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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Sanctions and Civics
28 June 2022
13:00—14:00
In the current environment, Russian and foreign market participants are experiencing a crisis in economic relations. The unprecedented nature of the restrictive measures introduced (sanctions and counter-sanctions) entails serious changes to the surrounding economic landscape: disruptions to supply chains, increased complexity in relations with counterparties, and rising prices for capital, materials, and equipment. All of this affects the overall ability to do business in such challenging times and, in particular, the ability to execute contracts on previous terms. This session will discuss the impact of sanctions restrictions on contractual obligations, the possibility of their adaptation or termination, and issues related to liability for failure to perform contractual obligations as a result of sanctions restrictions.
Date
28.06.2022
Forum
St. Petersburg International Legal Forum
Started at
13:00—14:00
Conference hall
Congress Centre, conference hall E11
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