A socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, sporting, and cultural events.

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of nationwide and international conventions; exhibitions; and business, public, youth, 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.

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 5,000 people working in Russia and abroad.

The Foundation works alongside various UN departments and other international organizations, and is building multi-format cooperation with 173 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 78 countries worldwide, and 188 Russian public organizations, federal and legislative agencies, and federal subjects.

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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Updating Russia’s Linen Industry
16 February 2018
09:00

Revitalizing the Russian linen industry, which has lost its position in the Russian and global markets over the course of the last two decades, is a top priority of state industrial policy on domestic light industry and one of the key focuses of the light industry development strategy in the short term. Limiting factors in the development of the linen industry are a shortage of quality raw flax fibre, a lack of modern technology for growing and processing flax, and an absence of funds. In order to revitalize the linen industry, approaches to its growth and redevelopment need to be substantially transformed. Creating interregional clusters and organizing cooperation between agricultural producers of flax and the textile industry is one of the first steps to be taken in this direction. How did the present situation faced by the linen industry come about? What proposals are there for concentrating existing support mechanisms provided by the Russian Ministries of Agriculture and Industry, and what new approaches to modernization of the linen industry are available?

Date
16.02.2018
Forum
Russian Investment Forum
Started at
09:00
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