Subject: [Event:] The Future of US-Russian Business Relations
Date: Fri, 5 Oct 2007
From: "Ariel Cohen" <Ariel.Cohen@heritage.org>
The Heritage Foundation and the American Chamber of Commerce in Moscow Cordially Invite You to a Conference The Future of U.S.-Russian Business Relations
Featuring
Andrew B. Somers
President of the American Chamber of Commerce in Russia and Conference,
Co-Chairman
Patricia Cloherty
Chairman and CEO, Delta Private Equity Partners LLC; Manager, U.S. Russia
Investment Fund and Delta Russia Fund LP
Mike Kennedy
Senior Vice President, Motorola, Inc.
Charles Ryan
CEO, Deutsche Bank, Russia
Mary Warlick
Senior Director Russia, National Security Council
Andrew C. Kuchins
Director and Senior Fellow, Russia and Eurasia Program, Center for Strategic and
International Studies
Amb. James F. Collins
Senior Associate and Director, Russian and Eurasian Program, The Carnegie
Endowment for International Peace
Donald Jensen
Director of Communications, Radio Free Europe/Radio Liberty
Hosted by
Ariel Cohen, Ph.D.
Senior Research Fellow, Russian and Eurasian Studies and International Energy
Security,The Heritage Foundation
Since 2000, Russia has become a true magnet for foreign investment. Russia was the best performing emerging market in 2000-2006. In 2006, foreign investment in Russia comprised over $40 billion, while in the first seven months of 2007, it reached $70 billion. Since 2001, U.S.-Russian bilateral trade has more than doubled to $24.5 billion. The trade volume is still relatively low considering the size of the two economies. While the growing Russian economy presents enormous trade and investment opportunities for U.S. business, it will also be important for the Russian government to establish more transparent rules for foreign and domestic business players, ensure a level playing field, and apply the rule of law equitably. The sometimes blurred dividing lines between politics and business are disturbing for Western businesses, as is the Kremlin's tendency toward limiting foreign equity stakes beyond the "strategic" natural resources sector. Participants will also discuss bilateral policy issues such as intellectual property rights, the still intact Jackson-Vanik amendment, and Russia's accession to WTO.
Tuesday, October 16, 2007 - 1:30 to 4:00 p.m.
The Heritage Foundation's Allison Auditorium
Refreshments Provided
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[www.]heritage.org/Press/Events/ or call (202) 675-1752
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