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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What’s next for the global trading system?
1 June 2017

Over the past decade, major economies have launched an unprecedented race to conclude preferential agreements, with their number exceeding 400. The US and the EU were on the verge of megadeals to conclude the Trans-Pacific Partnership and the Transatlantic Trade and Investment Partnership, and proposals are circulating for setting up a global trade regulation system as an alternative to the World Trade Organization. However, on January 23, 2017, the US President signed an executive order on US withdrawal from the Trans-Pacific Partnership. Does this mark the end of globalization in the modern era and the start of a new surge of national protectionism? Does the WTO have a chance to rehabilitate itself in the eyes of global trade parties, or can we expect the US to try and exercise new regulatory tools to govern trade?

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