U.S.-Russia Business Council
15th Annual Meeting
Success in Russia: Moving Beyond Stereotypes
October 23-24, 2007
Ritz-Carlton, Moscow
Moscow, Russia
AGENDA
Tuesday, October 23
9:00 am
Board of Directors Meeting
9:00 am
2nd Floor
Reception Area
Registration /Continental Breakfast
10:00 – 11:00 am
Moscow I, II & III
Networking Hour
11:00 am – 12:00 pm
Moscow I, II & III
Update on Russia’s WTO Accession
Moderator: Randi B. Levinas, Vice President for Policy and Programs, U.S.Russia Business Council
 Elizabeth Hafner, Director for Russia and Eurasia, Office of the U.S.
Trade Representative
 Victor Kalmykov, Deputy Director, Department for Trade Negotiations,
Ministry of Economic Development and Trade of the Russian
Federation
 Yuri Lubimov, Adviser to the Minister, Ministry of Economic
Development and Trade of the Russian Federation
12:00 – 2:00 pm
Ballroom I & II
Opening Luncheon
Welcoming Remarks
 Eugene K. Lawson, President, U.S.-Russia Business Council
 E. Neville Isdell, Chairman and CEO, The Coca-Cola Company
Corporate Comment
 Vadim Balashov, Partner, Ernst & Young
Opening Keynote
 William J. Burns, U.S. Ambassador to the Russian Federation
12:00 – 2:00 pm
Ballroom I & II
Opening Luncheon (Continued)
2008 Political Panel
How will the 2008 political cycle affect U.S. and Russian domestic and
foreign policies? Given the current panorama of candidates, how can we
expect the political and economic climates in each country to change after
the election, and how will this be reflected in U.S.-Russia relations? Political
experts from the U.S. and Russia will discuss these and other questions about
the upcoming political cycles in both countries.
Moderator: Mark Medish, Vice President for Studies—Russia, China, and
Eurasia, Carnegie Endowment for International Peace
 Thomas E. Mann, W. Averell Harriman Chair and Senior Fellow,
Governance Studies, The Brookings Institution
 Mikhail V. Margelov, Chairman, Committee on Foreign Affairs,
Federation Council of the Russian Federation
 Respondent: Edward Rogers, Chairman, Barbour Griffith & Rogers
LLC
2:00 – 2:15 pm
2nd Floor
Reception Area
Coffee Break
2:15 – 3:15 pm
Ballroom I & II
Russia in the Global Supply Chain
The country’s booming economy has primed Russian companies for
expansion and has made Russia an integral part of U.S. corporations’ global
operations. How are U.S. companies aligning their Russia strategy with
their strategies for China, India and other markets? How can firms best
capitalize on Russia’s advantages? Corporate representatives discuss
Russia’s place in the global economy.
Moderator: Boris Jordan, President and CEO, Sputnik Group
 Owen-Christopher Kemp, Vice President and Managing Director,
HP Russia
 Mary A. Laschinger, President, International Paper Europe
 Clyde C. Tuggle, President, Russia, Ukraine & Belarus Division,
The Coca-Cola Company
3:15 – 3:30
Ballroom I & II
AFTERNOON KEYNOTE
Sergey D. Shatalov, Deputy Minister of Finance, Ministry of
Finance of the Russian Federation
Introduction: Richard N. Dean, Partner, Baker & McKenzie LLP
3:30 – 3:45 pm
2nd Floor
Reception Area
Coffee Break
3:45 – 4:45 pm
Ballroom I & II
New Products for a Consumer Society
Retail is a key driver of Russian growth, with the market playing host to
increasingly sophisticated and demanding customers. Consumer finance has
both benefited from and accelerated the retail boom, spawning new markets
for securitization products and other forms of structured finance. Marketing
experts and industry leaders in consumer products and banking analyze the
profile of today’s “Russian consumer” to understand what drives his/her
needs and preferences, while exploring the financial innovations in store for
the Russian market.
Moderator: Michael White, Chairman and CEO, PepsiCo International
 Warren P. Browne, Executive-in-Charge, Russia and the CIS, General
Motors Corporation
 Richard Hainsworth, General Director, RusRating
 Alexander Pismenny, Managing Director, ACNielsen Russia
 Julian C. Salisbury, Managing Director, European Special Situations
Group, OOO Goldman Sachs
4:45 – 5:45 pm
Moscow I, II & III
Concurrent Breakout Sessions
 Navigating Russia’s Regulatory Environment
Russia’s regulatory regime, at times overbearing and seemingly
arbitrary, can pose a substantial hurdle to business success in Russia.
What strategies can companies deploy to better manage the regulatory
environment? How can U.S. companies work collaboratively with the
Russian Government to move Russia towards international norms?
Industry representatives who have successfully addressed regulatory
problems in Russia and government representatives tasked with
regulatory oversight will discuss best practices in Russia’s regulatory
environment.
Moderator: Paul Rodzianko, Senior Advisor, Access Industries, Inc.
 Jodi Hanson Bond, Senior Director, Global Government Relations,
Motorola
 Matthew H. Murray, Corruption Risk Manager, TNK-BP
 Andrey V. Sharov, Director General, Department for State
Regulation of the Economy, Ministry of Economic
Development and Trade of the Russian Federation

Ballroom I & II
Ekaterina Troshinkina, Regional Business Manager Russia/FSU,
Platts
 Projecting Russia’s Image Abroad
Pundits in the U.S. have created a vibrant industry of questioning
Russia’s trajectory as a reemerging world political and economic power.
