No. 174

  USRCC Business Newsletter
USRCC Activities
The SABIT Program

The SABIT Energy Efficiency and Renewables in Residential and Commercial Construction application is available! This program is for applicants from Azerbaijan, Georgia, Kazakhstan, Kyrgyzstan, Moldova, Russia, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan.
Please go to  https://www.trade.gov/sabit/ to download. 

The deadline date is July 13.
USRCC's Booth at the Annual Summer NAPE in Houston  

The annual Summer NAPE in Houston is an expo and networking event that brings together all the players necessary to forge, facilitate and close deals. More intimate than the annual NAPE Summit, this show is a "must attend" event to network with the people and players who have firsthand knowledge of the opportunities and prospects throughout the area. Summer NAPE is where deals happen:  http://napeexpo.com/summer

The Summit will be held at the George R. Brown Convention Center, Houston TX
August 15-16, 2018.

Stop by the USRCC booth #1538!

The U.S.-Russia Chamber of Commerce invites you to attend

The 8th Annual Welcome Reception
Honoring Russian and CIS Delegations to the 
Breakbulk Americas  2018

Please join the U.S.-Russia Chamber of Commerce in welcoming Russian and CIS delegations to the 8th Annual Breakbulk Americas Reception . This annual event draws decision makers in U.S.- Russia trade and investment, including senior representatives from major shipping and logistics companies, leaders in the oil and gas industry, government officials, elected officials and more.

Breakbulk Americas is the largest and most important gathering in North America for companies involved in the shipping of heavy-lift, project cargo and traditional breakbulk cargoes. The conference provides shippers with the opportunity to meet and develop relationships with the leading specialized carriers, forwarders, ports, terminals and packers who have the expertise and resources to handle oversized cargoes with unique handling requirements.

Wednesday, October 3, 2018 * 6:00 PM - 8:00 PM 
Four Seasons Hotel, Whitney Room * 1300 Lamar Street, 
Houston, TX 77010

USRCC Members - $30/Non-Members - $60
Please note: Refunds will not be issued after September the 30th, 2018

For sponsorship opportunities please contact:

The U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive, Suite 133, Houston, TX 77042 
Phone: 713.429.4680 Email : info@usrussiacc.org

USRCC Internship

The USRCC is looking for new team members!

 play a key role and the contributions they make impact the day-to-day functions of the chamber and shape the future of the relationship between Russia and the U.S.

There are many ways you can get involved with the USRCC. Whether you are an experienced leader or a student, there is a place for you. By volunteering you can be at the very centre of our high-profile events held in Houston, Chicago and New York City and interact with influential leaders in the U.S.-Russia trade and investment.
To learn more about the position  click here or contact us directly at info@usrussiacc.org   call 713.429.4680
USRCC Membership
Are you taking advantage of your  USRCC Member Benefits?

Renew your membership or join for the first time today!

For more information  click here 
Interested in learning more about our 2018 events?

To see a full list   click here                                                                                                                     
Members' News
RNG held the second «Quality Day»

RNG's  second scientific and practical conference «Quality Day» was held in Moscow.                                  
It was attended by representatives of leading international drilling and service companies providing services for  oil and gas wells: Halliburton, Baker Hughes, Schlumberger, Scientific Drilling International, NT-Geophysics, All-Russia petroleum research exploration Institute, VPT-Neftemash,  Udmurtgeofizika, VSIK.
The participants of the meeting summed up the results of cooperation for the first half of 2018, noted the positive trends in the work in particular:  the introduction of conservation , cleaning and re-application of drilling mud scheme , development of optimal drill bit design options, the use of the latest geonavigation systems for  conducting complex well profiles. All this has significantly reduced the time of horizontal wells drilling in the Eastern blocks of Srednebotuobinskoe oil and gas condensate field.
After the "Quality Day" it was decided to work with service contractors to start implementing new proposals of the conference participants to improve the efficiency of work.
ExxonMobil Foundation Invests US$10 Million in Guyana for Research, Sustainable Employment and Conservation

