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Daniel Satinsky Steps Down as USRCCNE President
24 September 2008
Daniel Satinsky Steps Down as USRCCNE President

Daniel Satinsky, USRCCNE President

Daniel Satinsky Steps Down as USRCCNE President
Parting Message from Daniel Statinsky

After ten years as the leader of the U.S.-Russia Chamber of Commerce of New England, Inc., I have returned to being a Board member and the Board has elected Catherine Mannick as our new President.

My term in leadership has been bracketed by the August 1998 Russian currency default and the August 2008 conflict between Georgia and Russia over Southern Ossetia. In the aftermath of the 1998 default, Russia has managed an astounding economic revival and societal renewal, assisted by high world commodity prices and characterized by growing middle class demand in the domestic market. On the political level, the kind of partnership between the U.S. and Russia that many of us hoped for has not come to pass and as a result of the events of this August Russia and the U.S. are at the worst point in their relationship since the demise of the Soviet Union. The Russian political leadership has stated that they have no intention of going back to the isolation of the Cold War years and remain committed to the integration of Russia in world markets. Just as it was difficult in August 1998 to foresee what was to come, it is too soon to evaluate the effect of August 2008. My personal hope is that the efforts of organizations like ours in building business ties and fostering citizen diplomacy can contribute to maintaining and re-building ties between our countries.

Over the past ten years, we have made a contribution to building these ties by focusing on areas of practical business in the areas of high technology, software development and finance. We have worked hard to develop working partnerships with other organizations, like the Massachusetts Technology Leadership Council, RUSSOFT, the Russian Venture Capital Association and the U.S.-Russia Business Council, that have highlighted business opportunities for our members and for the broader business community in New England. We have developed working relationships with state economic development agencies and leading politicians, particularly in Massachusetts. Over the past two years, we have developed our monthly newsletter as an authoritative and informative tool for sharing experience and opportunities. In short, we have established the Chamber as a platform and as a vehicle for a relatively small number of people, operating as volunteers to influence and inform the broader business community in New England.

As the new leadership of the Chamber takes over, I am confident that the Chamber will continue to grow on the base that we have constructed over the past ten years and will follow new directions that correspond to the evolving nature of the U.S.-Russia business relationship. I look forward to supporting that development and evolution as an active Board member and as President Emeritus.

My congratulations to the new leadership of the Board as elected at our September 2 Board Meeting: Catherine Mannick, President; Richard Golob, Vice-President; Mark Stein, Clerk and Renee Stillings, Treasurer.



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