The Current State of Russian-Canadian Economic Relations
Abstrak
The article analyzes the current state of Russian-Canadian economic relations, examines trends in bilateral trade and accumulated direct investments. It is shown that Russian exports to Canada are now back to the levels seen before 2014, while Canadian exports to Russia have not been able to recover from the consequences of a sharp deterioration in bilateral relations. It is concluded that Canada supplies Russia mainly with products with high added value, while Russian exports to the Canadian market are dominated by raw materials and low-value products. It is indicated that the scale of Russian-Canadian investment cooperation has significantly decreased after 2014. However, there is noticeable Russian presence in the Canadian metallurgical industry and agricultural machinery engineering, while Canadian companies have strong positions in Russian mining sector and vehicle engineering. It is noted that Russian-Canadian economic relations remain hostage to the hostile policy of the ruling circles of Canada towards Russia.
Penulis (1)
E. Khoroshilov
Akses Cepat
- Tahun Terbit
- 2022
- Bahasa
- en
- Sumber Database
- Semantic Scholar
- DOI
- 10.18254/s207054760018952-4
- Akses
- Open Access ✓