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 Potential of the Northern Sea Route. From Words to Actions
6 September 2017

The Northern Sea Route is the shortest sea route from Asia to Europe, and experts estimate that by 2050 it will be passable for non-ice reinforced vessels all year round. Taking this into consideration, it is strategically advisable at this point to begin developing the Northern Sea Route for purposes other than simply the transport of natural resources from the Arctic zone, or ‘northern deliveries’. In 2016, a model for establishing a regular Arctic container line using the Northern Sea Route was developed. The niche which will be filled by the Northern Sea Route relates to container cargo transit between the ports of North-East Asia (China, Japan, and South Korea) and those of Northern Europe (Rotterdam, Hamburg, and others), which is preferable to a southern route. Around 455,000 TEUs of container cargo traffic currently have transit paths for which use of the Northern Sea Route would provide a significant advantage to the shipper. An optimal logistics scheme has been developed for a regular Arctic container line: transit will be conducted between two port hubs in the cities of Petropavlovsk-Kamchatsky and Murmansk using ice-class container ships, with additional feeder lines to end-ports in Europe or Asia. How can participation in the joint development of the Northern Sea Route be made attractive to China, Japan, and South Korea? Would there be merit in establishing a joint venture to manage a regular Arctic container line? How can competitive conditions for container cargo transit via the Northern Sea Route be ensured? Could investment in Northern Sea Route infrastructure be made profitable in the long term?

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