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, helps foster social entrepreneurship and charitable initiatives, and supports the development of the Friends for Leadership international youth movement, which is working to implement the UN Sustainable Development Goals.

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 163 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 76 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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P-20: how can Russia join the list of attractive countries for investment?
3 June 2017

Investment in advanced scientific research and pharmaceutical manufacturing could create an important stimulus for the development of the Russian economy. Worldwide, pharmaceutical companies are investing around USD 140 billion in R&D annually. In order to join the list of countries considered to be attractive from an investment point of view by the pharmaceutical industry (the Biopharmaceutical Competitiveness and Investment Survey), the following criteria must be fulfilled: a stable economy, favourable legislation and tax regulations, a high concentration of intellectual resources, a good medical and pharmaceutical education system, and a highly productive workforce. To date, Russia has yet to be ranked among the top 20 in the survey. What measures can be taken to enable Russia to join the list of the most attractive countries for pharmaceutical investment? How can the priorities of Russia’s Scientific and Technological Development Strategy be realized in the areas of high-tech healthcare and pharmaceuticals? What barriers need to be overcome in state regulation of the pharmaceuticals market in order to expand access to medicines and increase investment attractiveness? How can more effective outcomes from scientific research in Russia be achieved?

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