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 162 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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The Timber Industry in the Russian Far East: Reaching a New Level
2 September 2016

Although the Russian Far East has the capacity to produce approximately 100 million cubic metres of timber, woodlots currently under lease represent just a little over 20 million cubic metres. To better tap into the region’s forestry resources, the timber industry requires new investment in infrastructure. To encourage such investment, the government is offering investors woodlots in the Russian Far East on preferential terms. Which woodlots in the region are available for lease to investors, and how much must be invested in local infrastructure in order to tap these resources? Based on past projects in the Russian Far East, how well do investments in the timber industry perform? What are the prospects for creating a timber cluster in the region? What will be the procedure for investment projects seeking to acquire priority status in order to obtain woodlots on preferential terms? Which tools can the government use to support investors working in the region’s timber industry?

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