 1945, now administered by Russia, claimed by Japan
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