The path to cooperation. Economic relations between the USSR/Russia and Canada in 1989–2003

Abstract

The current article delves into the key elements of the economic cooperation between the USSR/Russia and Canada between 1989 and 2003. It is widely known that Russia and Canada are prominent global players due to their substantial size and influence in today’s geopolitical landscape. However, the historical bond between these nations is not only pivotal in their foreign policies but also serves as a vital topic for research aimed at gaining a deeper understanding of the historical past. Although the ideological disparities and the Cold War legacies have complicated the dialogue between them, both sides have demonstrated a willingness to enhance their cooperation for mutual benefit. Official documents, statistical data and scientific works on related topics are analyzed initially using the research method, and then the information obtained is synthesized to reach further objective conclusions. Furthermore, the study examines some fundamental aspects of trade and investment collaboration between the two countries, along with the challenges they encounter in establishing economic partnerships. The findings of this research can provide valuable insight into the overall characteristics of the economic relationship development between the two countries in the early post-Soviet period.