This chapter examines how dominant political and academic discourses in Russia consider global governance, the respective roles played in this picture by policies of hard and soft power, and the role played by the values, culture, and internal policies of the current Russian regime. Special attention is paid to the transformation of Russia’s relations with the West, its own Eurasian regional integration project, and other attempts to build an alternative global governance vision. Given the particularly dynamic development of Russian foreign policies, recent history of the Russian foreign policy is examined, as well as the cultural and traditional justifications provided by Russian politicians for its foreign policy.