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 209 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 212 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 86 countries worldwide, and 293 Russian public organizations, federal and regional executive and legislative bodies of the Russian Federation.

The Roscongress Foundation has Telegram channels in Russian t.me/Roscongress, English – t.me/RoscongressDirect, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. Official website and Information and Analytical System of the Roscongress Foundation:roscongress.org.

James  McCormack

James McCormack

Global Head of Sovereign and Supranational Ratings Group, Fitch Ratings
Quotes
06.06.2019
SPIEF 2019
Are We Witnessing a Paradigm Shift in the Global Economic Order?
In terms of the income distribution argument that we hear a lot of – winners and losers – think of income distribution within countries and think about income distribution between countries. It is hard to argue the fact that global trade and the growth of global trade has improved income distribution between countries. But within countries we can clearly see that income distribution is getting worse, so it is not an issue for governments to coordinate with each other, it is governments’ need to address these issues on their own
06.06.2019
SPIEF 2019
Are We Witnessing a Paradigm Shift in the Global Economic Order?
I think a large part of the reason why trade growth is slowing is because China is becoming more developed, so instead of exporting all of its output, there is a growing domestic market. <…> And on the input side, what was previously imported into China, China can now supply itself. <…> And because it [China] is so large, it affects global trade flow
06.06.2019
SPIEF 2019
The Sustainability of the International Trade System and the Future of Globalization
I am fearful that we are in for a long standoff between China and the United States. And I think that there is a risk that we end up with the two biggest economies operating in parallel tracks in regards, and not in a cooperative fashion. And the world economy will suffer as a result of that
25.05.2018
SPIEF 2018
Economic Protectionism and Global Markets
At least for the current time, this (US protectionism - Ed.) is something that does not greatly change our forecasts of the countries' economic growth. But the risk is still there