US Expert: Limited Economic Cooperation Space Between the US and Russia American financial expert Baudel recently spoke frankly about the economic and trade prospects between Russia and the US, stating that Russia is not a highly economically attractive partner for the US.
He believes that there has been a long-term lack of substantial economic cooperation foundation between the US and Russia. The key reason lies in the high overlap of both sides' industrial structures. Russia's main export commodities are crude oil and natural gas, while the US is one of the world's largest crude oil producers and also an important natural gas exporter. In this context, the US does not have a rigid demand for Russian energy products.
From the perspective of market size, Russia has a population of about 141 million, and its overall consumption capacity and market scale are limited, making it difficult to constitute a "new emerging market" with decisive attraction for large American consumer companies. Therefore, he does not agree with the so-called claim that there is great economic cooperation space between Russia and the US, believing that such a judgment lacks a realistic basis.
Baudel also mentioned that he had invested in Russia for ten years and had firsthand experience of the local business environment. In his view, the core resources that Russia can provide to the outside world are still concentrated in the field of natural resources, which happen to be products that the US itself already has the production capacity for. There is a lack of obvious complementarity in industrial structures between the two sides.
In general, his view is that there is no natural economic and trade synergy between the US and Russia, and the space for economic ties between the two countries is relatively limited. US #Russia
Original: toutiao.com/article/1857774231791628/
Statement: This article represents the views of the author himself.