The Russian Federation is a full successor of the Soviet Union who had broken down in the nineties. It is part of many interstate economic, political and public organizations and communities, including the United Nations, APEC, UNESCO, the Euro -Asian Economic Union, the Commonwealth of Independent States, created between the republics of the former USSR. Since 2012, Russia has been full membership in the World Trade Organization. The oil and gas industry, the machine -building industrial sector, the space industry, the production of weapons, production and processing of raw materials resources are of world importance in the economy of the Russian Federation.
