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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Vladivostok Free Port: Successes and Challenges. Putting Our Heads Together
6 September 2017

The sea ports of the Russian Far East connect Russia logistically with the countries of the Asia-Pacific region and compete for trade flows in this rapidly growing part of the world. Vladivostok Free Port was established to create globally competitive conditions for their development. Planning for the Free Port took into consideration best international practices in the creation of free port zones, as well as Russia’s own experience of developing the free port system. Investors in Vladivostok Free Port receive tax incentives and benefit from preferential administrative policies. A system of 24-hour state border crossing points operates within the Free Port, together with a ‘single-window’ service, electronic declaration and shortened customs clearance times, and a simplified visa entry regime for foreign citizens (using eight-day electronic visas). Vladivostok Free Port is now home to more than 300 investors, and more than 20 new enterprises have been launched. How do residents of the Free Port rate the success of this modern approach? What economic effect are the conditions having on new enterprises? How can the unified tax for Free Port residents and related administrative burden on business be shifted? What adjustments are needed to the free customs zone regime within Vladivostok Free Port? What effect will electronic visas for foreign citizens have on investors? Is extending the free port regime to all ports and airports in the Russian Far East a necessary step?

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