Russian Political, Economic, and Security Issues and US Interests

Russia is a potentially important trading partner. Russia is the only country in the world with a greater range and scope of natural resources than the United States, including vast oil and gas reserves. It is the world’s second-largest producer and exporter of oil and the world’s largest producer and exporter of natural gas. It has a large, well-educated labor force and a huge scientific establishment. Also, many of Russia’s needs—food and food processing, oil and gas extraction technology, computers, communications, transportation, and investment capital—are in areas in which the United States is highly competitive, although bilateral trade remains relatively low.

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