Exxonmobil.com, July 2, 2018: ExxonMobil Foundation said today that it will contribute US$10 million to a new collaboration with Conservation International and the University of Guyana to train Guyanese for sustainable job opportunities and to expand community-supported conservation.
The investment is also intended to support Guyana's Green State Development Plan, the country's 15-year development plan that aims, among other things, to diversify Guyana's economy and balance economic growth with the sustainable management and conservation of the country's ecosystems. The ExxonMobil Foundation will provide the investment over five years.  Read more...
The Week in Review
Putin sees 'positive trends' in Russian economy

Au.news.yahoo.com, July 5, 2018: Russian President Vladimir Putin on Thursday said the Russian economy was showing "positive trends" but called on improving the "quality of people's lives" during a meeting with government ministers.
"The macro-economic situation in our country over the last five months is on the whole stable. Positive trends are seen in key ares," Putin said in televised comments.
But the Russian leader stressed that these "should not calm us".
"We always have to tell ourselves in these instances that not all people feel this, we need to be aware of this," he said.   Read more...
Finopolis 2018 will Take Place in Sochi on 17 - 19 October

Tass.com, July 3, 2018: The Forum of Innovative Financial Technologies Finopolis will take place in the Main Media Centre of the Sochi Olympic Park on 17-19 October 2018. The event is organized by the Bank of Russia with the support of the Roscongress Foundation.

Key topics of Finopolis 2018:
*          Digital competition in finance
*          Data: the foundation of digital business
*          FinTech-as-usual: from pilots to industrial platforms
*          The age of AI: successes, dilemmas, the human factor
*          Cyber security: the digital economy's immune system 
Russian, Saudi energy ministers discuss plans for oil production

Xinhuanet.com, July 3, 2018: Russia and Saudi Arabia energy ministers discussed the two countries' plans for oil production in the light of the decision of the Organization of the Petroleum Exporting Countries (OPEC) and non-OPEC producers to increase oil output, the Russian Energy Ministry said Tuesday.
According to a statement by the ministry, Russian Energy Minister Alexander Novak and his Saudi Arabian counterpart Khalid Al-Falih exchanged information over the phone on their respective oil production plans according to the decision, which corresponds to an increase in oil output of about 1 million barrels per day.  Read more...
Russia to build new nuclear power units in China

Rt.com, July 4, 2018: Moscow and Beijing may sign agreements to build two more nuclear power units in China, according to Russia's state nuclear power corporation Rosatom.
"We've signed new intergovernmental accords with our Chinese partners for construction of the sixth and seventh Tianwan units and on provision of a new site for us," said Rosatom CEO Alexey Likhachev at the meeting with Prime Minister Dmitry Medvedev.
He added that "at least two more units will become the subject of separate agreements between us and the People's Republic of China."  Read more...
Russia finds creative ways to move wheat to export market

Producer.com, July 3, 2018: Russia is turning to smaller ports and ship-to-ship transfers to help deal with its large grain harvests.
The usual grain-shipping channels, which involve loading ships at Black Sea ports, especially Novorossiysk, are being used to capacity, so traders are using small ships on the Sea of Azov to keep exports flowing.
The grain is loaded onto small vessels, which navigate the shallow Azov sea and meet up with larger vessels on the Black Sea, north of traditional deep-water ports. There, the grain is transferred ship-to-ship using cranes carried by the vessels.  Read more...
Russia's fresh focus on exports

Automotivelogistics.media, July 5, 2018:  In recent years, Russia has put considerable resources into encouraging recovery in its domestic automotive industry. Last year, the federal budget included 62.3 billion roubles ($1 billion) in state aid for carmakers. Such sums have been spent primarily on boosting demand in the domestic market, which has been under pressure since 2014 due to a mix of factors, including international sanctions, the fall in global oil prices and structural problems in the national economy.
But a new development strategy for the Russian automotive industry, adopted by the government in May this year and covering the period to 2025, has apparently abandoned this policy, setting no targets on domestic demand. Instead, it places a new focus on exports, which the government wants to see nearly tripled in the next seven years, from last year's figure of 83,400 units to 240,000 units in 2025.  Reda more...
Russia's Pacific Fleet ships pay business visit to Japanese port

Tass.com, July 5, 2018: A Pacific Fleet task force on Thursday arrived in Japan where the Russian sailors will have a cultural program and sports competitions between the two countries' servicemen, Pacific Fleet Spokesman Captain 2nd Rank Nikolai Voskresensky said.
"Today the task force of the Pacific Fleet's warships consisting of large anti-submarine vessels Admiral Tributs, Admiral Vinogradov and a mid-size sea tanker Pechenga arrived on a business visit to the Maizuru naval base of the Japan Maritime Self-Defense Force," Voskresensky said.  Read more...
Russian IT Start-ups With Support From Russian Export Center Will Get Access to Singapore's Ecosystem

