The U.S. Chamber of Commerce has applauded a new framework developed by the U.S. and Russia to promote bilateral trade and investment.
The trade and investment action plan, called "Building a Foundation for Mutual Prosperity,"outlines an agenda that will capitalize on the trade benefits of Russia's World Trade Organization accession, broaden two-way investment opportunities and for the first time engage certain regions of Russia's marketplace.
Michael C. Camuiez, U.S. assistant secretary of commerce, and Alexei Likhachev, deputy minister of economic development of the Russian Federation, signed the plan in Washington.