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Moscow is a dynamic 10-million capital of the 21st century driven by energy and passion for sports. Moscow enjoys constitutional status as the Federal capital and an autonomous subject of the Russian Federation. The city has its own charter, budget, executive authorities represented by the Mayor and the Government, and legislative body — the Moscow City Duma.
Moscow is the economic engine of Russia, accounting for 1/3 of the country’s total budget, yet occupying less than 1% of its territory. The city is responsible for 30% of the country’s retail trade and 15% of the GDP. In 2005, the volume of foreign investment in Moscow reached an impressive total of $25.2 billion, which is 47% of the aggregate foreign investment in Russia.
Moscow is a city where people of diverse ethnic and cultural origins have been living in peace and harmony for centuries – an historical crossroads of cultures where East meets West. Moscow is home to over 130 nationalities. |