The last few years have been a challenge for international cooperation, which has had limited effectiveness in solving the key tasks of national and international development. On the one hand, the coronavirus crisis has exacerbated existing structural and short-term problems, widening the gap between richer and poorer members of the international community. On the other hand, however, the present crisis provides an opportunity not only to reset the global economy but also to modernize its structure in the name of more equitable and sustainable growth and development, removing a significant number of redundant constraints. In view of this, establishing effective international cooperation through leading multilateral platforms such as the G20 and the working groups operating under its aegis is becoming an increasingly important factor in development. The Business 20 (B20) is a social partner of the G20, representing the interests of business and working via consensus to develop concrete proposals for G20 leaders aimed at shaping global policy to overcome the key challenges of our time. The B20 Regional Consultation Forum is held jointly by the chair of the B20 for 2021, the General Confederation of Italian Industry (Confindustria) and the Russian Union of Industrialists and Entrepreneurs (RSPP). Heads of major companies and business associations, senior officials of G20 member countries and heads of international organizations will discuss draft B20 recommendations for G20 leaders in areas such as trade and investment, energy and resources, education and the labour market. What effective steps should be taken to overcome the current challenges and contradictions in the global economy? What should form the basis for cooperation between governments and business in bridging existing gaps and ensuring sustainable development? How can the effectiveness of tactical decision-making and the adaptability of the economic growth model be maintained while observing a balance of interests? The results of the discussion will be considered when finalizing the B20 recommendations, which will be agreed in time for the B20 summit and presented to the G20 summit in autumn 2021.
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 180 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 81 countries worldwide, and 186 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, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation:roscongress.org.