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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Transformation of Cooperation Chains: New Opportunities and Prospects
17 June 2022
10:00—11:15
Unprecedented sanctions have severed the working ties and connections it took Russian industry years to establish. In order to prevent shortages of raw materials and components, global value chains must be transformed – and building new economic relations with industrial enterprises from friendly countries should be given special attention, especially those within the EAEC and the Union State. However, a significant number of the working ties that existed with friendly countries were severed in the 1990s and have yet to be fully restored. Moreover, the transformation of global value chains has led to a decrease in cooperation between EAEU countries in most industries over the past 5 years. This has been especially pronounced in the production of electrical equipment, machinery, metallurgy, and in the chemical industry – mutual supply trends in these areas show negative values. Should we establish new domestic enterprises for the production of import-substituting products or would it be more profitable to build production chains with enterprises from friendly countries in possession of the necessary competencies? What customs-related, infrastructural, logistical, and other barriers are hindering the strengthening of swift industrial cooperation with friendly countries? How can we stimulate industrial cooperation between domestic enterprises and friendly countries? How can the supranational economic structures of the EAEU and the Union State contribute to strengthening working ties between member countries under pressure from sanctions? How can we establish a process for information exchange on major investment projects between industrial enterprises within the EAEU and the Union State?
Date
17.06.2022
Forum
SPIEF
Started at
10:00—11:15
Conference hall
Congress Centre, conference hall B4
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