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, 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 165 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 76 countries worldwide, and 154 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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A New EAEU Customs Code as an Opportunity for Improving the Investment Climate
16 February 2018

The Eurasian Economic Union Customs Code Agreement envisages a gradual liberalization of customs regulations and the creation of more comfortable conditions for doing business. The customs system will in effect be transitioning to a radically new level of functionality, with customs operations improved by the implementation of data management systems which do not require the involvement of customs officials, the translation of customs procedures into electronic versions, the priority replacement of paper with modern technology, increased legal significance for preliminary information, expanded opportunities for releasing goods prior to the submission of a declaration, increased status for authorized economic operators, and an expansion of simplifications made available to them here and in a number of other areas. This liberalization and the increased level of unification of customs regulations enshrined in the new EAEU Customs Code is intended to ensure more comfortable conditions for bona fide economic operators to conduct business activities. In what major respects does the new EAEU Code differ from the former Eurasian Customs Union Code? What regulations in the new EAEU Customs Code have made the greatest contribution to simplifying business operations? How does the new EAEU Customs Code expand opportunities for authorized economic operators? In what ways has the EAEU Customs Code ensured deeper unification of customs regulations within the EAEU?

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