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 188 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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News
17.06.2022

The Right to Defence: Business in Russia and Abroad

Key conclusions

 

The prosecutor’s office is responsible for improving existing mechanisms to protect the rights of businesses and maintain a favourable investment climate

“My position is unchanged – there need to be fewer inspections. And they must be reduced. We will ensure this happens through all legal methods and means available to us,” Igor Krasnov, Prosecutor General of the Russian Federation.

“The development of entrepreneurial activity – both at home and abroad – undoubtedly depends on the level of legal protection that exists. In this context, the quality of legislation providing protection in this area plays a decisive role, as does its ability to address modern challenges through the effective application of appropriate civil and criminal law mechanisms. These mechanisms are tasked with preventing phenomena which may hinder the development of free enterprise. <...> With this in mind, raising the level of protection for businesses... is consistently front and centre of Armenia’s legal reforms,” Artur Davtyan, Prosecutor General of the Republic of Armenia. 

“The prosecutor general’s office [in Egypt – ed.] has a prosecutor specializing in cases related to trade and finance. <...> This prosecutor also has expertise in other key offences which are directly related to economic offences. These include cybercrimes. <...> The prosecutor general must... protect investors from all crimes and contribute to... protecting the investment climate,” Hamada El-Sawy, Prosecutor General of the Arab Republic of Egypt.

 

PROBLEMS

 

The creation of artificial barriers and pressure from law enforcement 

“We also understand that artificial encumbrances have disrupted a great many supply chains in our country. Unfortunately, this has sometimes resulted in traffic jams stretching back kilometres and queues of lorries at the border. This in turn has a bearing on the prices of specific goods... and increases the risk of social tension,” Igor Krasnov, Prosecutor General of the Russian Federation.

“Of course, the work being done today on overseeing banks in relation to unreasonable loan interest hikes is very important. That’s particularly the case for fixed rates. <...> Customs is a particularly important area, especially in the context of the current crisis. While we experienced issues in the past, today it is becoming absolutely vital to make things fast and transparent,” Boris Titov, Presidential Commissioner of the Russian Federation for the Protection of Entrepreneurs’ Rights.

“What do we need to work on? Of course, we can still see a high amount of pressure on business exerted by law enforcement. And the second issue that’s worrying entrepreneurs is, of course, unjust decisions on the part of the commercial court system,” Alexander Kalinin, President, OPORA RUSSIA All-Russian Non-Governmental Organization of Small and Medium-Sized Businesses. 

 

SOLUTIONS

 

Reducing the time taken to clear goods imported by businesses, employing a more flexible approach to punishing business violations, and analysing pre-trial appeals in order to identify and address the most contentious requirements

“We need to minimize the time taken to clear goods imported by businesses. Customs control and clearance should be done at the final point of delivery. Our legislation, incidentally, makes allowances for this. <...> Of course, at the same time, we should push ahead with efforts to develop criteria upon which companies are subjected to customs control. A risk-based approach should be factored in here. <...> We have come up with the corresponding proposals, and these are currently being worked on. <...> And when business violations are identified, a more flexible approach to punishment needs to be taken. <...> Today, work is also under way on a system allowing for the deferral of fine payments in cases where there was no significant loss or harm caused to people’s lives or health. Another key aspect... is the digitalization of state and municipal services provided to entrepreneurs. This can help eliminate the risk of corruption, as well as avoid delays on the part of officials,” Igor Krasnov, Prosecutor General of the Russian Federation.

“We want to use statistics and analyse appeals... made at the pre-trial stage to identify the requirements which are most difficult to adhere to, or which are the most contentious or conflicting. Once this is done, we aim to work together to iron them out, including by using the well-known regulatory guillotine,” Alexey Khersontsev, State Secretary – Deputy Minister of Economic Development of the Russian Federation.

 

 

For more information, visit the Roscongress Foundation’s Information and Analytical System at roscongress.org/en

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