March 2021 | ISSUE No. 315 | USRCC Business Newsletter
USRCC Upcoming Events
Join the USRCC’s HR Panel and learn from experienced HR professionals about how working and hiring processes changed during the COVID-19 pandemic:
  • what are the best suggestions for online interviews?
  • what skills are critical to learn to adapt to the new “work from home” reality?
  • has the role of learning new areas and improving skills become more important during the COVID-19 pandemic?
  • how are companies keeping employees motivated, engaged and connected with each other with social distancing?

These and other related topics will be discussed during this event.
Thursday, March 25th, 2021
8:00 am– 9:30 am CST (Houston) | 16:00 – 17:30 (Moscow)
USRCC Members - free | Non-Members - $10

Registration deadline: COB Wednesday, March 24th, 2021.
Refunds will not be issued after March 23rd, 2021.
Webinar details will be provided upon registration.

Leana Garipova

Corporate Associate,
Akin Gump Strauss Hauer & Feld LLP;
Young Professionals Committee Vice-Chair,
U.S.-Russia Chamber of Commerce

To read the full bio click here
Renee Winter

Geo-Market HR Manager 
for Arctic, North America Offshore & Europe, Africa, and Caspian, 
Parker Drilling Company

To read the full bio 
click here
Meike Boekelmann

Head HR Chemtech 
& Group HR APAC, 
Head HR Information Systems, 
Human Resources, 
Sulzer Chemtech Ltd

To read the full bio 
click here
Kristin Valicevic

Senior Director – 
HR Business Partner, Halliburton

To read the full bio 
click here
Sharon Barclay

Chief HR Officer,
Magseis Fairfield ASA

To read the full bio 
click here
Yasushi Kokaze

Chief HR Officer, 
Chief Compliance Officer, 
Mitsui & Co. Europe PLC

To read the full bio 
click here
Ryan M. Lowry

Upstream Oil & Gas (UOG), 
Business Human Resources Manager,

To read the full bio 
click here
USRCC Standardization Conference is a specialized technical conference that addresses common issues and challenges of standardization, certification and conformity assessment. 

USRCC in partnership with the Russian Union of Industrialists and Entrepreneurs (RSPP) and its Committee for Technical Regulation, Standardization and Compliance Standard, Rosstandart, American Society for Testing and Materials (ASTM International), American Society of Civil Engineers (ASCE), and the American Petroleum Institute (API) invites you to attend the 3rd Standardization Conference to discuss rules for obtaining licensed translations, standards development system, products certification rules, work in technical committees of U.S.A. standardizing bodies, and other related questions.

This Conference will provide attendees with a better understanding of the differences between the U.S.A. and Russian standardization systems, standards development processes and standards committees.
Tuesday, March 30th, 2021
9:00 am– 11:30 am CST (Houston) | 17:00 – 19:30 (Moscow)
Cost: complimentary
Simultaneous translation into Russian language is included.

Registration deadline: COB Monday, March 29th, 2021.
Webinar details will be provided upon registration.
Andrey N. Lotsmanov

First Deputy Chairman,
Russian Union of Industrialists and Entrepreneurs, Committee for Technical Regulation, Standardization and Compliance Assessment

To read the full bio click here
Andrew A. Pidgirsky

Lewis Brisbois Bisgaard & Smith LLP 

To read the full bio click here
Alexa S. Burr

Vice President, 
Segment Standards & Services, 
Global Industry Services, 

To read the full bio click here
Christopher Mahler

Derivative Programs, 
Conformity Assessment, 

To read the full bio click here
Jim Rossberg

Managing Director, 
Engineering Programs, 

To read the full bio click here
Anton P. Shalaev

Federal Agency for Technical Regulation and Metrology,

To read the full bio click here
Sergey G. Muzychenko

Federal Autonomous Organization "Federal Center for Regulation, Standardization and Technical Assessment of Conformity in Construction" (FAA "FCS")

To read the full bio click here
Vyacheslav A. Burmistrov

State Policy Department 
in the Field of Technical Regulation, Standardization 
and Ensuring 
the Uniformity of Measurements 
of the Ministry of Industry 
and Trade of Russia
Tricia Hock

Certification Operations,
Safety Equipment Institute
To read the full bio click here
Stephen F. Mawn

Technical Committee Operations,
ASTM International,

To read the full bio click here
Pat A. Picariello, J.D., CStd, FSES

Developmental Operations,
ASTM International

To read the full bio click here
Mary Mikolajewski

Technical Committee Operations, 
ASTM International

To read the full bio click here

Informational Partner
The 11 Annual Welcome Reception Honoring Delegations 
from Russia, Kazakhstan and Azerbaijan 
at the Offshore Technology Conference (OTC 2021)
The USRCC's OTC Reception is attended by more than 300 international business professionals, including, leading experts from oil and gas/energy industry, investors, suppliers, and government officials.

The USRCC’s OTC Reception provides energy professionals the opportunity to meet and exchange ideas and opinions to advance scientific and technical knowledge for offshore resources and environmental matters.

