GENERAL OVERVIEW OF RUSSIA, UKRAINE & BELARUS   The core foundation of the former Soviet Union was the alliance of the three Slavic countries: Russia, Ukraine and Belarus. People of these three nations have common historical ground and similar language. During a long period of time these three countries were parts of one Russian Nation, which is reflected in their names. The name "Ukraine" originated from the old Russian word "okraina" (remote area of the country). The name "Belarus" means "White Russia". The people of the three nations keep strong connections, which results in deep integration processes. They have free trade agreements; they plan to implement a unified currency, create a common economical and political zone (like the European Unit). Another former USSR republic - Kazakhstan, is also very close to the three Slavic countries, because Russians and Ukrainians make up a major part of its population.   At present time, Russia and Ukraine have the strongest economy among the former USSR republics, with good perspectives. Total population of the three Slavic countries amounts to more than 200 million. The quality of life in these countries constantly increases, making their market very attractive for sales of domestic purpose goods. A major part of the industrial enterprises of the former USSR is located on the territory of Russia, Ukraine and Belarus. Their workers are highly educated and skilled. Russia and Ukraine own tremendous nature resources and have well-developed raw material extraction and processing industries. Russia is the largest supplier of oil and gas in the world market. It is also one of the largest electric power suppliers, providing electric power to Ukraine and Belarus at reduced rates. All this, coupled with a relatively low salary of a highly skilled labor force, makes the region a very attractive place for investments.   Russia, Ukraine and Belarus have good geographical locations. On one side, they border Eastern Europe and the Scandinavian countries. On another side, they share a border with China. Therefore, when you place your production facilities in any of these three countries, you will have direct access to the markets of both Europe and Asia (China and Korea).   Another advantage of doing business in this region is the fact, that the new generation of local specialists has a great desire to work under European standards and to become a part of the united Europe. Most of the educational institutions adjust their programs to the standards of the leading universities of the world. In addition to that, many specialists upgrade their skills by studying abroad in Europe, USA and Canada. A good knowledge of English has become a common practice among managers of middle-size and large companies. Integration into the world market is one of the top priorities for the governments of these countries, especially for Russia and Ukraine.   However, one should be aware of some problems with the transitional period from socialism to capitalism. One of them is corruption, which can complicate even the simplest issues. The solution is to use the services of local intermediary companies that know how to solve such problems and how to deal with local official organizations.