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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The cashless society to deliver improved economic efficiency and transparency
22 May 2014
11:45

Despite the rapid penetration of banking services and non-cash payments into society, many emerging economies, including Russia, continue to be ‘cash countries’. However, the development of cashless payments improves the transparency of the economy, reduces the cost of business transactions, and increases competition in banking services. How can regulators, payment systems, and banks better work together to reduce the share of cash in circulation and increase card and digital transactions? What can be done to motivate customers to use non-cash payments more widely and thereby accelerate the movement to a ‘cashless society’?

Date
22.05.2014
Forum
SPIEF
Started at
11:45
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