RAIC meaning in International ?

Answer:

What is Russian-American Industrial Corporation mean?

The Russian-American Industrial Corporation (RAIC) (Russian: Русско-американская индустриальная корпорация) was an international economic development venture launched in 1922 by the Amalgamated Clothing Workers of America in conjunction with the government of Soviet Russia. The corporation, mostly funded measure by small donations from sympathetic American union members, was conceived as a mechanism for the launch of new clothing factories to help alleviate the economic distress which had wracked the Soviet republic during the recently terminated era of Civil War and War Communism.

About $2 million was raised in the RAIC campaign, which was expended to launch or modernize 34 facilities, with the employment of 17,500 garment workers in Soviet Russia. Corporation stockholders received an interest payment of 5% annually until the program was terminated in 1925.

reference

Full Form	Category
Royal Architectural Institute of Canada (now Architecture Canada)	Academic & Science
Royal Architectural Institute of Canada	Academic & Science
Rakuten Advertising International Collective	Business
Robotics and Artificial Intelligence Conference	Computing
Restricted Area Identity Credential	General
Restricted Area Identity Card	General
Receiving Assessment and Intake Center	General
Rotary Adventure In Citizenship	General
Richmond Avant Improv Collective	General
Right to Access Information Commission	General
Redstone Arsenal Information Center	General
Responsible Adult In Charge	General
Rapid Automatic Image Categorization	General
Relational Autonomy in Informed Consent	General
Redundant Arrays of Independent Components	General
Russian-American Industrial Corporation	International