Tuesday, August 17, 2021 6:00 pm – 9:00 pm CST

Hotel ZAZA | Fountain Room 
5701 Main Street, Houston, TX 77005
USRCC Members - $50 | Non-members - $100

"Pay at the Door" Option will be available at: 
USRCC Members - $55 | Non-Members - $110

Registration deadline: COB Monday, August 16, 2021
Refunds will not be issued after August 13, 2021
2900 Wilcrest Drive, Suite 133, Houston, TX 77042
P: (713) 429-4680
USRCC Membership
Are you taking advantage
of your USRCC Member Benefits?

The U.S.-Russia Chamber of Commerce provides a variety of Membership options to fit your business needs and goals. Renew your membership or join for the first time today!

For more information click here.
Member's News
Gazprom and Shell Expanding Cooperation, March 16, 2020: Today, Gazprom and Shell signed an Agreement of Strategic Cooperation for a five-year period. The signing ceremony was held via a video link in the presence of Alexey Miller, Chairman of the Gazprom Management Committee, and Ben van Beurden, Chief Executive Officer of Royal Dutch Shell. The newly signed document expands the interaction between the two companies. Particular attention will be given to such areas as research of energy markets, implementation of projects along the entire value chain, cooperation in digitalization of technologies, and reduction of greenhouse gas emissions. Read more...
Lukoil Increases Production at Imilorskoye Field in West Siberia, March 17, 2021: LUKOIL's cumulative oil output at the Imilorskoye field in the Khanty-Mansi Autonomous District has exceeded five million tonnes since the start of its pilot commercial operation in 2014. In 2020, the field's production increased by over 20%, when compared to the 2019 results. Read more...
USRCC Announcement
The USRCC Member is seeking
business representative in Russia

Here are the key requirements:

  • The company / individual should have the industry contacts in dealing with Sulphur plants, CO2 capture and/or academics;
  • The representative should have a working knowledge of the amine industry;
  • The representative should have the understanding of how business works in the Russian region;
  • The company / individual could have represented tray vendors, solvent suppliers, other software, or Engineering, Procurement and Construction company.

For more details please contact:
Please indicate in subject line "Russian Representative"

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 center 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 
or contact us directly at  
call 713.429.4680
USRCC - IRS Informational Collaboration
Tax Day for Individuals Extended to May 17: Treasury, IRS Extend Filing and Payment Deadline

The official IRS News Release is available here.

