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 162 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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Russia House in Davos Cancelled

The Roscongress Foundation has stopped preparing business programme events for the Russia House project in Davos due to the restrictions imposed on participation of Russian businessmen in the World Economic Forum.

On 13 November Dmitry Medvedev made the first announcement that Russian public officials and parastatal companies may refrain from participating in the World Economic Forum in Davos. This statement was made in response to the organizers of the Forum in Davos pronouncing participation of Russia’s most important business people in the WEF unwelcome. By making this decision the WEF organizers resort to preposterous and destructive excuses to undermine foundations for business cooperation, which took them decades to forge. These disputes cannot be conducive to building a platform for efficient and fruitful dialogue between representatives of different countries in Davos.

Amidst the preparation for the project, the Roscongress Foundation’s staff spoke to many members of the Russian and international business communities, who expressed their concern regarding evident pretentiousness of the WEF leadership, therefore they didn’t plan to attend the World Economic Forum.

Despite this, global economy and its impact will be discussed during the
St Petersburg International Economic Forum in 2019, which will take place on
6–8 June in St Petersburg and is expected to host representatives of all
countries regardless of their political views.

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