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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Regional Improvements to the Investment Climate: Assessment by the Business Community
3 September 2016

Over the past year, the federal government has applied considerable efforts to increasing the appeal of the Russian Far East to entrepreneurs. A number of laws have been passed to encourage regional-level investment and to exploit competitive advantages, including a law on Advanced Special Economic Zones, a change in industrial policy, and a law aimed at stimulating investment. Increasing economic activity in an area depends first and foremost, however, on the approach taken by local authorities. At the regional level, measures have included a one-stop-shop investor support mechanism, simplification of administrative procedures for construction and grid connection, and allocation of land plots, among others. Despite all these efforts, none of the nine regions in the Russian Far East made it into the top twenty in the Russian Regional Investment Climate Index for 2016. How do the regional authorities plan to rectify the situation through policy changes, ensuring stable regional economic development and attracting investment? How is work to implement such a project being carried out? What has been accomplished over the past year? What has been less successful? How do entrepreneurs and investors assess the effectiveness of the regional governors’ administrations? What does business currently need most from the regional authorities?

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