No. 257

  USRCC Business Newsletter
USRCC Activities
The U.S. Russia Chamber of Commerce at NAPE 

The U.S. Russia Chamber of Commerce (USRCC)  is pleased to participate in 
NAPE International for the 7th year in a row

The  USRCC is proud to be part of NAPE Summit 2020 that is held in Houston, TX and would like to thank all visitors for spending their time at our booth #4513. It was our pleasure meeting representatives of diverse companies from Oil & Gas, Petroleum, Engineering and Banking industries, as well as representatives of consulting companies and universities from all over the U.S.  We enjoyed the networking and were impressed by the interest of the U.S. companies in the USRCC services. We are looking forward to seeing you all next year!

USRCC Young Professionals Committee                    

The U.S.-Russia Chamber of Commerce  invites you to attend 
the 3d Annual Young Professionals 
Speed Mentoring Session &  Networking Event 

Speed Mentoring is a great opportunity for young professionals ages 
21-40 to get advice from a number of experienced professionals in the most time-efficient manner.

What are the benefits for you?
An objective analysis of your professional strengths and weaknesses, the chance to ask questions outside your current employment, build connections and get insight into the industry of your interest or a career change.



Jason Brummerhop
Senior Vice President and Relationship Manager in Global Trade Solutions for the Global Banking team of Amegy Bank Full bio is available  here
Annie Yang

Economic Development Director for Harris County  Full bio is available  here

USRCC Members - $15  /Non-Members - $30

When: Thursday, February 27, 2020
6:00 pm - 8:00 pm

Where:  10800 Richmond Ave. Houston TX 77042 
Richmond Park Westchase (former Neighbors Health building)

*Parking Instructions:
Free parking is available on premises. Please use west gate to park in the garage.

Some tips for you
Bring a lot of business cards.
Dress code: business casual.
The 55th Annual Petroushka Ball
                                                           Dear USRCC Members and Stakeholders, 
The U.S. - Russia Chamber of Commerce is pleased to support an event hosted by one of our partner   organizations.   Join the Russian Children's Welfare Society at The Plaza Hotel in New York on February  7th for the 55th Annual Petroushka Ball to benefit the RCWS charitable programs  ( www.rcws.org ).         

When:  Friday, February 7, 2020 
Where:  The Plaza Hotel, New York City
Reception - 8 pm, Dinner & Entertainment - 9 pm, Dancing - after 10 pm till 2 am 
  Dress CodeStrictly White or Black Tie, Long Ball Gowns
Age Requirement: 21 years and older
       Special Guest Stars
       Serena Malfi, mezzo-soprano
    Ben Bliss, tenor
      Appear by kind permission of the Metropolitan Opera
        Lester Lanin Orchestra
        Russian Folk & Gypsy Music
For more information or reserve tickets, visit  http://www.rcws.org/events/55th-petroushka-ball

Contact RCWS at 212-473-6263 or  main@rcws.org
for tickets, ads, raffle donations, contributions and special sponsorships.
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 
Members' News
Board of Directors reviews annual General Shareholders Meeting related issues

Gazprom.com, February 4, 2020:  The Company's Board of Directors resolved to hold the annual General Shareholders Meeting of Gazprom on June 26, 2020, in St. Petersburg.  The list of persons entitled to participate in the Shareholders Meeting will be drawn up on the basis of Gazprom's Register of Shareholders at the end of the business day on June 1, 2020.  The Board of Directors approved the lists of nominees for the Gazprom Board of Directors and Audit Commission to be voted on at the Shareholders Meeting.  Read more...
LUKOIL has completed one of its most significant hydropower projects - modernization of Belorechenskaya hydropower station

Lukoil.com, February 6, 2020: The reconstruction, that started in 2017 and included replacement of two generating units, resulted in the increase of the installed capacity of each unit from 16 to 24 MW, raising the total capacity of the power plant up to 48 MW.  The upgrade also extended operational life of the plant for 40 years, increased reliability and improved environmental safety. Advanced technologies - brushless excitation of hydrogenerator and electric drive of the turbine wicket gate - allow a more efficient use of hydropotential. The company also introduced integrated upgrade solutions at almost all auxiliary systems of the station.  Read more..
The Week in Review
Aeroflot introduces flight between Krasnoyarsk and Yakutsk

Tass.com, February 7, 2020:  The company offers the new route in line with the plans to open in Krasnoyarsk Aeroflot's international hub.  Russia's biggest air carrier Aeroflot announced a new flight between Krasnoyarsk and Yakutsk. The first flight is due on March 30, the company's press service said.  "Flights of 3 hours and 15 minutes will be operated six days a week - from Monday to Saturday - on Boeing 737-800," the press service said. From Krasnoyarsk, the departure is scheduled for 11:00 local time, and arrival to Yakutsk will be at 16:15 local time. The return flight will depart at 17:30 and the arrival time is 19:05.  Read more..
Gazprom Eyes Production Boost in Bangladesh

, February 7, 2020:   Russia and Belarus will continue talks on oil supplies, a senior Kremlin official said, after a meeting between their leaders on Friday failed to resolve a politically charged dispute.  Russian oil flows to Belarus have dwindled to a trickle since Jan. 1 after the two countries failed to agree on supply terms for 2020. Oil exports via Belarus to Europe have so far been stable Read more..
Krasnoyarsk Region doubles number of passenger flights to Arctic districts

