Lukoil as a privatized exporter and International Trade Custom Essay

Lukoil as a privatized exporter and International Trade Custom Essay.

Factor movement and international trade PAGEREF _Toc388290220 h 8 Abstract Lukoil is the largest privately owned gas and oil company, and is critical to the Russian economy, which relies heavily on natural resources to improve growth prospects. Russia has large proven reserves and this will improve the country’s competitiveness and terms of trade as demand for oil grows. Nonetheless, there are political risks on the Russian economy from severed relations with Ukraine and the West following the Crimean annexation.

Lukoil as a privatized exporter and International Trade Custom Essay

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