About THE CHAMBER
The Russian American Chamber of Commerce in the USA (THE CHAMBER) is one of the main business organizations in the USA that assists U.S. companies in CIS market entry. THE CHAMBER provides market information, practical advice, leads, and referrals to U.S. members of all sizes to facilitate U.S. export, distribution channels, and other forms of business development in the CIS. THE CHAMBER also assists U.S. members in obtaining visas, legal advice, translations, certifications, exhibition information, office space, HR-services, and offers a cultural program in the CIS. THE CHAMBER facilitates cooperation for U.S. members with the Russian Government, Russian Regional Administrations, U.S. Consulates in Russia, Chambers of Commerce in Russia, and corporate leaders from CIS countries.
Though the main focus of the Chamber is on trade between the U.S. and Russia, THE CHAMBER also covers Canada and 14 Eurasian countries : Armenia, Azerbaijan, Belarus, Estonia, Georgia, Kazakhstan, Kyrgyzstan, Latvia, Lithuania, Moldova, Tajikistan, Turkmenistan, Ukraine, and Uzbekistan.
The Chamber has facilitated more than $500 million worth of U.S. exports and U.S.-Eurasian business collaboration.
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The Russian-American Chamber of Commerce in the USA
• Serves as a catalyst and facilitator for business energy focusing on solving international, national and regional problems and issues
• Is an independent, non-profit business organization representing American and Russian businesses in the USA and CIS countries
• Is an organization with more than 200 corporate members in the USA, Russia and the CIS countries
• Is operated by a staff of 15 professionals
• Is not part of the city, county or state governments
• Our budget comes from membership dues and contributions, which means we are totally committed to our members
• Our Board of Directors and Board of Advisors represent the leadership of Russian and American businesses in the United States and the Russian Federation
Why is the Chamber’s HQ Located in Atlanta?
The cosmopolitan city of Atlanta, Georgia represents the largest economic center of the Southern United States. With over 5 million residents and 120,000 companies, this region offers ideal conditions for both American and international companies.
The business environment of the region is characterized for its low residential and commercial real estate costs, educated workforce, economic incentives and Fortune 500 company headquarters. In addition to this, the Southern US enjoys an excellent transportation infrastructure comparable to the best highways that can be found in the world. Atlanta’s Hartsfield-Jackson International Airport is the busiest airport in the world and has the best flight connections that can be found in the USA. The Southeastern region also has two of the largest container ports in the US. One in Savannah, Georgia and the other in Charleston, South Carolina which are both located along the Atlantic Coast.
Metro Atlanta has a large presence of Russian-community-operated businesses, which includes professions such as lawyers, auditors, CPAs, doctors, financial institutions, insurance and real estate brokers. This is particularly important for small-to medium-size Russian companies and CIS international corporations expanding toward the US.
Why is the Chamber’s Representative Office Located in New York City?
According to NYCEDC, New York City’s economy is unparalleled, rivaling most of the world’s nations with its sheer size and diversity. The New York metropolitan area’s gross metropolitan product was almost $1.3 trillion in 2008, exceeding the GDP of many nations.
New York City has one of the world's largest international business communities:
* 168 banks from 50 countries have offices here
* 50% of New York’s labor force is foreign-born
* 18 of the top 20 foreign branches of international banks have their U.S. headquarters here
New York was among the top 3 venture capital states with $285 million in new venture capital investments spread across 41 deals, according to the quarterly venture capital activity report issued by ChubbyBrain Information Services for the fourth quarter of 2009.
Not only is New York City a business capital, it is also home to some of the finest hospitals and scientific research centers in the world. Research centers and hospitals in New York receive a total of $1.3 billion in National Institutes of Health funding each year, second only to Boston-Cambridge, Massachusetts.
Two of the largest global marketing agencies, Omnicom Group and Interpublic Group, are headquartered in the City, in addition to global media giants including Viacom, Time Warner, and News Corporation.
New York City, the global capital of fashion, has more headquarters of fashion designers and retailers than any other city.
New York City is a diverse hub for well-educated, ambitious individuals, with a student population of 623,000 and 164 academic institutions.
New York City is an attractive destination for international students. In 2009, New York University and Columbia University had the second and third largest international student populations in the country, totaling more than 13,000 students.
The result is an intelligent, diverse, and innovative workforce with a mind toward the future of the business world:
* New York City universities have produced 38 Nobel Laureates.
* One third of New York City residents have a bachelor’s degree, and 3 in 5 Manhattan residents have a bachelor’s degree.
* 1 in 4 Manhattan residents have an advanced degree. Citywide, 13 percent hold an advanced degree.
New York City has a comparable cost of living to other large cities and ranks well against international competitors. Average rent in both Midtown and Lower Manhattan is one of the most affordable when compared to other world-class cities.
New York’s crime rate has decreased by 79% over the past 20 years, far outpacing the national average, making New York the safest big city in the United States.
A snapshot of global business in New York City
A presentation about New York City potential