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Past Issue
March, 2013

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

USRCCNE Welcome!
From Josh Wilson, General Editor, USRCCNE

Please join us in welcoming top management from the ENRC to Boston. They will share the challenges their company faced during their transformation into a global Kazakh company now listed on the London Stock Exchange and with operations in the UK, Switzerland, China, Kazakhstan, Russia, Brazil, and six African nations. We'll be at the Downtown Harvard Club in Boston on April 8 at 6pm!

For those with interests in the Health Care Industry, the US Commercial Service is organizing a Healthcare Trade Mission to Russia from June 3-7, 2013. Led by a senior Department of Commerce official, this mission is designed to provide a powerful opportunity to explore Russia’s rapidly expanding healthcare market.

See our newsletter below for more information on Sheremetyevo's innovative new Skype-Kiosks and on Russia's extending global reach with its new platinum cartel and work to create a BRICS bank to rival the IMF. You'll find information on working in Russia and doing your taxes if you have earned money in a country in which you are not a citizen and much more!

This month's newsletter contains several articles about Russia's current economic and political state and prospects for its development. 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.

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

Russian Culture in Boston
Russian culture comes to Boston with Zolotoj Plyos!

Concert: Zolotoj Plyos
(April 6, 2013 - Clinton, MA) Zolotoj Plyos is a Russian folk trio based in Belgium. The members of the award-winning ensemble play more than 30 Russian folk instruments.

The Challenges of Becoming a Global Company. ENRC Case Study: Kazakhstan
(April 8, 2013 - Boston, MA) Founded in Kazakhstan in 1994, ENRC has worked to create a leading diversified natural resources group with integrated mining, processing, energy, logistical and marketing operations. ENRC became one of only two Kazakh companies to list on the London Stock Exchange and grow into a truly global enterprise

Pysanky Ukrainian Egg Decorating Workshop
(April 12, 2013 - Clinton, MA) Just in time for Easter, explore the art, symbolism and joy in creating pysanky. Pysanky are Ukrainian Easter Eggs, decorated using beeswax and dyes that are applied in layers. No experience is necessary.

Stories from Siberia: Storytelling Performance with Bonnie Marshall and Kira Van Deusen
(April 20, 2013 - Clinton, MA) Siberian stories are filled with the adventures of bird and animals, such as the tiger, wolf, and mouse, as well as the adventures of nature spirits. Come take a journey with Kira Van Deusen and Bonnie Marshall into the strange and fascinating, but rarely glimpsed, world of Siberian folklore.

Russian Vodka Gone Global
(April 20, 2013 - Clinton, MA) Lecture: Russian Vodka Gone Global, with Patricia Herlihy, Professor Emerita of History, Brown University, and author of Vodka: A Global History.

Healthcare Trade Mission to Russia
(June 3-7, 2013 - Moscow & St. Petersburg The Commerce Department is now accepting applications for U.S. business participants, and qualified candidates will be selected on a rolling basis until March 15, 2013.


Personal Income Taxes
for International Workers

File your taxes!

USRCCNE and Member News

Moscow Investment Roadshow in Boston
USRCCNE were co-hosts in Boston with USRBC. There were about 25 people present in a round table discussion format.

Personal Income Tax Filing for Foreigners Living in Russia
Filing your personal income taxes in today’s global world can be complicated and time-consuming. Income and assets in multiple countries mean juggling multiple sets of tax legislation and dealing with multiple tax agencies. Alinga Consulting Group, experts in Russian taxation and accounting since 1999, helps expats living in Russia file their personal income taxes. Subscribe to the Alinga Market Update

Chet Bowling Partipates in Showing PrimeGlobal's "Essence"
During the World Conference and PrimeGlobal brand launch in Copenhagen last year, Alinga's Managing Partner, Chet Bowling, participated in making a video that shows the "essence" of the PrimeGlobal brand. The results are now on YouTube! You can watch the video here.

Language Connections Translates for Russian Biotech Company
Language Connections is a full service language provider with experience translating and interpreting across many different industries, including the life sciences. Recently the compnay has been working with a Russian biotech company that develops and tests innovative bio-pharmaceuticals for the Russian market.

Travel News

Intern Abroad
in Russia!


Sheremetyevo Airport to Raze Oldest Terminal in $200M Overhaul
Sheremetyevo Airport's oldest terminal, with its signature flying-saucer-shaped waiting area, will be torn down to make way for a new $200 million facility, according to the airport's chief executive.

Russia and EU Move Toward Simplified Visa Regime
Russia and the EU close in on a solution to the final stumbling block of official passports. Moscow and Brussels now hope that a long-awaited visa agreement between Russia and the EU will be signed before the start of the summer.

Aeroflot to Revive Russia’s Budget Airline Sector
A year after the failure of two low-cost airlines, Russia is preparing for the creation of a new budget carrier. This time around, the industry's flagship, Aeroflot, will nurture the new discount airline.

easyJet Coming Soon to Russia
easyJet, the UK’s largest airline, has today been awarded the rights to fly between London and Moscow by the CAA and will launch flights from Spring 2013.

