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Russia possesses many opportunities being the world's largest country in terms of territory, possessing vast natural resources, having a population of over 150 million people, having had one of the world's fastest GDP growth rates of 7.5% from 2001-2005, and having less competition in some industries than is the case in many countries due to the economic transformation Russia is undergoing. However, Russia also has a dynamic, unique, challenging, and sometimes difficult to understand business environment that has caused problems for many foreign firms. As a result, it is risk rather than opportunity that many associate with Russia.
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