Friday, November 24, 2017

United States Commercial Service considering Yekaterinburg consulate trade desk

The United States Commercial Service is upping its efforts to gain more business in Russia by sending more trade officers to the country, including a possible trade desk at the Yekaterinburg consulate.

The increase could also mean an expansion of commercial sections at the U.S. Embassy in Moscow and the consulate in St. Petersburg, TheMoscowTimes.com reports.

The U.S. Commercial Service, a federal agency within the U.S. Commerce Department, helped 177 U.S. companies enter Russia or increase their sales in the country during the 2011 fiscal year that ended Sept. 30

The U.S. government is moving employees to higher-priority markets like Russia from trade desks at U.S. embassies in seven countries. Officers in Algeria, Ecuador, Kazakhstan, Libya, Senegal, Switzerland and Venezuela also will be moved to such markets as China, Brazil, Mexico, Turkey, India and South Africa.

Seven officers and 40 local staff jobs will shift, saving $6.6 million based on 2010 costs, according to the Commerce Department.

This is the biggest overhaul since President Barack Obama took office, and helps in President Obama's plans to double U.S. exports to $3.14 trillion by 2015 from $1.57 trillion in 2009, according to TheMoscowTimes.com.

Currently, there are three inquiries from Russian companies posted on the U.S. Commercial Service's website seeking cooperation with American businesses. One is from a manufacturer of construction materials and two other companies would like to buy technologies and equipment for recycling used industrial and motor oils and the used plastic components of computer hardware and cartridges.