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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Sofya Donets

Sofya Donets

Chief Economist for Russia and CIS, Renaissance Capital
Quotes
17.06.2022
SPIEF 2022
New Growth
Even in this difficult economic situation we find ourselves now, we still are in an economy where the unemployment rate is 4%. This means that now we are facing a deficit in the labour market. It means we only have a small untapped labour force to include. We are not an agricultural economy where you can bring people "from the fields" and train them. We are past that stage. It is important for us now not to fall back into that pattern, [to return to] some kind of outdated growth model. It is, for instance, what the Asian Tigers are demonstrating, and everyone wants to follow those examples. But here, I think it is dangerous to fall into that model. We do not have those resources, we do not have the resources to bring people "from the fields" or even from some remote areas. We need to build a new model and see where we will really have, as they say, points of growth. I believe that we should not build the past, but build the future