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U.S. energy and technology organizations seeking new international areas should make to take advantage of new options in Russia. A fresh start in U.S.-Russian political relations is substantially increasing the company climate. Russian economic reforms and the stabilization of the Russian economy has paid off the risk of conducting business in Russia. Another factor is that Russia has become a state of significant wealth due to gas and gasoline exports. Above all, Russia is about to buy important new power infrastructure that is a good opportunity for U.S power and technology business.
President of Russia Dmitry Medvedev issued a record on March 31, 2009 about making the bond between Russia and the United States. Leader Medvedev built a strong statement about the requirement requirement for more expense tasks, mutual study and development by organizations and increased industry in advanced items between America and Russia. President Obama has explained that he can be thinking about strengthening the securities and business between Russia and the United States.
President Medvedev and President Barack Obama met in London on April 1, 2009. A Combined Record by President Obama and Leader Medvedev on May 1, 2009 said that they'd discussed ways to enhance the international monetary and economic process and promote world wide economic stability and prosperity. The record also emphasized the measures that both nations will decide to try improve international safety, concept of legislation, and calm resolution of differences. This establishes an excellent weather for American-Russia business.
Important economic reforms have already been applied in the Russian duty, banking, labor and area codes. Russia has passed a brand new Foreign Investment Legislation that identifies procedures for participation of foreign investors in the capital of European strategic field companies. This new law can provide a clear and estimated organization environment for foreign investors. Yet another significant evaluate to boost the business enterprise weather is that the European tariff rate has been collection at zero % for the transfer of some kinds of technological equipment.