Add to ORKGRussia is due to its size, population, rich raw material base and growth potential one of the leading global economies. In this paper I analyze the political and economical environment of the Russian Federation, which predetermines a potential of each sector and the whole economy to affect the global economy. At the same time this paper deals with foreign trade relations between Russia and the Europian Union and the Czech Republic, its development and prediction to the future. The second part is focused on bilateral trade between the Russia Federation. Experiences of the Czech company and the Chamber of Trade and Industry for CIS Countries from trading in Russia provide a basis for analysis of positive and negative aspects of this cooperati...