No. 258

  USRCC Business Newsletter
USRCC Activities
2nd Annual USRCC Ambassador Reception  

On February 11, 2020, the USRCC hosted its  "2nd  Brand Ambassador Reception" 
that took place at Amalfi Ristorante Italiano & Bar, Houston, TX.

The U.S.-Russia Chamber of Commerce has thrived in 11 years of its existence due to the exceptional support of its volunteers, interns and employees who we can now proudly be called the "USRCC Ambassadors". We would like to thank all of the "USRCC Ambassadors" who help us to strengthen our programs and events and help us to shape the business relationship between Russia and the U.S. 


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.


Annie Yang

Economic Development Director, Harris County, Texas. Full bio is available here 
Ronald Sullivan

Managing Director
Gazprom Marketing and Trading USA.  Full bio is available  here 

Tom Ford
Senior Vice President at Moody Rambin, Office Tenant Representation. Full bio is available here 

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
Kevin Pennell

Partner in Pennell Law Firm PLLC. 
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 U.S. -Russia Chamber of Commerce in partnership with the U.S. Commercial Service
invites you to join this rare opportunity to learn

      "Doing Business with Russia: 
Risks and Rewards"

When:  Wednesday, March 4, 2020 | 7:30 am - 09:30 am 
Where:Petroleum Club of Houston - Aramco Room
Address: 1201 Louisiana Street, 35th Floor, Houston, Texas 77002

Cost: USRCC members - Free  N on-members -   $30.00

Over 1,000 American firms of all sizes continue to do business in Russia, including Boeing, GE, United Technologies, Honeywell, 3M, John Deere, Procter & Gamble, ExxonMobil, Chevron, and others. Hundreds of Houston based companies are engaged with Russian businesses.
Houston is responsible for 20 percent of the overall U.S.-Russia trade. In addition to the energy sector, several other industries hold considerable opportunities for US companies in Russia, including agriculture, chemicals, IT, machinery, healthcare, and metals. During the seminar, participants will be provided with an overview of the current business climate in Russia and the available resources to assist them.

Seminar Speakers


James Golsen
Commercial Counselor - Senior Commercial Officer  Embassy of the United States of America in Moscow.  Full bio is available  here
Tanner Johnson
Russia Desk Officer - Office of Russia, Ukraine & Eurasia U.S. International Trade Administration (ITA).  Full bio is available  here

Seminar Agenda

7:30am - 8:00am
Registration and Networking
8:00am - 8:05am
Opening Remarks - Nyamusi Igambi, Director, U.S. Commercial Service - Houston
8:05am - 8:10am
Welcome Remarks and Overview on Doing Business in Russia -   Andrew   Pidgirsky, Partner, Lewis Brisbois Bisgaard & Smith
8:10am - 8:40am
"American Business in Russia-What's Next? A View from the U.S. Embassy in Moscow", - James Golsen, Commercial Counselor and Senior Commercial Officer, Embassy of the United States of America in Russia
8:40am - 9:10am
"Current Considerations in U.S.-Russia Trade", - Tanner Johnson, Russia Desk Officer, Office of Russia, Ukraine & Eurasia, U.S. International Trade Administration
9:10am - 09:30am
Q&A session

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
Gazprom's 15th Investor Day launched in New York
G azprom.com , February 11, 2020:  Gazprom's 15th annual Investor Day was launched in New York.  Taking part in the event are  Deputy Chairman of the Gazprom Management Committee, Elena Burmirstova , Deputy Chairman of the Gazprom Management Committee and Director General of Gazprom Export , Kiril Polous, Head of Directorate, and representatives of the Company's relevant subdivisions and its subsidiaries.  Read more.. .
Turkish Airlines added Malabo, the capital of Equatorial Guinea, to its flight network

Turkishairlines.com, February 10, 2020:  As the airline that flies to more countries than any other, Turkish Airlines continues to expand its flight network. Flag carrier started its operations to Malabo on February 7, making the capital of Equatorial Guinea its 319th destination. As the 60th destination of the global carrier in the continent of Africa, flights to Malabo will be operated on Istanbul - Port Harcourt - Malabo - Istanbul route with Boeing 737-900 type aircrafts.  Read more..
The Week in Review
Novatek, Lukoil Interested in Oil Fields Owned by Gazprom Neft:

Russianbusinesstoday.com, Februry 13, 2020: majors Luckoil  and Novatek  are in talks with Gazprom Neft  about entering a project to develop oil fields on the shelf of the Sea of Okhotsk (the Sakhalin project), three sources told Kommersant.  The Neptune and Triton oil fields, opened in 2018, have total reserves of more than 550 mln tonnes, while recoverable reserves are estimated at 70 million tons and 45 million tons, respectively. Two sources noted that the companies had held consultations but the prospect of a partnership was unclear.  Read more..
Lukoil Negotiates Refinery Reconstruction in Cameroon

R ussiabusinesstoday.com , February 11, 2020:A delegation of Russian oil major  Lukoil 's executives met with the Cameroonian Minister of Water and Energy Gaston Eloundou Essomba this week, with both sides continuing the discussions over the reconstruction of the national refining company Sonara, Business in Cameroon reported Read more... 
Russian-Qatari cooperation in oil, gas sector to expand, says envoy to Doha

