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US business community inspired with Shuvalov, Dvorkovich work in new Russian govt

The Council welcomed the formation of the new Russian Cabinet endorsed by President Vladimir Putin on May 21

WASHINGTON DC, May 22 (Itar-Tass) —— The U.S. business community is inspired with the appointment of Igor Shuvalov and Arkady Dvorkovich as members of the new Russian government, the U.S.-Russia Business Council said on Tuesday. The Council represents the interests of leading U.S. companies.

The Council welcomed the formation of the new Russian Cabinet endorsed by President Vladimir Putin on May 21. Further government work of supporters of an improved business climate and Russia-U.S. trade – First Deputy Prime Minister Igor Shuvalov and Deputy Prime Minister Arkady Dvorkovich – adds to the assuredness of foreign investors, the Council said.

It also noted that the new Russian government had many new professionals equally adherent to modernization and the elaboration of a policy bound to ensure further economic growth.

U.S.-Russia trade is passing through an important period due to the Russian entry into the World Trade Organization (WTO) and the U.S. Congress’ consideration of permanent normal-trade-relations with Russia, Council Board Chairman, Alcoa CEO Klaus Kleinfeld said.

In his words, the U.S. business community expected to interact with President Vladimir Putin and his cabinet in building up the successes of the previous years and bolstering bilateral trade.

In turn, Council President Edward Verona said they were glad to cooperate with the new Russian government towards economic liberalization and commercial benefits of both countries.

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