A socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

The Roscongress Foundation – a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and sporting, public, and cultural events.

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 126 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 69 countries worldwide.

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Tembinkosi Bonakele

Tembinkosi Bonakele

Commissioner, Competition Commission of South Africa
Quotes
06.06.2019
SPIEF 2019
A Substantive Dialogue Between Global Pharmaceutical Players and BRICS Economies on the Rules of Fair and Equitable Competition
The two multinationals involved [in an unfair pricing case] – GSK and PI – settled with us on the terms that they would allow manufacturers to sub-license local manufacturers to produce these [HIV] drugs in South Africa, not just for the South African market, but for the regional market. <...> In the immediate aftermath of the settlement – within three years – we saw a price drop of over 50%. We also saw a significant increase in the purchasing of these drugs by the state. <...> With the intervention, we saw life expectancy improving in South Africa by an average of about 10 year, from about 51 to somewhere about 61 for HIV-AIDS-affected people. <...> We have seen a lot of babies being born HIV-AIDS-free, being born by HIV-positive parents