OPERATIONAL AND FINANCIAL SUPPORT

Russia Operational and Financial Support to Small Medium Enterprise Sector

Abstract

During recent years, Russia and EU (European Union) reinforced their cooperation through a number of bilateral initiatives known as “four common spaces” in the work of the Partnership and Cooperation Agreement. These common spaces cover economy, security and justice, external security as well as research and education. The aim is to put in place conditions which will increase opportunities for economic operators, promote trade and investment, facilitate the establishment and operation of companies on a reciprocal basis and strengthen cooperation in many sectors such as information, energy, research and development, transport and agriculture.

Table of Content

Abstract2

Background4

Profile of Poland4

Aim of the Study5

Objectives of the Study5

Russia Operational and Financial Support to Small Medium Enterprise Sector5

SMEs in Russian economy9

Innovative enterprises10

Infrastructure13

Justification of the Study18

Chapter Outline19

References20

Russia Operational and Financial Support to Small Medium Enterprise Sector

Background

The Russian Federation is one of the most important partners for the European Union. A key priority for the EU is to build a strong strategic partnership with Russia based on a solid foundation of mutual respect. Moreover, Russia is the largest neighbour of the EU with a dynamic market for EU goods and services and the EU's market, on the other hand, is by far the most important destination for Russian exports. During recent years, both sides reinforced their cooperation through a number of bilateral initiatives known as “four common spaces” in the work of the Partnership and Cooperation Agreement. These common spaces cover economy, security and justice, external security as well as research and education. The aim is to put in place conditions which will increase opportunities for economic operators, promote trade and investment, facilitate the establishment and operation of companies on a reciprocal basis and strengthen cooperation in many sectors such as information, energy, research and development, transport and agriculture. Furthermore, the development of the EU-Russian cooperation plays a decisive role in the success of the Partnership for Modernisation.

Profile of Poland

Poland 'po?l?nd, officially the Republic of Poland, is a country in Central Europe, bordered by Germany to the west; the Czech Republic and Slovakia to the south; Ukraine, Belarus and Lithuania to the east; and the Baltic Sea and Kaliningrad Oblast, a Russian exclave, to the north. The total area of Poland is 312,679 square kilometres (120,726 sq mi), making it the 69th largest country in the world and the 9th largest in Europe. Poland has a population of over 38 million people, which makes it the 34th most populous country in the world[5] and the sixth most populous member of the European Union, being its most populous post-communist member. Poland is a unitary state made up of 16 voivodeships. Poland is a member of the European Union, NATO, the United Nations, the World Trade Organization, the Organisation for Economic Co-operation and Development (OECD), European Economic Area, International Energy Agency, Council of Europe, Organization for Security and Co-operation in Europe, International Atomic Energy Agency and G6 (Great 6).

Aim of the Study

The aim is to put in place ...