Commerce
Secretary To Lead Business
Development Mission to Russia
Commerce Secretary Don Evans announced that he will lead a delegation
of U.S. business executives to explore and expand trade and investment
opportunities in Russia’s energy sector. The Department of
Commerce Trade Mission will take place on September 21-25. Evans
and the Trade Mission delegation of business leaders will travel
to St. Petersburg and Moscow where mission participants will focus
on developing new partnerships with Russian energy companies. Mission
participants will also participate in the U.S.-Russia Commercial
Energy Summit in St. Petersburg.
“Economic
growth and stability around the world depend on reliable, affordable
sources of energy. It is essential for the United States and Russia
to continue to explore new opportunities for our private sectors,
as well as to take the steps necessary to ensure the long-term economic
security of both our nations and the global economy,” said
Evans.
Fast-growing
demand for Russian oil and gas resources has created opportunities
for U.S. firms in both the rehabilitation of existing oil fields
and in the development of new exploration projects. Enormous opportunities
for U.S. equipment suppliers exist in the fields of pipelines, ports,
processing facilities, as well as in oil and gas field equipment
services.
Further information about the trade mission, including requests
for applications, may be directed to the Office of Business Liaison,
Room 5062, Department of Commerce, Washington, D.C. 20230 (tel:
202-482-1360; fax: 202-482-4054). The deadline for applications
is August 8, 2003. Applications and additional information are also
available on the official mission Web site at http://www.doc.gov/russiamission2003.
###