Asiaone.com, July 4, 2018: Representatives of Skolkovo Foundation and Action Community for Entrepreneurship (ACE) have discussed further cooperation options in the field of communication and IT. Established in 2003 on the initiative of the Ministry of Trade and Industry of  Singapore, ACE helps foreign start-ups to enter the country's domestic market. The ACE's Head of Partnerships and Marketing  Marianne Tan attended the Russian stand during the international fair ConnecTechAsia-2018, where she held talks with Dmitry Khodkov, Head of Telecommunications & IT cluster of the Skolkovo Foundation.  Read more...
New-generation tractor from Russia has 'passed the test'

Agriland.ie, July 6, 2018: Agromash - a Russian entity - is currently developing its new-generation tractor.
With the support of Russia's Ministry of Industry and Trade, testing is ongoing on the new 180TK (pictured). A specialist engineering company - Mikont LLC - is partnering on the project with Agromash.
The tractor is notable for having a powershift transmission (developed in-house), along with a so-called 'Agropilot-1' precision farming package (apparently accurate to 2cm).
"The creation of this is the fruit of the work of a large and friendly team of innovators from Mikont," explained Igor Pavlov, deputy general designer for mass production.  Read more...
Russia's largest air cargo carrier introduces services to Budapest

Rusaviainsider.com, July 2, 2018: In its pursuit of growing cargo shipment demand between Europe and Asia, Russia's AirBridgeCargo (ABC) Airlines, a major international long-haul airfreight carrier, has launched bi-weekly frequencies to Budapest from its Moscow Sheremetyevo hub.
These latest B747 freighter additions bring the airline's expanding network of destinations to 11 and guarantee up to 139 tonnes of available capacity per flight for the entire cargo catchment area of Hungary's capital city, as well as for neighbouring central and eastern European customers.
"Budapest has been expanding at a fast clip, upgrading its facilities, infrastructure, and solutions for freighter carriers and follows a cargo-friendly strategy," highlights Sergey Lazarev, general director of ABC.  Read more...
Russia to launch next-generation satellite

En.trend.az, July 2, 2018: Russia plans to launch the next-generation Glonass-K2 satellite aboard a Soyuz-2 carrier rocket from the Plesetsk spaceport in the countrys north or aboard an Angara rocket from the Vostochny cosmodrome in the Russian Far East in 2022, Information Satellite Systems CEO Nikolai Testoyedov told TASS on Monday. 
Information Satellite Systems is the producer of Glonass satellites.
Chief Designer of Russia's Glonass global satellite navigation system Sergei Karutin earlier said that the designing of the Glonass-K2 satellite had been completed.
"After the approval of the conceptual design, we will switch over to the stage of working out design documentation, after which we will create a prototype and start its experimental testing. The flight prototype is planned to be produced in 2022 and in that year it will be launched," Information Satellite Systems CEO Testoyedov said.
Azerbaijan in talks with Russia to increase electricity import - Azerenerji

Tass.com, July 3, 2018: Azerbaijan started negotiations for increase of electricity import from Russia, head of the Public Relations Department of the Azerbaijan's energy company Azerenerji Yahya Babanli told TASS on Tuesday.
"Azerbaijan started talks to increase electric power import from Russia. Chief executive of Azerenerji Etibar Pirverdiev leads the negotiating process from the Azerbaijani side," Babanli said. He did not detail import volumes.
The Russian energy company Inter RAO said earlier that electricity supplies to Azerbaijan started from Monday night within the framework of the emergency mutual assistance agreement. "We are supplying electric power to Azerbaijan within the framework of the emergency mutual assistance agreement from 23.45 of yesterday. 200 MW are supplied," the company said.  Read more...
Houston - Tyumen Sister Cities
Tyumen region develops the tourism potential successfully

