Friday, 17 May
13:30 - 15:30
Hall #2, General Staff Building (6-8, Dvortsovaya sq.)
More than 10 years in Russia there are special legal regimes that provide their participants with exemptions from the current legislation – special economic zones, special administrative areas, regulatory sandboxes, special investment contracts, etc. In the absence of any unified approach to the legal regulation of this ecosystems often investors face difficulties in the implementation of activities in the conditions of contradictory and overlapping investment legislation.
In addition to the redundancy of types of preferential regimes, unsystematic legislative regulation, terminological differences, the most important problem is the unresolved issue of the possibility of combining preferences in the implementation of investor activities simultaneously in several regimes. For example, the absence of a territorial link between the activities of international companies registered in special administrative regions allows such companies, on the one hand, to receive preferences established for a particular territory of the region, and on the other, to carry out activities throughout Russia, while the establishment of the regime implies a focus on the development of the territory in which it operates.
These and other barriers lead to a decrease in the financial interest of investors in the implementation of investment projects and, in general, make it possible to state the inefficiency of the current regulation. Meanwhile, in the world practice, such regimes are an effective tool for stimulating the development of the economy of individual regions and the state as a whole.
During the round table, leading Russian and foreign experts, representatives of public authorities and interested businesses will discuss the problems associated with the establishment of special legal regimes for individual business entities, to develop approaches to reforming the current regulation in order to solve the identified problems, based on the best international practices.
Points for discussion
Director of Private International Law and Comparative Law Research, International and Comparative Law Research Center
State Secretary – Deputy Minister for the development of the Russian Far East and Arctic Region
Deputy Chairman of the Management Board, NOVATEK JSC
Bartlomiej Lukasz Gliniecki
Assistant Professor of the Faculty of Law and Administration, University of Gdansk
Professor, Ural State Law University
Assistant Professor at the Faculty of Law, Sigmund Freud Private University Vienna
Associate Professor of the Faculty of Law, Higher School of Economics
Нead of Competition and Antitrust practice, Ivanyan & Partners
Professor – Acting Head of Administrative and Financial Law Departmentat, St. Petersburg State University
* The Programme may be subject to change
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