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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Vladimir Kazbekov

Vladimir Kazbekov

Vice President, New Development Bank
Quotes
06.06.2019
SPIEF 2019
Innovation in BRICS Countries: Main Directions and Prospects for Cooperation
To date, [the New Development Bank] has approved projects totalling USD 9.2 billion in value. The number of confirmed projects depends on the growth of capital. All countries are very careful to fulfil their obligations. Russia and China are moving slightly ahead. In terms of authorized capital, the portfolio is growing too. By the end of the year, we expect that the overall portfolio will be worth USD 16 billion. The total volume of loans approved for Russia is USD 1.5 billion