Skype-Kiosks at Sheremetyevo Railway Terminal Aeroexpress
The benefit of Skype-kiosk is to make free of charge calls to any part of the World. To use the kiosk, just sign in to Skype and make calls in the same way as you would on your PC.

Aeroexpress Trains to Vnukovo to Run More Frequently
Starting from 31 March 2013, the Aeroexpress company is introducing schedule changes for trains running between Moscow’s Kievsky Rail Terminal and the Vnukovo Airport.

Never Too Many Books!
America\'s-other-armyAn inside look on working for America's Foreign Service.
Central Asia enters
the global economy

Job in Russia cover How to Get a Job in Russia: A Practical Guide

Articles - Business and Science

Employment In and Concerning Russia
The School of Russian and Asian Studies has designed this page to help those contemplating seeking employment abroad in Russia understand the opportunities and logistical challenges involved. 

Morgan Stanley Buys Moscow Mall for Estimated $1.2 bln
Morgan Stanley Real Estate Investing announced on Friday the purchase of the large Moscow shopping mall Metropolis located in the northwestern part of the city.

Tips to Multilingual Labeling
Clinical trials are increasingly multinational, involving up to ten study centers and several different countries. As a result, and to meet both local and international GMP regulations, bio- pharmaceutical products often must have multilingual labels. This can be daunting for companies conducting multinational trials or expanding into international markets. Subscribe to the LanguageConnections Newsletter

Big Mac Fights Subway Shrimp in Russia Fast-Food Fracas
More than two decades after McDonald’s Corp.’s outlet on Moscow’s Pushkin Square began offering a golden-arched alternative to grey communist eateries, the fast-food pioneer is on the defensive.

Pepsi and Coca-Cola Lose Ground on Russian Market
While producers chalk the decline up to business optimization, experts link it with the trend of retail chains developing their own labels.

How Russia And The United States Have Fared Since The Great Recession
A few charts showing how the United States and Russia have rebounded since the onset of the great recession.

Global Innovation Rankings: Is Russia 14th, 51st or 85th?
Russia is just one hot spot among many on the new global innovation map. The rise of innovative technologies, companies and even entire high tech industries in emerging countries now appears to be a major and irreversible trend of globalization.

300,000 Self-Employed Russians Quit Over Tax Hikes
Almost 300,000 self-employed Russians have quit business in Russia in the past three months due to social tax hikes, an Economics Ministry official said on Monday.

Experts Shed Light on Russia's Capital Flight
Some $350 billion has fled Russia since the 2008 global crisis. But things aren’t as bad as they seem.

Russia Adopts Texas Drilling to Revive Soviet Oil Fields
In Russia, producers are importing techniques from the U.S. to squeeze billions of dollars of extra oil from Soviet-era fields.

Russia Tax Breaks for Shale, Offshore Oil Seen in Jan, 2014
Reuters reports that Russian tax breaks for shale and offshore oil, to unlock millions of barrels, will come in to force on Jan. 1 2014, a Finance Ministry official said on Monday.

Marchmont’s Focus on Innovation: Nizhny Novgorod physicists and their laser-based “fraudsters’ bane”
We’ll take a closer look today at Nizhny Novgorod State University in Russia’s mid-Volga area and at its innovative team developing a pocket-sized solution to the entrenched problem of document and art masterpiece falsification. Subscribe to Marchmont News Service

Russian Corner: How To Avoid Most Common Mistakes in Commercial Lease Agreements
A commercial property lease agreement is a common tool in civil law. However, it can create problems for anyone who leases out or takes on lease property for office space or manufacturing. A commercial property lease agreement in Russia has unique features, which, if neglected, may void your ability to protect your rights. Subscribe to the Alinga Market Update

Articles - Politics and Culture

Cyprus, Russia, And The Decline In Western Competence
The Russians now understand that the Europeans don’t have the foggiest idea what they’re doing, and this is going to make them even less receptive than they already were to any entreaties about "reform."

Putin Signs Anti-Smoking Law to Curb Cigarette Demand
Effective June 1, the law bans smoking in public ares including workplaces, stairwells of apartment buildings and near schools and hospitals. It also sets minimum prices for cigarettes and allows for higher excise taxes.

BRICS Development Bank May Rival IMF
Together, the five members of BRICS account for 25 percent of global gross domestic product and 40 percent of the world’s population..

Russia Readying Help for Companies With Funds Ensnared in Cyprus
Russia is among the biggest losers of the crisis in Cyprus and may use its development bank to aid companies with funds trapped behind capital controls in place on the cash-strapped island.

Russia and South Africa to Form Platinum Cartel
Russia and South Africa, which together control about 80 percent of the world’s reserves of platinum group metals, plan to create a trading bloc similar to OPEC to control the flow of exports.

Russian Prosecutor Raids NGOs
The Russian authorities on Monday raided the local headquarters of the human rights group Amnesty International, the latest in a continuing series of office searches intended to put pressure on nongovernmental groups.

Putin Taps Pro-Market Economist as Banker
Russian President Vladimir Putin chose Elvira Nabiullina, a respected economist and longtime aide, to head the central bank, making her the first woman in the post.

Just for Fun: Russian Transport
Updated information on public transport in Russia - including links to related language lessons on how to use it. 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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