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 163 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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Global Projects for Hydrocarbon Processing: Attracting Investments
2 September 2016

The new strategy for the Russian Far East is aimed at providing comprehensive support for the localization of advanced refining of hydrocarbons extracted in the Russian regions. The Eastern Siberia—Pacific Ocean oil pipeline, the Power of Siberia natural gas pipeline, and various fields explored by independent gas producers have laid the groundwork for large-scale petrochemical projects in the Russian Far East. A number of companies planning to work on such projects in the ASEZs are currently looking for partners from the Asia-Pacific Region. Yet a number of factors, including access to raw materials and information on how much can be accessed, how quickly and under what conditions, are holding back implementation of the biggest projects. Can the success of the petrochemical clusters in the Asia-Pacific Region be replicated? Will tax incentives and assistance with creation of infrastructure facilities in the Advanced Special Economic Zones be enough? What needs to be done to create value chains at ASEZs facilities with a focus on the petrochemical industry in the Russian Far East? In terms of models of government involvement in encouraging creation of such clusters, what lessons can be learned from the experience of hydrocarbon-rich countries?

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