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

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Forging the New Global Supply Chain Architecture
24 May 2018
16:45—18:00
KEY CONCLUSIONS
Supply chains determine the future of the global economy

Creating a new supply chain can determine the future of the global economy in the most significant way. <...> We want to hope that this will be a multilateral system. <...> We want the supply chains to be effective so that the world could develop steadily — Akhtar Shamshad, Under-Secretary-General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP).

Supply Chain Optimization is a Key Factor of Business Profitability

Any elimination of unnecessary elements in the chain saves both time and money. You can make money by optimizing bureaucratic procedures and document circulation — Veronika Nikishina, Member of the Board (Minister in charge of Trade) of the Eurasian Economic Commission. .

Supply chain is a living mechanism

The supply chain responds to the impact of all market forces, it's a living chain — Alexis Rodzianko, President, American Chamber of Commerce in Russia.

ISSUES
Protectionism and sanctions

In the past few years, protectionism and sanctions have been a given such a permanent status is our world that makes us rethink the industrial and trade policies of a number of countries, that sometimes refusing to liberalize their market in favour of protectionism — Veronika Nikishina, Member of the Board (Minister in charge of Trade) of the Eurasian Economic Commission. .

Transport joints require standardization

The world is accelerating. <...> Acceleration occurs by reducing the time at the sutures at changing transportation modes. It is very important that this takes place during the interaction between several companies and that interaction becomes standard — Alexandrs Isurins, Chairman of the Executive Board, President, Far Eastern Shipping Company (FESCO) .

Delivery period is impeded by bureaucratic obstacles

We need to get all kinds of permits, certificates, sign all sorts of declarations. And as a result, while you are signing all this, you lose time. And it's not even in the different languages spoken by people. This carries additional costs, while the process itself slows down. The main task therefore is to act on anticipation — Sultan Ahmed Bin Sulayem, Group Chairman, Chief Executive Officer, DP World.

SOLUTIONS
Optimization of supply chains through development of new technologies

Automation and robots will save mankind from the need to transfer production to those areas where labour is cheap. The Internet of Things, i.e. the ability of automatic systems to communicate between themselves, will directly reduce the transaction costs that are now burdening the international supply chains. In the leading countries of the world now there are 3 robots per person, and in Korea in the next 10 years their number will double — Akhtar Shamshad, Under-Secretary-General of the United Nations and Executive Secretary of the Economic and Social Commission for Asia and the Pacific (ESCAP).

The world of supply chains has been transformed under the influence of new technologies. <...> Digitalization can optimize all kinds of interactions. <...> We believe that this will improve productivity significantly. <...> We carefully study blockchain. When the goods are transported from one place to another, it is necessary to ensure the information stays unaltered. But we need to finalize the blockchain technology so that it’s not so expensive — Florence Verzelen, Executive Vice-President for Industry Solutions, Marketing, Global Affairs and Communications, Dassault Systemes SE.

We set the task to arrange delivery (of medicines - ed.) to the most remote regions where there are no pharmacies. We made up a whole chain of computers, aviation, and distribution centres. We can ensure that drones deliver the drug under certain temperature control conditions. <...> This is a completely new technology that we have not encountered before — Yossi BenAmram, President, Europe, Russia, Africa and Middle East (EURAM), MSD.

Looking for a balance between import substitution and liberalization

Protectionism should not affect the trends of regionalization and globalization that have developed in world trade. <...> A neat balance must be found between import substitution, which is a response to protectionism and sanctions. It is a trend towards the liberalization of world trade, which should again be on the agenda of trade policies of our countries — Veronika Nikishina, Member of the Board (Minister in charge of Trade) of the Eurasian Economic Commission. .

Optimization and digitization of customs procedures

Under this new reality customs should be smart, fast, saturated with information, fair and it should promote business. Currently, 100% of customs declarations in the Russian Federation are filed electronically. The next condition is to maintain constant contact with our declarants and participants in external economic activity. It is also necessary to build partner relations with our colleagues abroad. Currently, there are 296 basic agreements in the customs sphere. <...> Ultimately, we will be able to create a digital environment where all commodity flows will be recorded and in which any violation, for example the appearance of counterfeit products, will leave an electronic trace, which will result in immediate action — Vladimir Bulavin, Head, Federal Customs Service of the Russian Federation.

Development of logistics and transport infrastructure

Great opportunities open up for the Russian economy. Russia wants to find new growth points in addition to oil and gas. Logistics and infrastructure projects are precisely the areas where it needs to be done. <...> This way it will be possible to simplify processes and increase life expectancy of Russians. And this is one of the goals announced by President Putin — Yossi BenAmram, President, Europe, Russia, Africa and Middle East (EURAM), MSD.

The material was prepared by the Russian news agency TASS