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Past Issue
January, 2014

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

USRCCNE Welcome!
From Josh Wilson, General Editor, USRCCNE

Welcome to a brand new year! Thanks to everyone who came to our annual Holiday Dinner and made it another great success. It was wonderful to touch base with those that we haven't seen in a while and to meet some new people over great Russian food and drinks.

Those traveling between now and the end of the Olympics should be warned that SVO and VKO airports in Moscow have banned all liquids from flights with exceptions made only for those that are medically necessary for the duration of the flight. 

Join our members this month for seminars and trainings and check out the full newsletter for lots of information on Russian culture and business. This includes articles from our members on the Volgograd bombings, on Russian branding, and on Russian tax violation liabilities. You'll also find many other articles on Russian economic sectors and Russian culture.

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

Concert "Favorite Music of the Romanov Dynasty"
(February 1, 2014 - Clinton, MA) On the occasion of the 400th anniversary of the Russian Empire Family, clarinetist Georges Devdariani and soprano Maria Lyudko return to the Museum to present a concert that includes ancient Russian Church chants; Peter the Great’s and Catherine the Great’s chants; romances by Glinka, Rimsky-Korsakoff, Tchaikovsky, and Rachmaninoff, and music by Italian and French composers.

Pysanky Ukrainian Egg Decorating Workshop
(March 21, 22, 2014 - 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; all materials will be provided.

2014 Global Technology Symposium
(March 24-26, 2014 - San Mateo, CA) The Global Technology Symposium is proud to announce the 11th annual installment of Silicon Valley’s leading investment conference, covering venture capital, technology, and entrepreneurship in emerging markets.


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USRCCNE and Member News

Summer Business Seminar in St. Petersburg from SRAS
International Business: Russia's Consumer Markets invites everyone who would like to experience what truly goes into launching a new business in international markets to experience St. Petersburg's economic boom. Students will acquire additional take in the culture and history of Saint Petersburg and surrounding area - an essential first step to developing a successful business, effective management styles, and resonant marketing.

Alinga Hosted Seminar "Changes in Russian Legislation in 2013"
On November 27, 2013, Alinga Consulting organized a workshop to discuss changes in Russian legislation affecting businesses in 2013. The seminar addressed such issues as working with cost+ contracts, transfer pricing, changes in civil legislation, and issues involved with appealing the decisions of the Tax Authorities.

Alinga Sponsors AmCham Tax Seminar 2013
Alinga is proud to have been a supporting sponsor of AmCham's annual tax conference. Alexander Kulikov, Head of Audit, Alinga Consulting Group additionally presented at the conference on "Unjustified tax benefit: Criteria, implications & recent updates." More about the conference can be found here.

Winter 2014 English and Professional Skills Trainings in Russia
CRDF Global will provide professional skills and English language training to science students at the St. Petersburg State University and Northern Arctic Federal University (NArFU) in Russia.


Travel and Transport

SVO, VKO Ban All Liquids on Flights Ahead of Olympics
Two of Moscow’s major airports have banned passengers from taking any form of liquid in their hand luggage as Russia ramps up security ahead of the Winter Olympics in Sochi next month.

Traders Engage in Turf War for Russian Grain Terminals
International trade houses are buying into Russian grain port facilities to try to counter high handling costs from one of the world's top producers of cereals, making smaller players fear they will lose out.

Never Too Many Books!

Eurasian Economic Integration Eurasian Economic Integration: Law, Policy and Politics

Russia Law Firms 2013 Russia - Guide to Law Firms 2013 (The Legal 500 EMEA 2013)

Russia Agro-Food Sector Russia's Agro-Food Sector: Towards Truly Functioning Markets


Intern Abroad
in Russia!


Why the Terrorists Chose Volgograd
The terrorists led by Umarov have very likely focused on Volgograd for years in developing infrasturcture and contacts. The city is highly strategic to accessing the North Caucasus, which the terrorists want to be independent.

How Putin Conquered South Africa
In the global war for energy supremacy, Russia has won another victory over the United States.

