After the Soviet Union collapse regions of the Russian Federation was given the right to develop international economic and political relations. The article is devoted to current situation and future development of cooperation between regions of the Russian Federation that are most closely collaborating with the Bolivarian Republic of Venezuela. Problems of interaction between governments and businesses, cultural exchanges are the main subjects of the research work. The author analyzes the process of bilateral cooperation, identifies weaknesses.

business connections, cooperation, cultural exchange, development, economy, industry, Volgograd region, the Udmurt Republic