Tass.com, February 13, 2020:  Russia's Ambassador to Qatar Nurmahmad Kholov expects the cooperation between Moscow and Doha in the oil and gas sector to expand.  "Russia and Qatar actively cooperate in the oil and gas sector, including the field of hydrocarbons trade, experience and know how sharing," the diplomat said in an interview with TASS on Thursday.  Read more...  
Russia needs more investment to outpace global economic growth - Putin

Russia & EU on path to cut out the dollar by boosting settlements in national currencies

Rt.com, February 12, 2020: With the number of non-dollar deals rising, Moscow and Brussels are discussing ways to boost the volume of settlements in euros or rubles, says Russia's envoy to the EU Vladimir Chizhov.  The talks about the switch-over come as the greenback still remains a  "powerful weapon"  of the US, the permanent representative to the EU said in an interview with Sputnik. Sanctions are another tool for Washington, as foreign companies dependent on the American market have to stop dealing with firms, as well as whole countries, that the US targets Read more...
Argentine province wants to team up with Moscow on gas projects, says Russian envoy

Tass.com, February 14, 2020:  The authorities of the Argentine province of Tierra del Fuego are interested in cooperating with Moscow in the field of gas production and exploration, Russia's Ambassador to Buenos Aires Dmitry Feoktistov told reporters on Thursday.  "The production and exploration of hydrocarbons, primarily gas, both on the territory of the province itself and in the open ocean [offshore] as well," is a potential area of cooperation between Russia and the Argentinian region, the diplomat said. "We have companies that are interested in that. Governor [Gustavo Melella] has also confirmed to us that the province will be interested in working with Russia to carry out economic projects," he addedRead more...
Houston - Tyumen Sister Cities
Students from Khanty-Mansiysk and St. Petersburg scoop the main awards at this year's "Developing Talent" competition

World.einnews.com, February 12, 2020:  The results of the fourth Gazprom Neft "Developing Talent" competition have now been drawn up in St Petersburg - the competition having been held across 10 regions in which Gazprom Neft has a presence, with a total 2,600 students, from 220 schools, taking part. The competition was won by teams from Khanty-Mansiysk and St Petersburg.  Read more..
CIS Business News
President approves funding for construction of new school in Kurdamir

News.az, February 13, 2020:Azerbaijani President Ilham Aliyev has signed an Order, approving funds for the construction of a new school in the city of Kurdamir. Under the presidential Order, the Ministry of Education is allocated two million manats for the construction of the 960-seat school in the city Read more...
Foreign investments in Belarus at $10bn in 2019

Belarus.by, February 12, 2020:  Foreign   investors  pumped $10 billion into the  real sector  of  Belarusian economy  (apart from banks) in 2019, BelTA learned from the National Statistics Committee.  Among the main investors in Belarus were economic entities of Russia (45.1% of the total), the United Kingdom of Great Britain and Northern Ireland (18%) and Cyprus (7.6%). FDI made up $7.2 billion, or 72.3% of the total foreign investments.   Read more...
President of Turkmenistan meets with members of national parliament

Turkmenistan.ru, February 12. 2020:  President Gurbanguly Berdimuhamedov met with members of the Mejlis (parliament) of Turkmenistan.  The meeting was also attended by the government officials, heads of ministries, departments, political parties, public associations and the mass media.  In his keynote speech, the head of state outlined the important tasks related to state building and improving the national legislation that members of parliament should address in 2020 Read more..
US-Russia Related News in Russian
Новости недели
«Через год-два и так хотели, чтобы он возглавил»: Адель Хайруллин принял империю отца
Подробнее на «БИЗНЕС Online»

Business-gazeta.ru, Февраль  11, 2020:  Нового руководителя коллективу «Красного Востока» представил Илшат Хайруллин, призвавший работать лучше - «назло тому, что брат погиб». Всю структуру знает от и до. Работоспособный, понимающий», - так характеризуют 27-летнего Аделя Хайруллина его коллеги по холдингу «Красный Восток Агро». Адель Айратович - отец сыновей-двойняшек, защитник животных и автор трудов по проблемам молочного животноводства. О том, что еще известно о продолжателе дела Айрата Хайруллина и как о наследнике отзывался он сам, - в материале «БИЗНЕС Online». Читать далее...
Подробнее на «БИЗНЕС Online»: https://www.business-gazeta.ru/article/457750
«Яндекс» в третий раз замахнулся на монополию

G azeta.ru , Февраль 13, 2020:   Компания «Яндекс.Такси», крупнейший в России агрегатор такси, в третий раз подала ходатайство о покупке группы компаний «Везет». Об этом сообщает «Коммерсантъ» со ссылкой на пресс-службу компании.  Одобрение сделки  ФАС позволит «Яндекс.Такси» замахнуться на монополию на рынке агрегаторов. В прошлом году его доля приближалась к 50 процентам, «Везет» занимал 20-25 процентов.  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 .