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Another impediment in the path to successful trade between the United States of America and Russia is given by the rampant legislature. Take for instance the case of an American entrepreneur who would like to open a new business subsidy in Moscow and conduct import and export operations. He would have to go through an estimated number of 20 to 30 governmental agencies and acquire somewhere between 50 and 90 licenses.
A following reason for the tense relationships between the countries is revealed by different approaches in financial regulations. Whereas the United States promote an open circulation of capital, the officials at Kremlin deny it. As a consequence, Russian entrepreneurs have limited access to funding and investments on both national and international markets. This then results in limited capability to produce and deliver high quality products and services, unable to comply with the international regulations and failing to attract the interest of Americans and other potential partners.
The natural resources of gas represent yet another factor in the trade dispute between United States and Russia. In this particular sense, the Washington officials would like to have some control over the gases, but Moscow refuses to let them participate in any process of decision making. Foremost, in October 2006, when the United States delayed taking an official position in regard to a bilateral trade agreement, the Kremlin administration "snubbed foreign partners and gave its own Gazprom full control of the development of the Shtokman natural gas fields"
Both Russia and the United States are formally opened to negotiations on trade...
The future trade is expected to improve and strengthen the relationship between the two powers, but several other features remain on which the countries do not agree and which are likely to generate future tensions.
References
Dinmore, G., U.S. And Russia Miss Deadline on Trade, Financial Times, 30 October, 2006
Wilson, J., the Fast Food Phenomenon, Russia's Other Booming Market, 2004, http://66.84.52.190/sras/news2.phtml?m=262,last accessed on April 4, 2008
The World Factbook, Central Intelligence Agency, 2008, https://www.cia.gov/library/publications/the-world-factbook/rankorder/2001rank.htmllast accessed on April 4, 2008
Background Note: Russia, Bureau of European and Eurasian Affairs, U.S. Department of State, 2007, http://www.state.gov/r/pa/ei/bgn/3183.html. Ast accessed on April 4, 2008
Trade Facts, Office of the United States Trade Representative, 2006, retrieved at http://www.ustr.gov/assets/Document_Library/Fact_Sheets/2006/asset_upload_file151_9980.pdfon April 4, 2008
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