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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Kaliningrad governor calls for greater regional independence following Sochi investment forum

Russia’s regions need greater independence in decision-making on how to spend their budgets, acting Kaliningrad Region Governor Anton Alikhanov told the TASS news agency as part of comments on the results of the Russian Investment Forum in Sochi.

«The vast majority of powers financed by regional budget funds are envisaged by federal laws. At the same time, the region does not have the ability to reduce the scope of these powers, redistribute budget funds for other purposes or introduce criteria for selecting the recipients of budget funds, for example to ensure the principle of targeted social support», Alikhanov said.

«Matters concerning the provision of medicine to the public are fully regulated by federal legislation, from determining the names of diseases for which citizens are granted public social assistance in the form of free medicine to naming the drugs», he said.

The situation is the same with matters concerning the provision of living accommodation for orphans, social payments for certain groups of citizens and registering the non-working population for which health insurance is provided from the funds of the regions, he said.

«The registration of the non-working population for health insurance is fully regulated by the relevant federal law in which the wording creates conditions where Russia’s regions incur substantial additional expenses for the portion of the population that is not officially employed and evades taxes. So from the standpoint of the federal authorities the non-working population consists of the entire population for which contributions to social funds are not paid», Alikhanov added.

Губернатор Калининграда после инвестфорума в Сочи выступил за большую самостоятельность регионов