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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, 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, 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 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 179 Russian public organizations, federal and legislative agencies, and federal subjects.

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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Олег Фомичев: Товарооборот между Россией и Великобританией может удвоиться в ближайшие пять лет

State Secretary – Deputy Minister of Economic Development of the Russian Federation Oleg Fomichev took part in the 3rd Russian–British Business Forum in London.

During the Forum, British members of parliament and business representatives came together with leaders from the Russian business establishment to discuss the development of cooperation and innovative sectors of the economy.

Oleg Fomichev noted an increase in the number of meetings taking place between Russian and British business circles and the importance of supporting dialogue of this kind between the two countries, keeping in mind their many years of cooperation. “We are ready to work with major transnational companies, as well as with small and medium-sized enterprises”, the Deputy Minister added.

He noted that, in his view, small and medium-sized businesses drive economic development in every country. In Russia, all necessary mechanisms had been put in place to support these – entrepreneurs in any of Russia’s regions can access a diverse range of government support tools, including subsidies, microloans, loan guarantees, and preferential loans.

The Deputy Minister also highlighted the fact that trade between Russia and Britain has increased. Turnover rose by 25% in the first nine months of 2017, amounting to USD 9.5 billion. “Business between our countries has continued to adapt to new realities in 2017. In agreement with forecasts, business activity between Moscow and London has continued to experience a systematic recovery, with trade turnover between the two countries this year increasing by more than 20%, exceeding USD 12 billion in value”, he said.

If the present trend in macroeconomic indicators is maintained and the potential for trade and investment cooperation realized, trade turnover between Russia and the UK could double over the next five years. “It is important that favourable conditions are in place to both increase and diversify trade”, the Deputy Minister added.

Oleg Fomichev underlined the significance of a gradual recovery in business relations between Russia and the UK.

According to the Deputy Minister, an important business event in 2018 will be the St. Petersburg International Economic Forum (SPIEF), which will take place from May 24 to 26 in St. Petersburg at the ExpoForum Convention and Exhibition Centre. SPIEF serves as a leading communications platform for the discussion of economic issues and brings together participants from around the world.

In addition, Russia’s official residence at the World Economic Forum – Russia House – will be open from January 22 to 26, 2018, serving as a platform for promoting Russian initiatives among leading international business representatives and high-ranking officials.

Source: http://economy.gov.ru

Олег Фомичев: Товарооборот между Россией и Великобританией может удвоиться в ближайшие пять лет