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 179 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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Pivot East: Legal Support for Mutual Investments
30 June 2022
10:00—11:30
In 2021, Russia increased its trade with China and South Korea more than any other country save one. Trade between China and Russia was valued at USD 146.887 billion – a 35.8% increase compared to the year before. And in the first 9 months of 2021 alone, trade with South Korea grew by 60%, reaching a record USD 30 billion by the end of the year. In 2019, Russia was named one of the ten leading countries in EY’s European Attractiveness Survey, resulting in a 3.5-fold growth in direct investment in Russia. This trend continued in 2021, with direct investment in Russian companies reaching USD 30.7 billion – a 3.8-fold increase. Over the last few years, Russia has done much to expand cooperation with its eastern neighbours. There are numerous examples of significant investment projects which have benefitted from government support from the three nations. And in light of the current situation, Russia has every chance to boost cooperation with China and South Korea in 2022.
• Legal regulation of foreign investment in Russia. Current mechanisms and new initiatives by the Russian government.
• Sanctions and their impact on the investment climate: restrictive measures, or new opportunities?
• Financial settlements and currency restrictions: to what degree are these factors critical with regard to investment, imports, and exports? What are the prospects for making transactions in national currencies?
• Legal guarantees and protecting the interests of foreign businesses in an era of change.
Date
30.06.2022
Forum
St. Petersburg International Legal Forum
Started at
10:00—11:30
Conference hall
Congress Centre, conference hall D4
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