The USRCCNE Monthly Newsletter For those with interests bridging the US and Russia...   Welcome! From Catherine Mannick, USRCCNE Vice President Welcome to the April 2007 issue of the USRCCNE Monthly Newsletter. For those of you whom I've not met yet, I'd like to take this opportunity to introduce myself. I am Vice President of the US Russia Chamber of Commerce of New England, and my company, Cole Management, a manager of venture capital investments in Russia, has been a Chamber Member since 2003.   2003 was also the year in which our Chamber organized its first annual Financial Markets Conference. This has become a flagship event for the Chamber, and I would encourage all of you to attend our Fifth Annual Financial Markets Conference on May 3, 2007. This year's program will feature, among others: Jon Edwards, Senior Manager CEE & CIS, London Stock Exchange; Stephen Polakoff, General Counsel, Integra Management; John Connor, Chairman and CEO, Third Millennium Fund; and Mark Banovich and John Huhs, both of LeBoeuf, Lamb, Greene & MacRae, LLP, a Chamber member and corporate sponsor of this event since its inception. Program details and registration information are available here. We look forward to seeing you there! News Briefs BISNIS Search for Partners is looking for technology companies! Opportunities await... Win a Trip for Two to St. Petersburg! Purchase raffle tickets online, or by contacting United Nations Association of Greater Boston at 617-482-4587. Drawing will be held at the Consuls Ball, April 27, 2007. SRAS Launches New Travel Services. The discount FSU-specific services are focused on students and professors, but available to all. This resource is expected to grow quickly! EMC Invests 100 Mil USD in Russia. The software and information giant will build a state-of-the-art R&D center in St. Petersburg and make other investments. C-News is a new news source providing regular high quality news about the Russian IT industry. Harvard to Sell Bells Back to Russia. The industrialist Charles R. Crane of Chicago bought the bells from the Soviet government in 1930. Upcoming Events New! Washington DC, March 22 - April 11 - BISNIS Investment Opportunities. Information on Russian chemicals as well as financing and investment in Central Asia. New! Boston, April 13th - Investment Opportunities in Russia's Regions. A breakfast seminar with Kendrick White, Managing Principal of Marchmont Capital Partners (MCP), Nizhny Novgorod, Russia, and the author of MCP’s Investment Guide to Russia. New York City, April 18-19 - The Financial Services Volunteer Corps, the Association of Russia's Regional Banks and the bank rating agency RusRating are delighted to invite you to the fourth annual Conference on Banking and Investment Opportunities in Russia and the CIS. The conference will include an expansive overview of new opportunities available, and which are now a hotbed for investors with an interest in diversifying holdings. Updated! Boston, May 3 (USRCCNE Event) - The Fifth Annual Financial Markets Conference will feature speakers from the London Stock Exchange, Integra Management, as well as legal and investment firms focused on Russia! Register now! Washington, DC, May 14-15 - The 2007 World Russia Forum promises to advance new proposals for expanding investments in health care, technology, natural resources, banking, housing, and more. A new conference "Invest in Russia" will take place within the framework of this event. USRCCNE member Leo Galperin and his team at Language Connections will be providing interpreting at this event. New! Moscow, Russia, June 4-5 - EMPEC 2007 will provide unique insights and opportunities with respect to real estate, private equity and venture capital investments in the emerging markets. St. Petersburg, Russia, June 20-22 - Annual Software Outsourcing Forum aims to provide buyers of technology services from around the world with a better understanding of their sourcing options in Russia and Eastern Europe and ensure a higher return on their outsourcing investment. Featured Articles: Russian-Sized Opportunities Oilfield Services and Equipment Opportunities in Russia  While the market is far from transparent and not easily accessible, the potential for business is staggering... Life after Debt - Russia's New Millennium Since the beginning of the Putin era, the kind reader will have been repeatedly warned of Russia's impending collapse. Hair-raising stories in the financial press told of dysfunctional government, criminal oligarchs, industrial decline, corruption and chaos. Yet oddly enough, since 1998 Russia can boast the world's best-performing equity market... Why? Russia's Growing Markets From consumer goods to airlines to technology - Russia is growing. This news review will give you an view of just to what extent the economy of the world's largest country is expanding. Global Technology Symposium a Global Success The Global Technology Symposium at Stanford was recently held in Palo Alto, CA. Originally launched a few years ago as the US-Russia Technology Symposium, it went global this year, addressing broader issues of innovation worldwide. Because of its history as a Russia-related event, the non-US participants were mainly Russian and Ukrainian. This, in our opinion, is a good thing. Russians have often been "late to the table" in the global technology market and by having an early foothold in this Silicon Valley event, it ensures that Russia will remain strongly represented on all of the panels even as representatives of other technology centers worldwide flock to this increasingly popular event. More Articles of Interest Legislative Alert - Iran Could Affect WTO Ascension for Russia Specificly the bill would prevent... the WTO accession of "any country that is determined by the Secretary of State to be engaged in nuclear cooperation with Iran..." Focus on the Russian Budget Russia moves from stabilization to long-term development as the budget process is revised. US-Russia Relations, 200 Years Later A brief news review on the celebrations surrounding the anniversary and the issues currently at play in these relations. Russian Icons in Detail Russian heritage is now at a museum near you! The Museum of Russian Icons was founded in Clinton, MA., in 2006 and displays over 200 icons. It is the only museum dedicated exclusively to Russian Orthodox icons outside of Russia. Russian Corner: Developing an Internal Accounting Policy for Your Russian Business Your internal accounting policy is an instrument for increasing the efficiency of company resources. This policy allows you to regulate many of the processes of your business, to take advantage of the rights granted to business by the RF and, as a result, to save time, energy, and money. Just for Fun: Literary History on The Trans-Siberian Sarah Kapp hops on board the Trans-Siberian and comes back with a broader understanding of Russian literature.

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