| From the president ... | p. 1 |
| St. Petersburg Governor Vladimir A. Yakovlev Welcomes International Partnerships | p. 2 - 3 |
| Russian Ambassador Yuli M. Vorontsov to Chair ARCCI Advisory Board | p. 4 |
| Chronicle of Events: ARCCI and BISNIS come to Rockford, IL | p. 4 |
| Cleveland Business Community Analyzes Opportunities for Trade and Investment in the NIS | p. 5 - 6 |
| Minneapolis Plays Host to the ARCCI's First Event Held After the Russian Presidential Election | p. 6 - 7 |
| U.S./NIS Business Leaders Discuss Strategies for Success | p. 8 - 10 |
| The ARCCI / AECC Expand Business Networking | p. 11 - 12 |
| Historic Voyage of Aira-II Commemorates the 300th Anniversary of Russian Fleet | p. 12 - 13 |
| Business Briefs | p. 14-15 |
| News from the NIS | p. 15 |
| Golub-Europe Secures Project Financing, Expands Real Estate Advisory Services | p. 16 |
| A Major Russian Distributor of Frozen Food and Ice Cream | p. 17 |
| MDS Associates | p. 17 |
| PREMIER Health Care Alliance | p. 17 - 18 |
| Legal Developments : Recommendations on the Anti-Monopoly Regulation of Foreign Investments in Russia (Proceedings from the Experience of the St. Petersburg Anti-Monopoly Department) | p. 19 - 20 |
| Legal Developments in the Russian Federation | p. 20 - 21 |
| Changes to Lithuanian Law on Foreign Ownership of Land | p. 22 |
| Complying with Environmental Standards in a Cost-Effective Manner | p. 23 |
| The Burgeoning Russian Forest Products Market: Background and Opportunities for Traders and Investors | p. 24 - 25 |
| OPINION : Ukraine : Living in Russia's Shadow | p. 26, 28 |
| Welcome, New Members ! | p. 28, 31 - 32 |
| Information Desk : Tips for a Successful Media Event in Russia | p. 33 - 34 |