The USRBC Welcomes Russia's New Government

WASHINGTON, May 22, 2012 /PRNewswire-USNewswire/ -- The U.S.-Russia Business Council welcomes the confirmation of Russia's new government, approved by President Putin on May 21. The continued service of advocates for improving the business climate and strengthening the U.S.-Russia bilateral commercial relationship such as First Deputy Prime Minister Igor Shuvalov and Deputy Prime Minister Arkady Dvorkovich provides added confidence to foreign investors.  At the same time, many new professionals have been added to the government who are equally as dedicated to modernization and the development of policies that will ensure future economic growth.

USRBC Chairman Klaus Kleinfeld stressed that, "This is a pivotal time in U.S.-Russia commercial relations as Russia ascends to the World Trade Organization later this year and the United States Congress considers extending Permanent Normal Trade Relations status to Russia.  The U.S. business community looks forward to working with President Putin and his Cabinet to build on the success of the past few years and further our bilateral commercial relations."

USRBC President and CEO Ed Verona added that, "We welcome the opportunity to work with the new government in the pursuit of policies that will enhance economic liberalization and bring commercial benefit to both countries."

The U.S.-Russia Business Council (USRBC) represents the interests of its 250 U.S. and Russian member companies, providing business development and government relations support in both Moscow and Washington.  The USRBC contributes to the stability and development of a free market in Russia and supports Russia's integration into the global economy.  It also serves as the Secretariat for the Coalition for U.S.-Russia Trade (www.usrussiatrade.org).  For more information, visit the USRBC online at: www.usrbc.org.

SOURCE U.S.-Russia Business Council