The agreement of fair prosecution was signed between the representatives of Busworld and the managers of Nizhegorodsakya Fair, which is the member of the Global Association of the Exhibition Industry. Experts suggest that Busworld will appear as the additional factor for investment attractiveness of Nizhniy Novgorod Region for foreign investors. For the Russian car industry the Busworld can be the field for receiving unique innovation experience of foreign manufacturers.
The site was chosen by the Busworld management in this year among the potential sites in Moscow, St.Petersburg, Kazan, Samara and Nizhniy Novgorod. The preliminary agreement was signed on November 16 and the main document between the parties will be incorporated in March 2009. According to the document the Nizhegorodskaya Fair will become the co-organizer of Busworld on parity rights with Busworld Europe.