With the fall of the Soviet Union and the closing of many Communist-era industries, the region has now become dependent on its role as a leading global exporter of:

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With the fall of the Soviet Union, many regions that were part of it or influenced by its economic policies shifted their economic focus. One significant change was the move towards exporting energy resources, which include oil, natural gas, and other minerals. These resources were abundant in the region and have become a crucial part of their economies, especially for countries like Russia.

With the Fall of the Soviet Union and the Closing