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 155 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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Globalization, Protectionism and Technological Security: Finding the Right Balance
3 June 2021
15:00—16:15
KEY CONCLUSIONS
Global companies adapt to local rules

Today technology vendors, technology leaders, especially the companies working at the cybersecurity market, have to <…> register more than one company and often to localize companies at the markets that traditionally <…> close the market or in a particular way enclose the cybersecurity market. <…> Countries are trying to protect their territories, data, citizens and not only citizens. Such protectionism is mostly justified — Elena Bocherova, Executive Director, Akronis-Infosecurity.

As far as transport is concerned, almost all countries have their own legislation, and they vary greatly. For example, in Russia <…> the car is licensed rather than the driver. And in Israel it is the opposite. <…> It highly depends on what a country is striving for in general. <…> Many of them introduced rules against ride-hailers, some of them banned Uber — Anatoliy Smorgonskiy, General Director, Gett in Russia.

International partnerships are crucial

Both national and global businesses can be successful. Everything depends on the chosen issue and area. <…> Our experience shows that in some cases some partnerships play a key role, and without cooperating closely with Apple, Microsoft, Google <…> we probably would not be able to bring our products to the public — Nikolay Dobrovolskiy, Co-Founder, Vice President, Parallels.

We do diagnostics, and this <…> provides us with a very good understanding of where the main interests lie, as well as the main opportunities for cooperation and partnerships. <…> Fourteen months ago, no one knew about COVID, and 9 months later a vaccine was created. <…> Such achievements rely on the strength of partnerships. They are crucial for all countries — Joshua Phoho Setipa, Managing Director, United Nations Technology Bank for Least Developed Countries.

ISSUES
Regulation lags behind technology

We have created a unique identification system that allows anyone to open a brokerage account in a few seconds. But it relies on the Russian state identification system. <…> If we want further development, we need to build a similar identification system, but an international one. <…> We need a solution on the legislation, regulation level that will allow Russian professional participants, Russian banks to identify international clients. <…> Crypto exchanges somehow solve the problem of identifying customers from different jurisdictions. This means that <…> there are technological solutions. We are talking about the relation between technology and legislation — Roman Goryunov, Chairman, Russian Trading System Stock Exchange .

Brain drain

For some reason, we give up our people very easily. <...> The question should be the following: how to make sure that projects that develop to advanced, mature stages remain in Russia — Maria Lapuk, Co-founder, Blanc.

Small capacity of the Russian IT market

Russian market accounts for around 1% in terms of software <…> maximum. <…> That is why if you start doing something, you need to focus on the global market — Dmitry Shushkin, Chief Executive Officer, ABBYY Russia.

We can see the state efforts aimed at development of the Russian IT market. <…> But <…> 1–2% of revenues (compared to global companies) do not really allow to make a great product — Sergey Solovyev, General Director, Chairman of the Management Board, T1 Group.

The state does not really help companies to go abroad. <…> While testing a hypothesis on the foreign market will cost a Russian company its life, it will be very difficult for us to make global products — Sergey Solovyev, General Director, Chairman of the Management Board, T1 Group.

SOLUTIONS
Well-balanced legislation

We [Russian production companies, Ed.] certify our products, pay VAT, pay fees, we do all that. There is a segment in the Russian market in which our Chinese colleagues are not obliged to do a lot of these things. <…> From the point of view of such companies, they just need to create a level playing field with other companies. This can be called protectionism, but we just need a level playing field — Daniil Fedorov, Chief Operating Officer, Ozon.

Many Russian-speaking people built large global companies after leaving Russia. Telecom is one of the industries that is not ‘killed’ by additional regulation. <…> Thanks to this telecom, we now launch various digital products. If there was no cheap and stable Internet access, where would the transformation be? <...> We need to establish stable rules that will not change every two years or every six months — Anatoliy Smorgonskiy, General Director, Gett in Russia.

Russian IT companies should keep the global market in mind from the beginning

When your product is competitive <…> on the international market, it is much easier to localize it, to get corresponding certificates — Elena Bocherova, Executive Director, Akronis-Infosecurity.

It is clear that there is a vast political agenda; in my opinion, building a business on technological imbalances between markets is also a pretty good idea — Maria Lapuk, Co-founder, Blanc.

Russia can offer its technologies on global markets

For Russian companies, especially those that are going abroad after having built a business in Russia, state help could be useful for <...> promoting an alternative proposal. If the US turn everyone onto their software, China turns everyone onto its hardware, then Russia <...> could offer solutions, digital services that we have already created and are producing here. <…> This would be a good alternative to what already exists on the market. It is better to start moving in this direction not in the USA, although it is a huge market, but it is very sensitive to the origin – but in the Middle East, Southeast Asia, Africa <...> and even in Japan — Dmitry Shushkin, Chief Executive Officer, ABBYY Russia.

The Russian state should take an active part in financing Russian vendors who develop products, and admit their right to make mistakes — Sergey Solovyev, General Director, Chairman of the Management Board, T1 Group.