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 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 133 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 70 countries worldwide.

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News
02.09.2019

Roscongress Foundation Prepares Analytics on Foreign Trade Relations between Russia and India Ahead of EEF

In preparation for EEF 2019, the Roscongress Foundation and the International Trade and Integration (ITI) Research Centre have prepared the ‘Foreign Trade Relations between Russia and India Today’ analytical digest. The material has been published in the Analytics section of the ROSCONGRESS.ORG Information and Analytical System.

The digest provides an overview of current trends and nuances in trade and economic cooperation between Russia and India. Special attention is paid to opportunities for capacity building in cooperation between the two countries.

According to calculations based on data from the Federal Customs Service, the value of Russian exports to India increased by 20.1% in 2018 and amounted to USD 7,750,000,000. Indian exports to Russia came to USD 2,330,000,000, which is 8.9% more than the previous year and in keeping with total Indian export growth.

A positive trend may be observed in foreign direct investment from India and in projects for the localization of production within Russia.

The growth of mutual trade and diversification of the commodity structure between Russia, as a member state of the EAEU, and India will be facilitated by the signing of the EAEUIndia free trade zone agreement, which is currently in the negotiation stage.

It should be remembered that India is set to become guest country of the 5th Eastern Economic Forum. The Forum will be attended by a representative delegation from India led by Prime Minister Narendra Modi. Indian delegation participation will involve a ‘Russia-India’ business dialogue involving leading entrepreneurs from the two countries, a presentation of India’s economic, industrial, tourist, and cultural potential, and a special country stand.

For more details about the 5th Eastern Economic Forum programme, please see the official forum website or the event page on the ROSCONGRESS.ORG information and analytical system.

Analytics on the topic