The Texas extended deadline remains the same - Victims of winter storms that began February 11, 2021 now have until June 15, 2021, to file various individual and business tax returns and make tax payments. 
This Week in Review
Russia to Slash Green Energy Funding by 22% – Kommersant, March 18, 2021: Russia plans to cut state funding for the green energy sector by nearly a quarter, or 22%, the Kommersant business daily reported Thursday. The government’s budget for its 2025-2035 renewables program will be cut from 400 billion rubles ($5.4 billion) to 313 billion rubles ($4.3 billion), unnamed sources told Kommersant, citing a March 11 meeting between Deputy Prime Ministers Alexander Novak and Yury Borisov. Read more...
Report: US Authorities in Tough Place over N Stream-2 Sanctions, March 15, 2021: The administration of U.S. President Joe Biden is still working on new sanctions for Russia’s Nord Stream-2 natural gas pipeline, but is now in a tough spot, because it simultaneously wants to improve relations with Germany that supports the pipeline, Politico newswire reported on March 13 quoting unnamed officials. Read more...
Russian Industrial Production Fell Heavily by 3.7% y/y in February on Leap Year Effect, March 17, 2021: Russia’s industrial production fell heavily by 3.7% year on year in February on account of the leap year affect, down from a 1.9% contraction the month before, Rosstat reported on March 16. “This is significantly worse than in January (-1.9%). However, the headline number should not disappoint, as y/y comparisons are affected by the leap year: in February 2020, there was one extra day,” BCS Global Markets said in a note. Read more...
US Authorities to Broaden Export Restrictions Against Russia, March 17, 021: The US administration will extend export restrictions against Russia, the US Department of Commerce says on Wednesday. A ‘presumption of denial’ will be effective since March 18 for export and reexport of items controlled for security reasons, according to the statement. At the same time, certain exceptions will be provided, in particular, for export of products related to civil aviation and government space cooperation. Read more...
Russia Lifts Interest Rates amid Rising Inflation, Geopolitical Risks, March 19, 2021: Russia’s central bank raised its key interest rate to 4.5% on Friday, embarking on a monetary tightening cycle triggered by a weaker rouble that pushed inflation higher and geopolitical risks that stirred market turmoil. Russia raised its key rate by 25 basis points, the first change since it cut the rate in July 2020 to a record low of 4.25% as the economy was rocked by the plunge in crude prices, the country’s main export. The coronavirus pandemic has buffeted the economy, which is on track to rebound this year. Read more...
Financing of Russian Space Research Program should be Kept at 15bln-16bln Rubles a Year - Roscosmos Head, March 17, 2021: The implementation of Russia's space research programs requires 15 billion-16 billion rubles a year, Roscosmos head Dmitry Rogozin said. "A report underscoring the need to maintain certain amounts of financing for fundamental science has been forwarded to the president," Rogozin told reporters. Read more...
Houston-Tyumen Sister Cities
Tyumen is Turning into an Agglomeration: Tyumensky District and Yalutorovsk have Already Felt it, March 15, 2021: An expert marathon on the creation of agglomerations in Russia is being held in Tyumen. The Tyumen agglomeration includes the regional capital and the Tyumen region, as well as Yalutorovsk, said Alexander Moor. On March 15, officials and experts spoke about how the Tyumen agglomeration will develop, what laws are needed for this, during the discussions of the Union of Russian Cities. Read more...
CIS Business News
SMEs with Start-up Certificate in Azerbaijan to be Exempted from Income Taxes - Minister, March 12, 2021: Small and medium-sized business enterprises (SMEs) with start-up certificates in Azerbaijan will be exempted from paying taxes on income and profit from innovation activities for 3 years, the country’s Minister of Economy Mikayil Jabbarov wrote in his Twitter page, Trend reports on Mar.17. Read more...
Kazakhstan and Tajikistan Debate Sales Increase Issues, March 15, 2021: Vice Minister of Trade and Integration of Kazakhstan Kairat Torebayev and Deputy Minister of Economic Development and Trade of Tajikistan Abdurakhmon Abdurakhmonzoda co-chaired the 3rd meeting of the working group for increase of sales turnover and range of items supplied, the Kazakh Ministry’s press service reports. Those attending discussed the current state of trade and economic cooperation between the nations, measures to boost commodity turnover, the progress of implementation of the roadmap for mutual growth of sales and the range of goods delivered by the states, signed on April 9, 2019 in Nur-Sultan. Read more...
Belarus' Agricultural Export to Azerbaijan up 10.7% in 2020, March 17, 2021: Belarus' export of agricultural products to Azerbaijan in 2020 increased by 10.7%, BelTA learned from the press service of the Belarusian Agriculture and Food Ministry following an online meeting between Belarusian Agriculture and Food Minister Ivan Krupko and Chairman of Azerbaijan's Food Safety Agency Goshgar Tahmazli. Read more...
US-Russia Related News in Russian
◾ Новости недели
Набиуллина Прогнозирует Возвращение Экономики России к Докризисным Значениям до Конца Года, Март 19, 2021: Глава Банка России ожидает, что российская экономика вернется на докризисный уровень до конца года. При этом прогноз ЦБ по росту ВВП будет уточнен в апреле. Об этом сообщила на пресс-конференции руководитель ЦБ РФ Эльвира Набиуллина. Также глава ЦБ отметила, регулятор в апреле уточнит все параметры макропрогноза, в том числе по инфляции. Читать далее...
СМИ Узнали о Проекте «Цифрового Резидентства» для Иностранных ИТ-компаний, Март 18, 2021: Правительство планирует до конца года создать в России систему «цифрового резидентства» для иностранных компаний и бизнеса из ИТ-сферы, сообщил «Коммерсантъ» со ссылкой на план поддержки ИТ-отрасли, который находится на согласовании в аппарате вице-премьера Дмитрия Чернышенко. Читать далее...
"Аэрофлот" Ждет Восстановления Международных Перевозок не Ранее 2024 Года, Март 17, 2021: "Аэрофлот" ожидает восстановления международных перевозок до уровня 2019 года не раньше 2024 года, заявил гендиректор авиакомпании Михаил Полубояринов. "Российский внутренний рынок мы ожидаем полноценного восстановления уже в 2022 году. Доходные ставки, наверное, подойдут к уровню 2019 года только в 2023 году. Что касается международного рынка, то наш прогноз, который был сделан в конце прошлого года, не совсем, наверное, оправдывается..." Читать далее...
"Татнефть" Изменит Стратегию с Учетом Декарбонизации и Альтернативной Энергетики, Март 19, 2020: "Татнефть" в сентябре актуализирует стратегию с учетом декарбонизации, альтернативной энергетики, определит новые точки роста компании, заявил глава компании Наиль Маганов на ежегодной конференции трудового коллектива. Маганов также сообщил, что компания к 2030 году планирует удвоить розничные продажи топлива за счет качественных преобразований и увеличения количества заправок. Читать далее...
Глава ТМК Игорь Корытько Стал Также Гендиректором Группы ЧТПЗ, Март 16, 2021: Действующий глава Трубной металлургической компании (ТМК) Игорь Корытько назначен генеральным директором группы Челябинского трубопрокатного завода (ЧТПЗ). Ранее эту должность занимал Борис Коваленков. Господин Корытько будет совмещать должности генерального директора ТМК и ЧТПЗ. Читать далее...
 USRCC Executive Partners 
U.S.-Russia Chamber of Commerce
2900 Wilcrest Drive
Suite 133
Houston, TX 77042

The U.S.-Russia Chamber of Commerce (USRCC) is a 501(c)(6) not 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 Russian 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.

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