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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Yuriy Korsun

Yuriy Korsun

Deputy Chairman, VEB.RF
Quotes
18.06.2022
SPIEF 2022
Young People’s View on Finance and Sustainable Development
Development banks are the organizations which support sustainable development. When society or the government makes a request, the bank acts as a government agent of sorts. Banks try to play a role in everything that goes on in this market
18.06.2022
SPIEF 2022
Young People’s View on Finance and Sustainable Development
We are placing a great deal of emphasis on the young workforce. Even in the group where I work, we have an employee who is a professor at two universities. Every year, he delivers one or two exceedingly high-quality graduates to me. And they develop fairly quickly within the company. So, we can say that we know what young talent is, and we love it very much
18.06.2022
SPIEF 2022
Young People’s View on Finance and Sustainable Development
We are not currently talking about the Russian market; we’re speaking more about the global market. A new investor has arrived on the scene – the millennial. And they are notable for having a number of specific needs and habits. They have a liking for anything digital. They are ready to look to the medium term, and believe that the entire government supports companies that are on the path to sustainable development. Conversely, they believe that companies that do not follow this path do not receive support. That means in the medium term, the cost of doing business according to sustainable development principles will be higher than costs borne by other companies. In addition, millennials believe in the idea of sustainable development, regardless of costs. They are ready to part with a rouble to support the right thing
06.09.2022
EEF 2022
Efficient Energy: Balancing the Economy and the Environment
It is a very difficult region, and investments do not pay off 100%. The first fact of life is that it is essential for the state to play a role, and for there to be a broader form of public-private partnership. <...> The state needs to cover non-recoverable expenses, with recoverable expenses left for the private sector to finance
03.09.2021
EEF 2021
The Far Eastern Concession: How to Achieve an Infrastructure Breakthrough
Investors are given the opportunity to finance infrastructure at the expense of the state, but the state does not act without a delay. And the investors end up paying for the delay. They have to bear the interest burden in its entirety. And there is a lot of discussion right now about what this burden will ultimately be. The timeframe for the concession is up for discussion, whether it will be ten years or thirty. Investors want it to be ten, to only have to deal with the interest for ten years, but the authorities want it to be thirty, because that way it’s easier to carry out a greater number of projects
14.02.2019
Russian Investment Forum 2019
National infrastructure priorities for 2024: defining them quickly, implementing them effectively
We have a whole toolset that we are ready to use to make the life of commercial banks easier. <…> We are prepared to take on bigger risks than commercial banks <…> If you are short a bit, we are ready to add this money