Russian - American Investment Reboot

Business is the most important component in development of  Russian-American relations. Bilateral committees have been established during the July visit of the U.S. President Barack Obama to Russia. Among them is the Committee for the Development of Business Links and Trade and Economic Relations with the purpose of stimulation and coordination of trade.

The business forum has been held within the framework of the visit where American and Russian businessmen had an opportunity to discuss their future plans. Participating in the forum Barack Obama said that the diplomatic relations between Russia and the U.S. have been established more than 200 years back. The goods exchange began even before the countries exchanged their first ambassadors. Trade kept going even during the long "cold war" and in the few recent years the Russian-American trade relations have really begun picking up speed.

Barack Obama has also stressed that the reboot in the relations between Russia and the United States cannot be a question involving just the two Presidents. This process must go much further, peoples of both countries have to be involved. The "reboot" has to involve not just issues of security and disarmament but also general prosperity which means jobs creation, promoting innovative ideas, and establishment of new sectors of industry.

Nat Lawyer