A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 179 Russian public organizations, federal and legislative agencies, and federal subjects.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, and Spanish t.me/RoscongressEsp. Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Opening Ceremony of International Commercial Arbitration Court Branch in Vladivostok Slated for EEF 2019

The International Commercial Arbitration Court (ICAC) is slated to open a branch in Vladivostok on the side-lines of the 5th Eastern Economic Forum. The branch looks to become a centre of arbitration for entrepreneurs in the Far East region and is aimed at disseminating the best international arbitration practices and creating a favourable legal environment.

«The opening of an ICAC branch in the Far East is no accident. The regions economy is actively growing and trade and investment is increasing. And growing along with it is the need for an effective mechanism for resolving entrepreneurial disputes. This is confirmed by ICAC statistics, which show an annual increase in the number of cases involving companies from this region», International Commercial Arbitration Court Chairman Alexey Kostin said.

The ICAC at the Chamber of Commerce and Industry of the Russian Federation is one of the largest and most respected arbitration centres in the world with more than 85 years of history. Every year, 250300 international commercial disputes involving companies from 4050 countries are reviewed here, which exceeds similar indicators for most international arbitration centres, including the London Court of International Arbitration and the Arbitration Institute of the Stockholm Chamber of Commerce.

In 2017, as a result of reforms to the legislation on arbitration, the ICAC was granted the right to consider internal disputes with the participation of Russian legal entities and individual entrepreneurs along with international disputes and to form branches beyond its immediate location.

In 20172019, 17 ICAC branches were established in Vladivostok, Volgograd, Voronezh, Irkutsk, Kazan, Krasnodar, Moscow Region, Nizhny Novgorod, Perm, Rostov-on-Don, St. Petersburg, Saratov, Stavropol, Tyumen, Ulyanovsk, Ufa, and Chelyabinsk.

Issues related to protecting investor rights in the Far East will also be up for discussion as part of the EEF 2019 business programme.

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