|
 LATEST NEWS |
October 13.2008
Treasury Hires Investment Adviser Under the Emergency Economic Stabilization Act |
 more... |
|
October 13.2008
Plenary Remarks by Assistant Secretary for International Affairs Clay Lowery at the Annual International Monetary Fund and World Bank Meetings |
| more... |
|
October 13.2008
The global financial crisis has yet to peak, and individual governments must now take appropriate measures to deal with its effects, Russia's finance minster said. |
| more... |
|
October 12.2008
Recent U.S. Actions to Halt Iran�s Procurement Practices for Attempted Acquisition of WMD-Related Items |
| more... |
|
October 12.2008
Treasury Designates FARC International Commission Members |
| more... |
|
October 12.2008
Statement by Secretary Henry M. Paulson, Jr. at the Development Committee Meeting |
| more... |
|
October 12.2008
One-in-Five Speak Spanish In Four States New Census Bureau Data Show How America Lives |
| more... |
|
October 12.2008
Una de Cada Cinco Personas Habla Español en Cuatro Estados Nuevos Datos de la Oficina del Censo Muestran Cómo Viven los Estados Unidos |
| more... |
|
October 12.2008
Capital Expenditures Rise 14 Percent to Record High in 2006 |
| more... |
|
October 12.2008
Nation’s Housing Stock Reaches 128 Million |
| more... |
|
October 12.2008
Federal Spending Increased 4.4 Percent in 2007 |
| more... |
|
October 12.2008
Investment Banks Struggle to Adapt |
| more... |
|
|
|
| Home About Us News Guide Terms Related Companies Links |
 |
07.12.2008
News / U.S., Russian CEOs Strengthen Ties“U.S. business is having a positive impact in Russia by assisting in the development of good business practices and providing world-class goods and services. These broader market opportunities reach back to the United States with better corporate earnings,” said Verona. “The fact that the Russian market is one of the fastest-growing and most profitable for our U.S. members is helping them at a time when the U.S. economy is weak.”
In addition, Verona noted that U.S. exports to Russia jumped nearly 60 percent in 2007, and increased another 54 percent in the first quarter of 2008 alone. Verona noted that Russian companies are also benefiting from increased engagement with the U.S. “Russian companies are engaging in profitable ventures in the U.S. that sustain high-paying jobs from Oregon to Mississippi to Maryland,” he said.
“Many of our policy leaders in Washington need to have a better grasp on the successes of the private sector,” Verona suggested, citing Russia’s WTO accession as an example. “Once the negotiations are complete, Russia’s presence in the WTO will offer additional opportunities for engagement in a rules-based framework.
He added, “We look forward to working with our Russian counterparts in business, as well as political leaders in both countries, through the Economic Dialogue, where WTO accession and other important bilateral commercial issues come to the fore. We are also eager to begin work through a business-to-business dialogue that has yet to take shape to ensure continued engagement. The work we do now is important for laying a foundation of understanding that must continue in the future, regardless of who will be the next President of the United States.”
Verona, who became President and CEO of the U.S.-Russia Business Council earlier this month, was featured at the St. Petersburg Economic Forum’s panel on Sunday, June 8, with Russia’s Deputy Foreign Minister Andrei Denisov, who co-chairs the government-to-government U.S.-Russia Economic Dialogue. -
RBTH note
The U.S.-Russia Business Council (USRBC) represents the interests of its 300 U.S. and Russian member companies, providing business development and government relations support in both Moscow and Washington. The USRBC contributes to the development of a free market (www.usrussiatrade.org).
At the conclusion of an exclusive gathering of U.S. and Russian CEOs at the St. Petersburg International Economic Forum, the U.S.-Russia Business Council President Ed Verona heralded a new-found environment of bilateral cooperation, and emphasized the private sector’s key role in continuing to educate U.S. and Russian policymakers about the value of increased commercial engagement.
sources: http://rbth.rg.ru/articles/2008/06/26/CEOs.html
Home | About US | News | Guide | Terms | Support | You company | Links
| | |
