The worlds largest office supply store, Staples, has joined up with a Russian company, Pragmatic Express.

The two companies will work jointly to serve international customers in Russia.

The deal allows U.S. based Staples to continue its worldwide expansion.  It also allows Staples to take advantage of Russia’s growing economy, while the U.S. economy falters.

Recently the IMF predicted 4.3% economic growth for Russia in 2011.  Compare that to the forecast of 2.3% growth for the United States.  Also, Russia’s unemployment rate is expected to drop to 7.3%, while unemployment in the U.S. is expected stay around 9.6% (www.imf.org).