Moscow, June 18, 2020— Sergey Gorkov, General Director — Chairman of the Board of RosGeo, and Andrey Slepnev, Minister for Trade of the Eurasian Economic Commission (EEC), signed a roadmap for collaboration between the Company and EEC within the framework of negotiation process for signature of the agreements on free trade zones.

The purpose of the document is to facilitate the implementation of joint projects with the countries, where the Eurasian Economic Community (EAEU) builds up the in-depth economic and trade cooperation.

“The scope of the foreign contracts completed by RosGeo las year exceeded 3 billion rubles, - said Sergei Gorkpv, the head of RosGeo. - Search and implementation of effective mechanisms to promote the geological services of the Holding of at highly competitive international markets will ensure for us the most comfortable working environment in the priority countries. We are thankful to EEC for the joint work in this area."

RosGeo is is one of the largest and most reputable operators in the field of geological exploration. EEC, in turn, maintains an active dialogue with the business to identify the obstacles to the entry into the markets of the third countries. Jointly with the member-states EEC strives to ensure the most favorable conditions for access of our companies. The free trade zone agreements contribute to strengthening of trade and economic cooperation and expansion of business relations between EAEU and the partner-countries ", - said Andrei Slepnev, the Minister of EEC on trade.

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RosGeo is a Russian multi-disciplinary geological holding that carries out a full range of services related to geological exploration: from regional surveys to parametric drilling and monitoring of subsoil conditions. The holding company boasts a unique expertise, particularly in marine geology and shelf operations. A total of more than 1,000 fields and deposits have been discovered by the holding’s companies, including major hydrocarbon and solid mineral deposits and fields. RosGeo is a fully state-owned company.