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Past Issue
July, 2011

The USRCCNE Monthly Newsletter
For those with interests bridging the US and Russia


USRCCNE Welcome!
From Josh Wilson, General Editor, USRCCNE

There are very promising changes emerging in Russia's visa regime with the US and EU. The EU is set to get 5-year professional visas, while the US will get tourist and business visas good for three years and which don't require an invitation. Depending on how these are implemented, this could simplify life for many investing in Russia and boost Russian tourism. Of course, the details are still being worked out – and one detail, a new online visa application, is actually causing major problems and many canceled trips. However, we are hopeful that the end result will be overall very positive.

Don't Miss This Month!

As always, this newsletter is dependent on you. If you have an announcement or a news item to be included in our newsletter, or if you would like to subscribe to this free publication, please contact us.


Upcoming Events

Impressionist Painters
(Through August 14, 2011 - Cambridge, MA) Beginning and advanced art collectors and investors are encouraged to view the artwork of one of the best en plein air painters in New England, Member of Boston Center for the Arts, Alex Korman, and Honored Artist of Russia from St. Petersburg, Vladimir Tabanin at the From Russia With Art Gallery.


Walking Tour image
Join The Museum of Russian Icons for a Russian culinary tour of Brighton and Brookline! 
Spotlight Gallery Talk
(July 21, 28; August 4, 11, 14 - Boston, MA) The Museum of Russian Icon’s volunteer docents lead free evening gallery talks for nine summer Thursdays, each focusing on a different aspect of the Museum’s collection. Pre-registration is not required; just drop in.

Culinary Walking Tour of Brighton and Brookline
(August 20, 2011 - Boston, MA) Where can you find the best Russian borsch, pirozhki, and caviar? What is the Russian way to drink tea and vodka? Discover the answers at our 3-hour culinary adventure while tasting delicious authentic Russian specialties. Learn how to make traditional Russian dishes and find out the unique Russian ingredients that can spark up your every-day meals.

A Cultural Tour of Russia!
(August 6-14, 2011 - Russia) This nine-day cultural travel package is unlike any tourism you've ever tried. Eat a home-cooked meal with Russians in their home. Create traditional painted porcelain under a Russian master. Sit in banyas and celebrate life with Russians who will show you how to sing, make toasts, relax, and laugh.

USRCCNE and Member News

CRDF Cooperates with Ministry of Education and Science
CRDF Global President and CEO Cathy Campbell and Andrey A. Fursenko, Minister of Education and Science of the Russian Federation, signed a Memorandum of Understanding (MOU) on June 22, 2011 to cooperate in science, technology and education.

Entrepreneur Profile: Aleksey Sukhochev, Ph.D.
Dr. Aleksey Sukhochev -- the director of the Technology Commercialization Center, Voronezh State University, Russia -- describes his experience in a travel grant program sponsored by the Basic Research and Higher Education (BRHE) Innovation program.

Joint Research Competition Results
CRDF Global and Russian Foundation for Basic Research (RFBR) agreed on the selection of six finalists from the 2010 CRDF Global - RFBR V Energy Grant Competition.  The competition was designed to support high quality, collaborative energy research in Russia.

Perm Delegation to Boston
Russia Innovation Collaborative, LLC hosted a delegation of government officials and tech companies in Boston from June 22 to 24.

Alinga: What's New in Russian Accounting
Key presentations of Alinga's latest seminar are now available for free online!

Travel News! 


Study Abroad in Russia
SRAS specializes in innovative study abroad programs to Russia, Ukraine, and Kyrgyzstan.

If you have an ad to submit to this space, contact us! Free for members!

5-Year Russian Visas Planned for European Professionals
A new visa agreement between Russia and Europe’s Schengen zone could significantly reduce red tape and travel restrictions by next year — but only for professionals, not tourists, a European diplomat said.

Beyrle: Visas Bigger Deal Than Arms Pact
U.S. Ambassador John Beyrle said Monday that the New START nuclear arms reduction treaty was important but the real highlight of a "reset" in U.S.-Russian ties would come next week with the signing of agreements on liberalized visa rules and child adoptions. The two countries' top diplomats, Hillary Clinton and Sergei Lavrov, are to sign a deal granting three-year multiple-entry visas and eliminating the need to secure visa invitations during July 12-14 talks in Washington.

Bid to Ease Visa Rules Creates a New Hassle
While U.S. and Russian diplomats promised this week to ease visa rules, travelers on the ground have found that attempts to improve the process have resulted in new headaches.

Russia Moves to Ground Soviet-Era Liners
The twin-engine Tu-134, along with its larger sibling the Tu-154, has been the workhorse of Soviet and Russian civil aviation since the 1960s with more than 800 planes built.

Express Route Opened Through TSA
Global Entry is a U.S. Customs and Border Protection (CBP) program that allows expedited clearance for pre-approved, low-risk travelers upon arrival in the United States. Though intended for frequent international travelers, there is no minimum number of trips necessary to qualify for the program. Participants may enter the United States by using automated kiosks located at select airports.

New Rail Links for Russian Airports
Aeroexpress and Russian Railways have announced an $8.68 billion plan to construct rail links to the airports of Krasnodar, Sochi, Yaroslavl, Kazan, Samara, Volgograd, and Kaliningrad as well as expand service in Moscow.

Aeroexpress Tickets Available via Mobile Phone
Aeroexpress and OAO Mobile TeleSystems (MTS) have introduced the option of paying for electronic train tickets via mobile phone.

 Articles & Resources

Q&A with A. Kudrin
Russia's Finance Minister speaks out on investment and international education.

Medvedev's Economic Speech
The President gave an assessment of the current state of Russia’s economy and outlined the main modernisation priorities. Investors raved about it.

Lessons of Bank Deposit Insurance Reform
Russia’s bank deposit insurance program demonstrates that, contrary to widespread belief, the federal government is capable of effective financial industry regulation. This mandatory program, instituted in 2004, may in its broad outline prefigure how investment industry regulation will unfold in Russia, possibly in the not-too-distant future. This article considers the thorny issue of Russian investment regulation particularly in relation to the bank deposit insurance reform (PDF).

Language Link: The Decline of the Russian Language in Georgia
Before 1991, Russian was the prevalent language in Georgia, both spoken colloquially and taught in public schools. However, as the nation replaced the school curriculums with English instead of Russian, Russian language courses became offered only as elective studies. As there were many minorities in Georgia who spoke only Russian, this language infraction put them very much at risk.  Subscribe to Language Connection's Newsletter

Regional News: RF Passes Legislation to Support Innovation
On July 6, 2011, the State Duma of the Russian Federation, the federal legislative chamber, passed the bill N508184-5 “On amending the Federal Law “On science and state science and technology policy” in part of provision of state support of innovation activity and assessment of its activity. Subscribe to Marchmont News Service  

Russian Corner: Internal Accounting Policy
As a legal instrument, accounting policy is necessary to make an informed decision from a number of options established by law. The correct decision will allow you to regulate many processes of your business, increase the effectiveness of the company’s resources, avoid easily-preventable mistakes, and it will make your accounting report more transparent and your business more attractive for investors. Subscribe to the Alinga Market Update

Just for Fun: Tarkhun!
History, recipes, and some great videos all about the refreshing Georgian soda made from tarragon! Subscribe to the SRAS newsletter 



Joining the USRCCNE is Easy!

Members of the USRCCNE become a part of a vibrant network of individuals and firms dedicated to furthering business opportunities between the U.S. and Russia. We work with business organizations in the US, (specializing in the New England region) and in Russia to bring exposure to the USRCCNE, and ultimately, to our members. Join today!

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