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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, 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, and 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 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

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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Investor Access to Natural Resource Deposits: What Are the Rules of the Game and Do They Need to Be Changed?
2 September 2016

The Russian Far East holds vast quantities of mineral deposits. To exploit these resources, incentives for both domestic and foreign investment are needed. Many steps have been taken by federal and regional governments over the past few years. Competition for investments on an international scale would necessitate further adjustments to the subsoil use legislation. The following possibilities will be discussed in an open dialogue between business and government: — Lowering the barriers to foreign investment in Russian mining companies — Reducing legislative obstacles to classification of strategic mineral deposits — Expanding the scope of the application procedure for obtaining licences for the geological study of subsoil — Increasing the powers held by regional authorities to promote subsoil use. — Initiating pilot projects to attract subsoil users to the Russian Far East — Introducing tax incentives for subsoil users at the regional and federal levels — Developing new government mechanisms to promote geological surveying — Developing the mining infrastructure in the Russian Far East — Creating a trading platform for new mining companies.

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