Trade Mission to Russia - OCTOBER 23 – 30, 2004 Application deadline: SEPTEMBER 1, 2004
Join the West Virginia Trade Mission to Russia and Meet potential Agents/Distributors/Customers in Moscow and St. Petersburg
Closer political and security relations are encouraging better economic relations between the United States and Russia. The U.S. Department of Commerce is working to open the Russian market for small and large U.S. companies.
A World Bank study concludes that Russia's GDP growth of recent years is still largely dependent on high international oil prices, with neither domestic consumption nor domestic investment yet able to sustain high levels of growth. The bank estimates that the direct and indirect effects of oil price increases accounted for 3 percent of the 7.2 percent economic growth in the first half of 2003. However, consumer spending has contributed more to economic growth than energy in the last two years, indicating that Russia may be on the way to becoming a consumer-driven economy. In 2003, both U.S. and West Virginia exports to Russia were higher than the previous year.
BEST PROSPECTS
While all industries are encouraged to explore this market for potential business partners, the Russian market offers excellent trade opportunities in the following sectors:
- Oil & Gas Equipment & Services
- Mining Equipment
- Aircraft and Parts
- Consumer Goods
- Housing and Construction
- Medical Equipment
- Computers, Peripherals and Computer Software
- Rail Sector
MISSION DETAILS
Through the Gold Key Service of the U.S. Commercial Service, we will help you approach potential distributors, agents, representatives or joint-venture partners in the shortest time possible. Industry specialists at the US DoC offices in Moscow and St. Petersburg will conduct market research, contact potential candidates, gather their profiles, screen potential partners and arrange appointments for you. In addition to these meetings with pre-qualified business partners, we will provide the following:
- Interpreters
- Transportation to business meetings or meeting space at hotel
- Customized market briefings
- Timely and relevant market research
- Assistance in developing appropriate follow-up strategies
- Reception with business representatives and government officials
- Site visits to business and manufacturing facilities
COST
Participation fee of $500 plus travel expenses
For More Information Contact:
Debra Martin, International Trade Manager
304-558-2234
dmartin@wvdo.org
Or Register Online at:
www.BuyUSA.gov/WestVirginia/Events
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