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USRBC’s seminar on “Understanding the Current Business in Environment in Russia” placed in perspective the current challenges facing Russia’s economy with presentations by SPIEF’s Chairman of the Board Sergey Belyakov, Citi’s Managing Director and Head of Global Country Risk Management Alexander Wolfson and the Director of Columbia University Harriman Institute Timothy Frye. Attorneys from Debevoise & Plimpton, the event’s sponsor, offered insights regarding important reforms in Russia related to the court system and new rules with implications for corporate governance in Russia, foreign investment and corporate structures.