En.admtyumen.ru, July 2, 2018: Development of domestic and inbound tourism in the Tyumen region for 2017- early 2018 was discussed at the meeting of Presidium of the regional govenment, held by interim Governor Alexander Moor.
Andrey Panteleev, Director of the regional consumer market and tourism department, informed that for 2017, the tourist flow of the region was two million eight hundred and eighty thousand people, including independent tourists; an increase by approximately seven percent compared to 2016. Compared to 2016, the volume of paid services in the sector of domestic and inbound tourism increased by three percent according to preliminary data. The final figures will be ready in August 2018.   Read more...
Roads in Tyumen will be repaired on nanotechnology

Russianconstruction.com, July 5, 2018: Nanotechnology will be used in the reconstruction of Tyumen section of a federal road running from the city of Yekaterinburg, the region's construction department said on Thursday.
The report says that for the first time, asphalt concrete will include bitumen additive DORSO, which has unique properties. In particular, this component imparts ductility to the roadway and prevents the appearance of such defects as a washboard, birdbath and surface scaling.  Read more...
US-Russia Related News in Russian
Новости членов Палаты
"Газпром" и "Узбекнефтегаз" обсудили ход разработки месторождения Шахпахты

Finam.ru, 6 июля 2018: Председатель правления "Газпрома" Алексей Миллер и заместитель премьер-министра Узбекистана, председатель правления "Узбекнефтегаза" Алишер Султанов обсудили ход двустороннего сотрудничества компаний. В частности, речь шла о совместной разработке месторождения Шахпахты. Об этом сообщила российская компания.  Читать далее...
Новости недели
Россия пытается расширить экспорт, а также взрастить малый и средний бизнес 

News.rambler.ru, 6 июля, 2018: Основу экономических и бизнес отношениях между Россией и Японией составляет план сотрудничества из восьми пунктов. Медицина/здравоохранение, городская среда, энергетика, Дальний Восток и так далее. Возможно, вы знаете, что одним из ключевых слов также является малый и средний бизнес.
Японский малый и средний бизнес рассматривает Россию в качестве нового рынка, однако и правительство России намерено сделать взращивание российского малого и среднего бизнеса новой основой экономического взаимодействия с Японией. Об этом сообщает Рамблер.   Читать далее...
Эксперты увидели шанс на увеличение экспорта из России благодаря ЧМ-2018

Rbc.ru, 5 июля, 2018: ЧМ-2018 в России может оказать поддержку российской экономике, в том числе благодаря повышению узнаваемости бренда «Сделано в России». Об этом говорится в свежем обзоре «Комментарии о государстве и бизнесе» (*.pdf), подготовленном Центром развития ВШЭ.
Инвестиции в общегражданскую и спортивную инфраструктуру при подготовке к ЧМ-2018 в 2013-2017 годах эксперты ВШЭ оценили в $12,5 млрд (0,7% от ВВП России за 2017 год).  Читать далее...
Бразилия впервые за восемь лет закупила пшеницу в России

Ria.ru, 5 июля, 2018: Бразилия впервые за восемь лет закупила партию российской пшеницы, передает агентство Блумберг со ссылкой на данные бразильской консалтинговой компании Trigo & Farinhas.
"Три мукомольных завода на северо-востоке Бразилии закупили 25 метрических тонн пшеницы у агрохолдинга "Содружество" с поставкой в июле", - сообщила компания. По ее мнению, в будущем еще больше российских компаний проявят интерес к возможности поставлять пшеницу в Бразилию.  Читать далее...
USRCC Executive Partners



The U.S.-Russia Chamber of Commerce (USRCC)  is  a 501(c)(6) no t for  profit  corporation with its headquarters  in Houston, Texas,  and offices in the Midwest and the Northeast. The USRCC  was established in 2009 to promote  trade and investment  between  the  Russia n Federation  and the U.S. A.  
The information contained in this newsletter is provided for general information purposes only and does not constitute legal or other professional advice on any subject matter. USRCC does not accept any responsibility for any loss that may arise from reliance on information contained in this newsletter. The views and opinions expressed in this publication are those of the authors. They do not reflect the opinions or views of the USRCC or its members.  Links within this newsletter lead to other websites, including those operated and maintained by third parties. The linked sites are not part of the USRCC newsletter. USRCC includes these links solely as a convenience to the newsletter subscribers, and the presence of such links does not imply a responsibility for the linked site and its operator. USRCC cannot certify the accuracy of the material provided by the original  source .