What are Russia’s government and companies doing to combat negative
press and manage the country’s image abroad? What new steps have they
undertaken on the public relations front to communicate their policies
and plans? What more should they be doing? Where have there been
missteps — and what caused them? Insiders will offer their views and
engage meeting participants to probe how Russia is projecting itself on
the global stage.
Moderator: Andrew Kuchins, Senior Fellow and Director, Russia and
Eurasia Program, Center for Strategic and International Studies
 Mikhail V. Belyat, Editor of “Russia Beyond the Headlines”
Rossiyskaya Gazeta
 Noam Gelfond, Partner, Ketchum
 Stephen Lock, Regional Director Eurasia, Mmd Corporate, Public
Affairs & Public Relations
 Gregory L. White, Moscow Bureau Chief, The Wall Street Journal
Tuesday, October 23
(Continued)
7:30 pm
Reception and Gala Dinner at GUM
GUM, 3rd Floor Demonstration Hall
Business Attire
KEYNOTE ADDRESS
Alexander D. Zhukov, Deputy Prime Minister, Government of the
Russian Federation
Wednesday, October 24
8:00 am
2nd Floor
Reception Area
Continental Breakfast
8:30 – 9:30 am
Ballroom I
Energy Panel – A New Era in Energy
As Russia consolidates its domestic energy industry and builds global-scale
companies with a strong state influence, is its energy sector becoming more
predictable, or will selective regulation keep the risk premium high for
foreign energy investors? Can a new investment model restricting foreign
ownership effectively exploit challenging offshore projects? How will
Russian and U.S. energy majors work together in third markets? CEOs from
leading foreign and Russian energy companies discuss these and other
questions confronting the sector.
Moderator: Daniel H. Yergin, Chairman, Cambridge Energy Research
Associates
 Robert W. Dudley, President and CEO, TNK-BP
 Peter J. Robertson, Vice Chairman of the Board of Directors, Chevron
Corporation
9:30 – 9:45 am
Ballroom I
MORNING KEYNOTE
Elvira Sakhipzadovna Nabiullina, Minister of Economic Development and
Trade, Ministry of Economic Development and Trade of the Russian
Federation
9:45 – 10:45 am
Ballroom I
Russian Companies in the World Market
Numerous large and small Russian firms have restructured or undergone
M&As, but they continue to face decades-old stereotypes in dealings abroad.
What is driving them toward greater transparency and better governance,
and what is holding them back? How much of their transformation is real
and how much is simply a public relations push — and how can investors
tell the difference? Forward-looking Russian executives and seasoned
international PR professionals discuss ongoing advances and challenges in
the development of corporate Russia.
Moderator: Roger Munnings, Chairman and CEO, KPMG Russia and CIS
 David M. Iakobachvili, Chairman of the Board of Directors, Wimm-BillDann Foods
 Z. Blake Marshall, Senior Vice President, International, The PBN
Company
 Ralph Tavakolian Morgan, Deputy General Director, MMC Norilsk
Nickel
 Valery M. Okulov, Chairman and Chief Executive Officer, OAO
Aeroflot
Russian Airlines
10:45 – 11:00 am
2nd Floor
Reception Area
Coffee Break
11:00 am – 12:00 pm
Concurrent Breakout Sessions
Moscow I, II & III
 Russia’s Human Capital Challenge
Access to qualified employees is a key challenge in Russia, and
demographic decline threatens to further reduce the supply of skilled
labor. Which jobs will be in most demand in the next 10 years, and how
should companies prepare? How can immigration, training and other
measures compensate for a declining number of university graduates?
How can companies successfully retain current employees and attract
competent new recruits? Policy experts and company managers explore
Russia’s workforce challenges.
Moderator: Andrei V. Kortunov, President, The New Eurasia Foundation
 George Abdushelishvili, Senior Partner, Ward Howell International
 Sergei V. Kravchenko, President, Boeing-Russia/CIS
 David Pearson, CEO, Deloitte & Touche CIS
Washington I & II
 Russia’s Regions – The Next Big Opportunity
Russia’s regions are generating more buzz as costs in Moscow and St.
Petersburg skyrocket and those markets become saturated. How do the
challenges of infrastructure, local regulation and labor play out in the
regions? How should investors evaluate regional incentive packages?
Executives who have successfully expanded operations in the regions
discuss the advantages and challenges of looking beyond Moscow, and the
best way to capitalize on growth opportunities.
Moderator: Kendrick White, Managing Principal, Marchmont Capital
 Robert Droogleever, General Manager, Caterpillar CIS
 Mark T. Robinson, President, Citibank ZAO
 Darrell Stanaford, Managing Director, Russia & Ukraine, CB
Richard Ellis Noble Gibbons
 Evgeny Zakablukovsky, Russia Community and Regional
Government Relations Manager, Intel Corporation
12:15 – 2:15 pm
Ballroom I & II
Closing Luncheon
Keynote Address:
Ambassador John K. Veroneau, Deputy U.S. Trade Representative, Office
of the U.S. Trade Representative
Views of the U.S.-Russian Relationship
U.S.-Russia relations have seen rocky patches this year even as commerce
thrives. Does the negative rhetoric reflect a real diversion of interests, or is
it driven by local politics and a misunderstanding of motivations? What
impact, if any, does politics have on commerce and vice versa? Two senior
policy makers examine the overall state of the relationship from the U.S. and
Russian perspectives.
Moderator: Vladimir D. Pozner, President, Academy of Russian Television
 Vladimir Frolov, President, LEFF GROUP
 Thomas E. Graham, Senior Director, Kissinger McLarty Associates