Tass.com, February 7, 2020:  The Krasnoyarsk Region doubled the number of flights to Taimyr's distanced settlements, the regional government's press service said.For people, living in many Arctic settlements on the Taimyr, helicopters are the only opportunity to get to the regional capital or to Norilsk. Very often, flights are delayed due to weather conditions, and lines of passengers have to wait for vacant seats onboard. Of the highest demand are new flights to Ust-Avam and Volochanka settlements.  Read more...  
Russia unveils €390 billion plan to overhaul its economy
UK wants to ease trade restrictions on some Russian imports

Rt.com, February 7, 2020: The British government is looking to lift anti-dumping measures on Russian goods, imposed by the EU back in 2015. The restrictions could be removed in 2021 when the 11-month Brexit transition period ends.  The UK's Department for International Trade said in a statement published Thursday that it is going to review all anti-dumping, anti-subsidy, and safeguard measures currently in place, including the import duties on products originating from Russia.  Read more...
Russian Energy Exports to U.S. Reach 8-year High in October

Russiabusinesstoday.com, February 7, 2020: U.S. Energy Information Administration data published this week reveals that Russia is now the second-biggest oil exporter to the United States, with Russian supplies reaching an eight-year high in October, RBC. Russia exported 20.9 million barrels of crude oil and petroleum products to the U.S. in October 2019, the highest one-month total since November 2011. The country also surpassed Mexico as the second-largest energy supplier to the U.S. in October 2019 and stood behind Canada.  Read more...
CIS Business News
Turkmen delegation holds business negotiations in India

En.trend.az , January 31, 2020:  The Turkmen delegation took part in the meeting of the India-Central Asia Business Council, which was held in New Delhi, Trend  reports referring to the Business Turkmenistan agency.  The Turkmen side was represented by Turkmen ambassador to India Shalar Geldynazarov. The representatives from India, Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan and Uzbekistan also attended the meeting.  The parties exchanged the views on the development of trade relations and the industrial sector.  Read more...
IMF mission to visit Belarus on 19-30 March

Belarus.by, February 7, 2020: An International Monetary Fund mission led by Jacques Miniane will work in Belarus on 19-30 March, BelTA learned from the IMF Resident Representative Office.  "This will be a regular annual mission who will come for the Article IV consultations," the IMF Resident Representative Office informed.  During the Article IV consultations, an IMF team of experts visits a country to assess economic and financial developments and discuss the country's economic and financial policies with government and central bank officials. Upon return to the IMF headquarters, the team prepares a report.   Read more...
Mobile Residency coverage expanding in Azerbaijan

En.trend.az, February 7, 2020:  One more entrepreneur, Turkish businessman Koral Turkan, will start bu siness in Azerbaijan through the Mobile Residency program provided by the Digital Trade Hub at Azerbaijan's Center for Analysis of Economic Reforms and Communication, Trend reports referring to the center.  Turkish citizen Koral Turkan, having studied Aze rbaijan's investment environment, appealed to the Digital Trade Hub in order to start a new business.  Read more..
Houston - Tyumen Sister Cities
Aeroflot launches ticket sales for direct flights between Krasnoyarsk and Tyumen

Aeroflot.ru, February 5 , 2020: The new flights are being launched following the creation of Aeroflot's new international hub in Krasnoyarsk, which will become Aeroflot's second hub and a base for Boeing 737 and SuperJet100 aircraft. Thanks to Krasnoyarsk's strategic location in the heart of Siberia, passengers will have direct flights to cities in the Urals, Siberia and south of Russia. This will also allow Aeroflot to make a significant contribution to the implementation of the Russian President's decrees to expand the network of scheduled inter-regional passenger routes bypassing Moscow.The development of a hub in Krasnoyarsk, a major economic and industrial centre of Siberia, is part of Aeroflot Group's Strategy 2023, which targets carrying 90-100 million passengers by Aeroflot's 100th anniversary. The new hub will allow Aeroflot to increase domestic and international transit traffic.  Read more..
US-Russia Related News in Russian
Новости недели
Татарстан в ООН: как достигается устойчивое развитие

Tatar.ru, Февраль 4, 2020
Делегация Республики Татарстан во главе с Президентом Рустамом Миннихановым с рабочим визитом посетила г.Нью-Йорк (Соединенные Штаты Америки). Целью поездки стало развитие отношений с Организацией Объединенных Наций и тиражирование успешных практик Татарстана в части устойчивого развития.  В республике традиционно придают большое значение развитию сотрудничества с ООН и ее специализированными учреждениями - ЮНЕСКО, ЮНИДО, ВОЗ и др. Агентство инвестиционного развития Татарстана ведет большую работу по стимулированию инвестиций в секторы, которые принесут социально-экономические выгоды и помогут странам достичь целей в области устойчивого развития.  Читать далее...
Поставки нефти в США: Россия обогнала Мексику

Gazeta.ru , Февраль 6, 2020: Россия заняла второе место среди поставщиков нефти в США, уступив только Канаде. По статистике американского Минэнерго, в октябре прошлого года РФ поставила 20,9 млн баррелей, а страна кленового листа - 136,5 млн.Аналитики Caracas Capital отмечают, что экспорт энергоносителей в США в октябре 2019-го стал для России рекордным с 2012 года. Как сообщает принадлежащая Григорию Березкину РБК , н арастить поставки в Штаты РФ смогла именно за счет нефтепродуктов - в сравнении с началом прошлого года объем российского импорта вырос в 2,5 раз.  Читать далее...

The USRCC is looking for new team members!

Volunteers  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 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 .