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 163 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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Making Russia more attractive as a jurisdiction for investor
15 February 2018

An enormous amount of work has recently been carried out to improve Russia’s legal system. This includes large-scale reforms of the Civil Code and changes to the commercial arbitration system. Reforms to oversight are also being introduced. Modern legal standards have been introduced to the Russian system, allowing even the most complex investment projects to be realized. Assurances and guarantees, escrow accounts, shareholder agreements, and many other legal instruments are already part of legal reality in Russia. The speed and efficiency of the commercial arbitration process in Russia are the result of organizational changes to state courts, as well as reforms to the procedure for setting up arbitration courts and the expansion of their authority, among other modifications. All of these changes are the subject of widespread discussion in the legal world. Despite this transformation, however, business owners and senior managers in Russian companies are often still imprisoned by myths about the exclusivity of English law. What are the strengths of the Russian legal system? What new opportunities for business are there within the jurisdiction of the Russian Federation? How successful have measures introduced to reduce administrative pressure on business proven to be? What impact is the increasing appeal of Russia as a jurisdiction having on attracting investment?

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