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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Dates of the First Russian–Indian Economic Forum to Be Announced Later

Due to the intense schedule of international events, at the initiative of the Indian side, a decision was made to postpone the First Russian–Indian Economic Forum. The date and site of the event will be announced later.

A number of bilateral events with the participation of Russian and Indian governments is scheduled for the near future. A representative Indian delegation headed by the Indian Minister of Commerce and Industry Suresh Prabhu will take an active part in the Eastern Economic Forum, which will be held on 11–13 September in Vladivostok. On 14 September the meeting of the Russian–Indian intergovernmental commission will be held. Discussions of cooperation in the agricultural, transport, energy, industrial sectors, innovative technologies and interregional cooperation will take place. 

India is one of Russia's leading trade partners. By the end of 2017, mutual trade reached nearly $10 billion. In the first half of 2018 it was worth $5.5 billion. The Russian President Vladimir Putin and the Indian Prime Minister Narendra Modi have set a goal to increase mutual trade between the countries to $30 billion by 2025. This will be facilitated by the elimination of existing restrictions and barriers, development of top-priority investment projects, strengthening of interregional cooperation and a number of other actions.

Russian business is quickly expanding its presence on the Indian market: in addition to the traditional sphere of the military-industrial complex, Russian energy, transport and logistics, industrial production, trade and tourism companies are represented on the Indian market. Indian companies also opened production units in Russia specializing in pharmaceuticals, agroindustry, gem-cutting, textile and mining industries.

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