New age of globalization and regionalism unavoidably change a political geography and political discourse. The paper examines how the globalization and regionalism transform the traditional Russian identity. The paper discusses the possibility of its movement towards the values of “open society” and multiculturalism. In this paper, we study the impact of globalization to the civilizational identity of Russia. Does globalization erase the issue of nationalism, or does it do the opposite and sharpen the existing contradictions?