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On the first official day of the St. Petersburg International Economic Forum, the Roscongress Foundation signed four cooperation agreements under which Russia’s regions will be able to utilize the resources offered by the organizer of the country’s largest convention and exhibition events in order to search for investors and partners in Russia and abroad, strengthen their image, and evaluate the effectiveness of projects.

The Economic Development Agency of the Leningrad Region, the Yenisei Siberia Development Corporation, the Development Corporation of the Republic of Bashkortostan, and the Regional Development Agency of the Kaluga Region will be granted broad access to the sites of the Roscongress Foundation’s largest events. These include the St. Petersburg International Economic Forum, the Eastern Economic Forum, the Russian Investment Forum, and Russian Energy Week, among others.

The Foundation also promises to help strengthen their positive image through its information channels and to actively engage analysts and experts, including specialists from RC-Investments Foundation, to assess the investment appeal and economic efficiency of new projects in a particular territory or with the involvement of multiple regions.

«The signing of cooperation agreements is another step towards building an effective system that will help the Russian regions fulfil their enormous economic and human potential», Roscongress Foundation Chairman of the Board of Directors and CEO Alexander Stuglev said.

A letter from the regional development institutions was signed by Economic Development Agency of the Leningrad Region CEO Andrey Sergeyev, Yenisei Siberia Development Corporation CEO Sergey Ladyzhenko, Development Corporation of the Republic of Bashkortostan CEO Rail Sarbayev, and Regional Development Agency of the Kaluga Region CEO Nikolai Andreyev.