From the president ...	p. 1
Eighth Session of the Gore-Chernomyrdin Commission	p. 2 - 3
Russian Ministry of Construction Facilitates Market Reforms	p. 3
State Registration Chamber of the Ministry of Economy of the Russian Federation	p. 4
ARCCI Launches World Wide Web Site on the Internet	p. 5
CHRONICLE OF EVENTS: ARCCI Directors Network in Russia Russian Trade, Investment and Financial Outlook Moscow Delegation Visits Chicago More than 200 Russian Professionals Attend Miami Conference Americans and Russians Discuss Investments at Harvard St. Petersburg Governor Yakovlev Leads delegation to New York Transportation Summit in Washington, DC	p. 7
BUSINESS NEWS	p. 11
Amoco Goes Beyond Business	p. 14
OPIC Expands its Services in Russia	p. 14
Pepsi-Cola General Bottlers Comes to St. Petersburg	p. 15
LEGAL DEVELOPMENTS in the Russian Federation	p. 16
Real Estate Development	p. 19
SPOTLIGHT ON THE REGION: Regional Government Policies Foster Investment in Novgorod	p. 20
Investing in Azerbaijan	p. 21
WELCOME, NEW MEMBERS!	p. 22
INFORMATION DESK: Shipping to Russia and the CIS How to Get a Visa to the Russian Federation	p. 24