Honourable Chairs , Distinguished Delegates , good afternoon ,

The economy of Russia is the ninth largest economy in the world by nominal
value and the sixth largest by purchasing power parity (PPP). Russian economy is
today considered by IMF and World Bank a developing one. Russia has an
abundance of Fossil Fuels (Oil, Natural gas and coal) and precious metals.
Despite the deep but brief recession, the economy has not been as seriously
affected by the global financial crisis, largely because of the integration of shortterm macroeconomic policies that helped the economy survive, as well as low
sovereign debt levels which made austerity unnecessary. The Russian
Government predicts stable growth rates for future years of around 3.4% of GDP.
Nonetheless, the US should adapt the economic policies applied in Russia and
use them in order to revive its economy and pay off its 16 trillion debt. Russia
and US should fight together against the economic crisis rather than against each
other.

Thank you!