Abstract
The empirical study based on the concentration ratios, describing the trade intensity, and the gravity approach shows that under the 2001-2006 upturn, the realization of the CISs regional trade potential decreased significantly, despite the GDP growth and socio-economic developments. It indicates the weakness of the CIS's integration process. Under modernization, the CIS markets are of great importance for Russia because they provide demand for Russia's manufacturing goods and high-tech products.
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