A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, 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 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 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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Nikolay Zapryagaev

Nikolay Zapryagaev

General Director, Corporation for the Development of the Far East and the Arctic
Quotes
06.09.2022
EEF 2022
Keeping Pace in the Competition of Preferential Regimes
It is necessary to extend the benefits to those who conduct operational activities because the pressure on them has increased: prices and costs are growing and demand is falling. It is necessary to extend for them so that they can pay large salaries, not to close enterprises, so that people work there and no tax penalty is formed
06.09.2022
EEF 2022
Keeping Pace in the Competition of Preferential Regimes
In fact, regimes are universal, but in any case, they currently require additional adjustment using, among other things, our innovations, some mechanisms. Of course, new regimes are being invented, but nevertheless other regions and industry programmes are actively working on their own and borrowing some solutions. Due to geography and some other factors, it is simply more expensive to build in the Far East. The average cost of construction in the Far Eastern Federal District is 30% higher than the average cost in Russia. We have to make not equal, but better conditions for investors
06.09.2022
EEF 2022
Keeping Pace in the Competition of Preferential Regimes
In 2014, the main tools were invented and introduced. These are the advanced special economic zones, the free port of Vladivostok, the tools for reimbursement of infrastructure costs that Vitalii mentioned. These tools have made it possible to form a portfolio that already has more than 3,200 investment projects. The declared investment amount is already almost RUB 7.5 trillion. Quite a serious amount for investors looking for a project to put their money in, and there really are such projects in the Far East now. And at the moment it is necessary to choose niches quickly, otherwise they will definitely be occupied
08.09.2022
EEF 2022
The Unique Kurils: Investment Opportunities
In order for the investment or operational phase of the project to start, you first need to bring people to the Kuril Islands. You need to buy equipment, start construction, choose a land plot, and so on. <...> As for logistics, especially sea logistics [it is necessary to increase. – Ed.] the number of voyages, the number of ports. Sea logistics near and in the basin of the Kuril Islands is quite complicated. We need synergy of business and state instruments
08.09.2022
EEF 2022
The Unique Kurils: Investment Opportunities
This location [the Kuril Islands – Ed.] is attractive for many. It is a dream for hundreds of thousands of people living in the Russian Federation and abroad. But they are very hard to reach. <...> For investors, they are also difficult to reach. But there are no problems you cannot solve – we have already seen this exemplified by the rest of the Far East. <...> [The Kuril Islands could develop – Ed.] gastronomy and ecotourism, and besides, it is possible to develop fish processing and fishing, waste processing, which is absolutely unnecessary there
06.09.2019
EEF 2019
Ensuring a Sustainable Framework to Attract and Protect Investment: Drawing on Russia and Singapore’s Experience in the Global and Regional Context
From the point of view of investment protection and maintenance of the investor's trust, I consider it very important that the rules of the game remain the same. The investment conditions, under which the investor has decided to implement his or her project have to remain unchanged. If they change, it should not apply to those legal relations that arose before these changes, because it is unfair to the investors who spends their money and make decisions directly based the conditions in which they were at the time
06.09.2019
EEF 2019
Ensuring a Sustainable Framework to Attract and Protect Investment: Drawing on Russia and Singapore’s Experience in the Global and Regional Context
The barrier the investor is facing now is created by an imperfect legal framework. I will highlight two limitations. Insufficient efficiency of the judicial system and long terms of case reviews by arbitration courts. In fact, it makes a company inoperative. It has to cease operations and has to focus on things other than those it should be focusing on
06.09.2019
EEF 2019
Ensuring a Sustainable Framework to Attract and Protect Investment: Drawing on Russia and Singapore’s Experience in the Global and Regional Context
The maximum economic effect and contribution to the economy is made by the territories of advanced development and the free port of Vladivostok. <...> Let's start with the territory of advanced development. This is a preferential regime that exists in 10 regions of the Far East. A total of 20 territories of advanced development have been created. These are certain areas, and even though they have borders, they can be located in several municipalities at the same time. They already have 376 residents. According to the agreements signed with us, they have been declared RUB 2.5 trillion. Approximately RUB 340 billion have already been invested and about 100 companies are already operating there. <...> The Free Port of Vladivostok operates in 22 municipalities in 5 regions. As a matter of fact, the regime covers the entire municipal formation <...> It is popular, with more than 1,400 residents for today, for RUB 780 billion declared projects. About RUB 105 billion has already been invested <...> 150 companies are already operating