Transcript Slide 1 - Russian American Chamber of Commerce in the USA

Presentation for Willis HRH Risk Mitigation, Inc.
Benefits for Willis HRH Risk Mitigation, Inc.
• Access to new information and statistics about the
markets in Russia and CIS;
• Organization of meetings with Russian counterparts:
government officials, business executives from any
industry;
• Building relationships with the Chamber’s members.
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RUSSIA
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Geography
Area: 17 million sq. km. (6.5 million sq. mi.); about 1.8 times the size
of the United States. Cities: Capital--Moscow (pop. 8.3 million).
Other cities--St. Petersburg (4.6 million), Novosibirsk (1.4 million),
Nizhniy Novgorod (1.3 million).
People
Population (2007 est.): 141.4 million.
Annual growth rate (2007 est.): -0.484% (population declining)
Education (total pop.): Literacy--99.4%
Health: Life expectancy (2007 est.)--59.12 yrs. men, 73.03 yrs.
women
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I.
RUSSIAN ECONOMY
• GDP (official exchange rate): $1.286 trillion (2007 est.)
• GDP - real growth rate: 8.1% (2007 est.)
• GDP - composition by sector: agriculture: 4.6% ; industry:
39.1% ; services: 56.3% (2007 est.)
• Labor force: 75.1 million (Nov. 2007 est.)
• Investment (gross fixed): 19.4% of GDP (Jan.– Sept. 2007 est.)
• Stock of direct foreign investment - at home: $271.6 billion
(2006)
• Stock of direct foreign investment - abroad: $209.6 billion
(2006)
• Russia possesses one-fifth of the world's timber reserves
• 3 % of foreign investments goes to the timber industry
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The Chamber:
• Serves as an umbrella organization for promoting trade
and commerce between the USA and the Russian
Federation and the CIS countries;
• Serves as an advocacy group for the American and
Russian businesses;
• Over 200 corporate members in the USA, Russia, CIS
and Baltic States.
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RACC Services
Advisory Services
• Investment consultancy, market research,
implementing an effective action plan, data and
information research;
• Representation to federal and regional administrations
and representation of American investors to corporate
boards of Russian counterparts;
• Proprietary computerized databanks of American,
Russian, and CIS countries companies and
individuals.
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RACC Services (Cont.)
Transactional Support
• Evaluate and assist in the implementation of business
deals;
• Investment and business partner search;
• Assist in in gaining access to the Russian regional
markets;
• Visa and passport services, incorporation, registration,
accreditation, representation, negotiations,
confidentiality, translations.
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RACC Services (Cont.)
Corporate Intelligence
• Background check;
• Corporation and corporate executives intelligence
reports;
Trade Show and Business Meeting Services
Educational Services
Language courses and cross-cultural trainings.
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Current Sponsors and Clients
Total number of corporate members: over 200
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The Coca-Cola Company
Delta Air Lines, Inc
American Airlines
Smith, Gambrell & Russell, LLP
Delloite
Gazprombank
Arnall Golden Gregory LLP
InterContinental Hotels Group,
Rosneft
The Related Group
The Trump Organization
etc.
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Chamber’s Key Events
• International conference "Russia & WTO“;
• Sochi-2014 winter Olympic Games Russian Government
roundtable,
• Ambassador reception;
• Delegation of Real Estate Developers & Constructors
from St. Petersburg, Russia to Chicago, IL;
• Official visit of Belgorod government officials and
corporate executives to Atlanta, GA;
• US-Russia Energy Conference in Houston, TX, in March
of 2010;
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Business Opportunities in Russia
• The market is becoming more attractive in that the
authorities are planning on reducing restrictions on
foreign ownership of insurance businesses.
• Insurance is one of the most dynamic sectors of the
Russian economy today with enormous growth
potential and attractive opportunities for foreign
participation.
• Business connections with insurance companies in
Russian and CIS.
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Major Challenges
• Governmental restrictions
• The concentration of economic activity in
Moscow and St Petersburg reinforces.
• Several of the large local players have
very strong positions in the non-life
segment. This is either because they
have established brand names and
enormous distribution networks (like the
Investment Climate in Russia
• According to the Economist Intelligence Unit, Russia is
one of the most attractive nations for foreign
investment among transitional economies.
• In particular, Russia is expected to become a leader
in raising direct foreign investment in 2006–2010
among ex-USSR states and Eastern European
countries.
• By the end of September 2006, cumulative foreign
investments in the Russian economy came to
approximately USD130 billion.
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RussianAmericanChamber.com
[email protected]
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