This report discusses the current political and economic conditions in Russia, focusing on the impact of Vladimir Putin's leadership and the leadership of his successor/protégé, Dmitriy Medvedev, both of which have steered Russia away from progress toward democratization. The report also discusses the state of the economy since the Soviet collapse in 1999, how the recent global economic downturn has affected Russia, the state of Russia's military, and the current relationship between Russia and the United States.

This report provides a brief overview of the WTO itself, the accession process in general, and the commitments that Russia has made to join the WTO. The report discusses U.S. policy on Russia's accession and the accession in the context of the U.S.-Russia economic relationship. It outlines the congressional role in the process and the potential impact of WTO accession for Russian trade with the United States.