A socially oriented non-financial development institution and a major organizer of international conventions, congress, exhibitions, business, social and sporting, public, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, sporting, and cultural events. It was established in pursuance of a decision by the President of the Russian Federation.

The Foundation was established in 2007 with the aim of facilitating the development of Russia’s economic potential, promoting its national interests, and strengthening the country’s image. One of the roles of the Foundation is to comprehensively evaluate, analyse, and cover issues on the Russian and global economic agendas. It also offers administrative services, provides promotional support for business projects and attracting investment, and helps foster social entrepreneurship and charitable initiatives.

Each year, the Foundation’s events draw participants from 208 countries and territories, with more than 15,000 media representatives working on-site at Roscongress’ various venues. The Foundation benefits from analytical and professional expertise provided by 5000 people working in Russia and abroad. In addition, it works in close cooperation with 160 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

The Roscongress Foundation has Telegram channels in Russian (t.me/Roscongress), English (t.me/RoscongressDirect), and Spanish (t.me/RoscongressEsp). Official website and Information and Analytical System of the Roscongress Foundation: roscongress.org.

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Comparing business missions in the Russian Federation, United Kingdom, United States and France

The study, prepared by the Moscow state University named after M. V. Lomonosov together with the Roscongress Foundation, is a comparative analysis of how the Russian Federation, United Kingdom, United States and France aim to increase the export trade turnover of high-tech goods using their national business missions.

The study notes that the Russian Export Center (REC) is one of the key organizers of business missions in the Russian Federation. Its records identified over 100 export-oriented meetings, including 17 business missions, held in 2018. Russian business missions are organized around the paradigm of the following goals: developing exports and international cooperation, attracting international investment, technology transfer, and improving national reputation. The Russian approach to organizing business missions has several strengths, including centralized support of exporters, a high-level of comprehensive assistance for exporters, and a high level of cooperation between central offices and representative offices abroad.

However, the study also identified areas where organizing Russian business missions could be improved, including: developing assistance programmes to encourage SMEs lacking international experience to enter foreign markets; establishing closer relations between government institutions and SMEs; and studying the unique characteristics of the national cultures at which these business missions are targeted.

According to the overview’s authors, business missions further on should focus on developing and implementing instruments for managing the complete lifecycle of scientific research and designs, increasing the effectiveness of their future practical application, and commercialization on both the national and international levels.

Analytics on the topic