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 159 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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Russia–Japan
5 June 2021
10:00—11:15
KEY CONCLUSIONS
Coronavirus pandemic did not hinder economic cooperation between Russia and Japan

Despite a difficult year, we managed not only to continue existing projects but were even able to launch new ones. An express test for coronavirus was created, and a container train with Japanese goods was launched for the first time on the Trans-Siberian Railway. Construction began on a centre for preventive medicine in Khabarovsk. The Japanese company Fanuc opened an engineering centre in Skolkovo. Future plans include the creation of liquefied natural gas trans-shipment complexes in Kamchatka and the Murmansk region and the construction of an ion therapy centre for cancer treatment in Obninsk. We are preparing to enter new and promising tracks in hydrogen energy, climate change, the creative economy, and e-commerce — Maksim Reshetnikov, Minister of Economic Development of the Russian Federation.

Japan has been and remains our most reliable partner, a partner in a variety of areas. In terms of investments, this includes, of course, the further development of projects with Mitsubishi and Toyota Tsusho. Mitsubishi has placed its headquarters in Kaluga this year, and together with Peugeot Citroën has been working with us since 2009. Along with Volkswagen and Volvo, it makes up the core of the automotive cluster, which accounts for 12% of the automobiles produced in the country today — Vladislav Shapsha, Governor of Kaluga Region.

We operate a wonderful plant built in Tatarstan by Mitsubishi and Sojitz. I must say that Japanese equipment has proved its reliability. We are very pleased with this plant. Its capacity is 720 thousand tonnes of ammonia and methanol. We are grateful for your contribution — Roman Trotsenko, Founder, Chairman of the Board of Directors, AEON Corporation.

Foreign trade between Japan and Russia reached 50 million tonnes last year. This is 5.5% growth from 2019. This year, we have noted a steady growth in transit freight traffic — 40% — Sergey Pavlov, First Deputy Managing Director, Russian Railways.

We launched our machining shop for Mazda engine parts. It was a very difficult start, given that cooperation was interrupted, and we could not communicate directly. On the other hand, however, we have introduced a lot of interesting digital communication methods. [...] Thanks to such mobile cooperation and even VR technologies, we still managed to launch production — Vadim Shvetsov, Director General, PJSC Sollers.

The new environment has pushed countries to seek new resolutions to overcome challenges

The coronavirus pandemic has forced us into many challenges. But at the same time, it has highlighted, illuminated in a new way some of the problems that we had seen and been aware of even before the epidemic. These are the problems of healthcare, energy, and digitalization. It seems to me that now is the moment for us to start new cooperation in these areas, especially in healthcare — Hirosi Kajiyama, Minister of Economy, Trade and Industry of Japan.

Our trade and economic work together probably suffered a little from that period of forced isolation. [...] Nevertheless, I certainly believe that the crisis is pushing us to search for new ways to create benefits for our consumers — Alexey Repik, Chairman, Russian-Japanese Business Council; President, Delovaya Rossiya (Business Russia); Chairman of the Board, Group R-Pharm .

ISSUES
Russia and Japan face similar environmental challenges while developing economic cooperation

Amid the growing trend of decarbonization, in October of last year, Japanese Prime Minister Yoshihide Suga announced a goal aimed at achieving carbon neutrality by 2050. Moreover, the goal is to reduce 2013 levels of greenhouse gas emissions by 46% by 2030. Achieving these targets will require that Japanese industry be heavily involved and adaptable — Shigeru Murayama, President of the Japan Association for Trade with Russia and the NIS (ROTOBO); Chairman of the Board of Directors, Kawasaki Heavy Industries, Ltd..

It is of great significance that President Vladimir Putin in his address to the Federal Assembly set the task of significantly limiting the accumulated volume of carbon emissions in our country just as similar goals were set by the Prime Minister of Japan, Mr. Yoshihide Suga, for the Japanese economy — Alexey Repik, Chairman, Russian-Japanese Business Council; President, Delovaya Rossiya (Business Russia); Chairman of the Board, Group R-Pharm .

Natural gas, which can reduce carbon emissions, is a very important resource of which Russia is a leader. The unification of these Russian resources and the Asian market is just one area of promise for us — Hirosi Kajiyama, Minister of Economy, Trade and Industry of Japan.

Russian business needs to attract investment

The demand for equipment and the demand for capital both remain in Russia. Russian capitalism, in the positive sense of the word, is young, and there is little national capital in the country. Interest rates on loans remain very high, and the requirements of the national bank, the Central Bank of the Russian Federation, to credit policy remain stringent — Roman Trotsenko, Founder, Chairman of the Board of Directors, AEON Corporation.

There are forecasts that the Russian economy will resume growth this year and ultimately grow by more than 3%. Japan also aims to recover as soon as possible from pandemic-related failure. For this, of course, the primary and first step to build a healthy and sustainable post-covid society across the globe, will be to work together with Russian partners on the basis of the eight-point plan — Masami Iijima, Representative Director, Chairman of the Board of Directors, Mitsui & Co., Ltd..

SOLUTIONS
Avoiding sanction-related restrictions

The challenge is to move the financing relationship between Japan and Russia outside of these sanctions. For example, financing in euros or in yen. This would be very positive and would allow us to take advantage of the cheap rates on loans in Japan in Russia — Roman Trotsenko, Founder, Chairman of the Board of Directors, AEON Corporation.

Healthcare and energy partnership

New areas are emerging. For us it is hydrogen and ammonia; it is the capture and storage of carbon, carbon dioxide, and its use as a resource. Here, it seems to me, we must increase our work together — Hirosi Kajiyama, Minister of Economy, Trade and Industry of Japan.

The health sector is the first item in the eight-point economic cooperation plan. I think that our countries should increase cooperation in this area — Shigeru Murayama, President of the Japan Association for Trade with Russia and the NIS (ROTOBO); Chairman of the Board of Directors, Kawasaki Heavy Industries, Ltd..

We believe that Japan can help achieve the goal of increasing healthy life expectancy set by the government of the Russian Federation — Fumiya Kokubu, Chairman, Japan-Russian Committee for Economic Cooperation, Federation of Economic Organisations Keidanren; Chairman of the Board of Directors, Marubeni Corporation.

The material was prepared by the Russian news agency TASS