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

The Roscongress Foundation is a socially oriented non-financial development institution and a major organizer of international conventions; exhibitions; and business, public, 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, 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 155 economic partners; industrialists’ and entrepreneurs’ unions; and financial, trade, and business associations from 75 countries worldwide.

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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Alexey Chekunkov

Alexey Chekunkov

Minister for the Development of the Russian Far East and Arctic
Quotes
05.06.2021
SPIEF 2021
‘Tourism and the Hospitality Industry’: New Investment and Technological Opportunities for the Sector
We really need to double the number of rooms. Today, the Far East has about 2,000 hotels [...] Of that number, only 10% have at least one star, and the average number of rooms is 25 per building. So, they are very small facilities [...] We need to build new, larger, and better facilities. We are doing this
05.06.2021
SPIEF 2021
‘Tourism and the Hospitality Industry’: New Investment and Technological Opportunities for the Sector
In many places [in the Far East and the Arctic], the principle of ‘vacationers are responsible for their own vacation problems’ still remains [...] The price-quality ratio is even quite wild for Moscow residents, who are rather sophisticated travellers
04.06.2021
SPIEF 2021
Presentation of the Goals and Programme of the Chairmanship of the Russian Federation in the Arctic Council in 2021-2023
We have a large, rich programme for indigenous peoples, for the preservation of their culture, and implementing their collaborative projects. With regard to the issue of climate change and ecology within the framework of the Arctic Council, all participants will discuss measures and approaches to balancing economic development and the economic agenda. […] We are represented on the board by the strongest companies implementing global projects. The priorities are the development of shipping and telecommunications infrastructure. In addition, we plan to create two scientific stations in Murmansk region and in Yamal. Only high technology can overcome the challenges in the Arctic
04.06.2021
SPIEF 2021
Presentation of the Goals and Programme of the Chairmanship of the Russian Federation in the Arctic Council in 2021-2023
The Arctic is an engine for economic growth. [...] Technology will make life in the north more comfortable. [...] It is possible to be connected to the entire world remotely. [...] Historically, both for Russia and the Soviet Union, the opening of the northern territories is of concern to people, [...] and now the people involved in this are fans of their business. [...] Growth in the economy, modern technologies and positive emotions will make the Arctic a much more attractive territory for living
03.06.2021
SPIEF 2021
Arctic Economic Council Meeting
A subordinate state organization, the Eastern State Planning Centre, the so-called Vostokgosplan, has been working with organizations for almost a year to create a digital model of the northern economy, which should allow both the Russian Federation to manage the Arctic more effectively and the international community to show all ties, using modern technology to achieve the goals set for the development of the Northern Sea Route, for the development of the Arctic
03.06.2021
SPIEF 2021
Arctic Economic Council Meeting
The Arctic concentrates the interests of the leading states, not just Arctic states. <...> Now it is extremely important to set the right pace and have the rhetoric and the spirit of international cooperation and cooperation on the Arctic development into as constructive a direction as possible
03.06.2021
SPIEF 2021
Challenges and Opportunities in the Next Round of Development in the Arctic
What we are seeing now is unprecedented, starting with the economy, where projects are being implemented that have been something out of [...] science fiction for decades
03.06.2021
SPIEF 2021
Challenges and Opportunities in the Next Round of Development in the Arctic
The issue of the environment is more complicated, but Russia is an extremely responsible and extremely eco-friendly power
03.06.2021
SPIEF 2021
The Far East: Resource Frontier or Driver of Growth?
We will both support businesses and build lots of new housing. <…> It can be housing for rent at unique rates that include regional subsidies. Together with DOM.RF Group, we have taken monthly rental rate for a two-room apartment down to RUB 6 thousand – any salary can handle this. Naturally, there is also the Far Eastern Mortgage. However, our construction volumes will help us make real estate prices in the Far East rise slower than on average across the country
03.06.2021
SPIEF 2021
The Far East: Resource Frontier or Driver of Growth?
Recently, the State Duma reviewed amendments to the Federal Laws ‘On Advanced Development Territories’ and ‘On the Free Port of Vladivostok’. We are transitioning from the principle ‘one can do whatever is allowed’ to the principle ‘one can do whatever is not prohibited’. <…> Entrepreneurs do not bear the risk of interpretation, whether their benefits are legitimate or not
03.06.2021
SPIEF 2021
The Far East: Resource Frontier or Driver of Growth?
Over the last 7.5 years, the Far East has been developing as a business project, which includes business planning principles, investor attraction and cooperation principles – much like any business would operate. <…> Over 2,600 investment projects under preferential regimes. Over RUB 5.5 trillion of committed investment, with over RUB 1.5 trillion already invested. The measures we struggled so much to get approved for the Far East are unprecedented. The Russian Federation does not have any other preferential regime that would be comparable to this one. Among other things, it covers social taxes, which is very important for entrepreneurs. We get criticized for this. However, thousands of jobs – over 60 thousand – have been created. Social taxes account for 7.6% instead of 30% as everywhere else
05.09.2019
EEF 2019
The Resource Base of the Far East and the Arctic: Current State and Development Prospects
Junior market will re-emerge in Russia very soon, because the tolerance of investors working with junior companies at global platforms towards country risks is very high
04.09.2019
EEF 2019
From Raw Materials to Advanced Processing: Achieving Growth in the Forestry Sector
Proven oil reserves [in Russia] are 106 billion barrels, that is around USD 6 trillion according to current market prices. Forest reserves are estimated to reach 83 billion cubic metres. If we multiply it by the average market price of round timber, around USD 70, it is also 6 trillion. But while oil is formed over 100 million years, a good tree needs 100 years to grow. So, it is interesting to find a way to make this important economic and ecological resource more valuable and more sustainably used in our economy
04.09.2019
EEF 2019
Long-Term and Affordable Capital for Investments: New Fundraising Opportunities
Entrepreneurs cannot achieve success purely through efforts by the government and state development institutions, <...> even by such a well-respected organization as VEB.RF, which possesses more than RUB 2 trillion in capital. Russia’s banking system has assets of over USD 1 trillion, i.e. 30 times more
11.09.2018
EEF 2018
Crossroads on the Silk Road
Food supplies to the Chinese market are very important for us, because so far the meat market had been closed for Russian producers. The second project is gas-to-chemicals. We hope we’ll break the ice through such locomotive projects, and now, after the first successful projects, the investments will be coming in batches
11.09.2018
EEF 2018
Crossroads on the Silk Road
We are witnessing a significant intensification of negotiations with Asian partners in general and with Chinese partners in particular
11.09.2018
EEF 2018
The Far East as a Financial and Offshore Centre
The ability to carry out transactions relies on the services at hand. This abundance of services (like in Hong Kong – ed.) is, mildly speaking not available to us here
24.05.2018
SPIEF 2018
New Platforms for Cooperation between China and Russia: Prospects for Development
Russia and China stand the best chance to develop cooperation in the Far East. <…> China is an enormous market, while Russian Far East is a gigantic treasury of natural resources with comfortable cities by the border