Securing Sochi: Russia's Elite Counter-Terrorism Fighters
As Russia reels from last week's terror attack in Volgograd, President Putin is going to great lengths to make sure the Winter Olympics in Sochi remain secure. The elite Spetsnaz fighters are charged with holding off Islamist separatists from the volatile Caucasus.

Ruble Strengthens as Russia Readies for Olympics Amid Oil Gain
The ruble strengthened after the resumption of trading in Moscow as oil gained and investors bet next month’s Winter Olympics will support Russia’s currency.

China and Russia Close to a Game-changing Gas Deal
With an alternative market in the East, Russia might be less inclined to belligerent tactics against its European clientele.

Russia to Triple Uranium Production in Next 2 Years ­ Rosatom
Russia will nearly triple its production of natural uranium in the next two years, the head of the country’s state-run nuclear corporation Rosatom said Thursday.

Russia's Internet Growth Seen To Outpace Its Economy
Russia is making headlines, both good and bad, as the world looks toward the Feb. 7 start of the Winter Olympics in Sochi. Its weakening economic performance in December, however, is raising questions on the outlook for Russia-related stocks.

1M Foreigners Could Be Working Illegally in Moscow
About a million foreigners could be working illegally in the Russian capital, a top Moscow migration official suggested Thursday.

Bank of Russia - 2014 Outlook
The coming year will be crucial for the Bank of Russia and its chairwoman Elvira Nabiullina.

Report: Russian Implementation of WTO Agreement
The Report reviews the specific commitments Russia undertook as part of its accession to the WTO and its implementation of these commitments.  The Report states that while Russia has taken many important steps to implement all of its WTO commitments in most areas, there are areas where more progress is needed.

Language Connections
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Top 10 events that Shook the Russian Economy in 2013
Despite lackluster growth, 2013 was full of big deals and surprises for Russia.

Exxon Russia Ambitions Show Oil Trumps Obama-Putin Spats
As Barack Obama and Vladimir Putin argue over human rights in Russia and the fate of fugitive U.S. intelligence analyst Edward Snowden, the countries’ biggest oil companies are preparing to drill for giant discoveries together in the Arctic Ocean.

Former Soviet Countries See More Harm From Breakup
Residents more than twice as likely to say collapse hurt their country.

Russian Companies Leaving Tax Havens
Experts have expressed certain skepticism about the successful continuation of the “return action”.  

Russia: Most Protectionist Nation in 2013
Russia put more protectionist policies in place than any other country in 2013, closely followed by neighboring Belarus, according to data from Global Trade Alert (GTA), a leading independent trade monitoring service.

Putin Gains the G8 Presidency
This year, on June 4-5, 2014, Russia is hosting the 40th G8 Summit in Sochi.

6 Laws to Look Out For in The New Year
From a ban on Norwegian fish imports to protection against ATM fraud, here are a few picks from the laws that came into effect on Jan. 1, 2014.

Freed Pussy Riot Activists to Start Prisoners' Rights Group
The two Pussy Riot members freed from prison said that they would distance themselves from radical political activism and focus on a new project to advocate for the rights of prisoners in Russia.  

7 Theories of Why Putin Freed Khodorkovsky
There are several explanations for Putin’s sudden decision to free his most notorious political foe.

Why Don't Russians Smile?
It is a common trope that Russians never smile. Which of course is interpreted to mean they are unfriendly, gloomy, sullen – positively Dostoyevskian. This, of course, is a complete misreading of body language and cultural norms.

Nizhny Novgorod ROSE Complex Innovates Cancer Diagnostics
An interdepartmental team of local researchers claims to have come up with new early stage cancer diagnostics that features next gen biochips with at least 20 tumor markers per chip. Subscribe to Marchmont News Service

Russian Corner: Liability for Tax Legislation Violations
The article prepared by the specialists of Alinga Consulting Group covers tax violations and liability for such violations. Subscribe to the Alinga Market Update

Just for Fun: 12 Russian Brands That Beat Out Western Competitors
A short list of products an American in Moscow has come to prefer over their Western competitors. Subscribe to the SRAS Newsletter

If you have views or material you would like to contribute to the newsletter, please contact us.
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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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