Political System Komi Republic is a democratic legal state included into the Russian Federation. The state control is fulfilled by the Head of Komi Republic, the State Council of Komi Republic and the Constitutional Court of Komi Republic. The republic is an independent participent in foreign economic affairs, has the right to foster foreign loans and to implement industrial and trade programs with western capital participation under guarantee of the region budget, to give privileges to the foreign companies, to register joint ventures.

Natural Resources The republic has unique stocks of mineral resources thanks to their location, diversity and quality. The mineral resources of Komi Republic are represented by combustible minerals, oil and gas, metal ores, minerals and balneological resources. the fuel resources are represented by oil and gas of Timano-Pechorsky oil field, coke and energetic coals of Pechorsky coal deposits, fuel shales, peat and timber resources. About half of oil and gas stock of Russia Europen North is concentrated here (geological potential of oil and gas stocks exceeds 6 billion tons). The total coal stock is estimated at more than 213 billion tons. The titan deposits of Komi Republic are the biggest in Russia and neighbouring countries. Nowadays Republic Komi is becoming one of the biggest and important suppliers of bauxite and manganese ores. In Republic Komi industrial supplies of sulfur, diamonds, rubies and amethysts can be found and explored. About 65% of the republic territory is covered by forests.

Economy Komi Republic today is well developped region of Russia Federation. Industrial and social infrastructure has transport communication, own electric power and heater supply, produced from own fuel. The industry of komi Republic is composed of more than 30 branches. Fuel and raw material branches dominate and produce about 80% of the total industrial products. Today the republic produces 22 million tons of coal per year (14 million tons of coke included), 7 million tons of oil and gas condensate, 4 billion cubic m of gas, 8 million cubic m of wood, 1 million cubic m of sawn timber, 380 thousand tons of paper, 170 thousand cubic m of chip boards, 13 million square m of fibber boards, 53 thousand cubic m of plywood, 50 million square m of non-woven materials, 240 thousand tons of cement and other goods. Komi Republic is represented as big exporter of fuel, raw materials and other goods. About 100 enterprises and organisations export their goods in 39 countries. Export turnover is estimated at USD 500 million per year.

Science and education Education, culture, science and health protection are received great care in Komi Republic. 22 colleges. 35 technical schools and 569 schools are opened in republic. There are 5 high school institutions. Komi Scientific Center of Russia Academy Urals Branch is the main scientific institution of Komi Republic. The Scientific Center is large united institution for researches in geology structure and characteristics of mineral resources deposits, solving problems of rational mastering of oil, ore and mineral deposits, studying working population, flora and fauna, studying ecological influenceof mankind at nature.