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 160 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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Alexander Osipov

Alexander Osipov

Governor of Trans-Baikal Territory
Quotes
02.09.2021
EEF 2021
Dollar-Free Model of the World Economy Integration: Supranational Currency and a New System of International Transactions as a Driver for the Regional and Global Trade Development
I think that most of the country’s regions have a peculiarity in their investment and economic development, and, of course, they all require large volumes of investment and infrastructure development through investment [...] Without normal infrastructure, it’s simply impossible to develop a single industry and ensure livelihoods
02.09.2021
EEF 2021
Dollar-Free Model of the World Economy Integration: Supranational Currency and a New System of International Transactions as a Driver for the Regional and Global Trade Development
With some of the richest subsoil and resources, the Transbaikal Territory is the poorest in terms of implementing them. Each time something happens – investment projects are suspended or existing enterprises go bankrupt. At the time when I took office in 2018, the economy of the Transbaikal Territory had a huge number of various unrealized – practically RUB 23 trillion – deposits in the unallocated [subsoil reserve] fund and in investment projects stuck in the implementation of investment projects. These projects were implemented only for foreign investments
02.09.2021
EEF 2021
The Development of Specially Protected National Areas and the Role of CSR in Ensuring Sustainable Development and Preserving the Unique Nature of the Far East
Today we have more than 10% of this vast territory [of Zabaikalsky Territory]] designated as specially protected areas, 4% of them have federal status, and everything is clear here with financing, with work, with the organization of work. We believe that we need to continue building up and preserving the natural riches of this regional territory. But since 70% of the regions in the Far East are severely underfunded, and one of the most underfunded is the Zabaykalsky Territory, of course, we have an acute lack of resources to develop such vast areas properly and properly maintain flora and fauna and carry out all development activities
02.09.2021
EEF 2021
The Development of Specially Protected National Areas and the Role of CSR in Ensuring Sustainable Development and Preserving the Unique Nature of the Far East
For us, cooperation with major companies, such as Norilsk Nickel, Metallinvest Holding... and so on, is of fundamental importance. I am glad to see that it is not 'forced’. I see a real need for managers, executives, beneficiaries of companies who do it with pleasure, with their own initiative, without any pinches and pulls from our side
02.09.2021
EEF 2021
Budget Justice: Who Lives Well in Russia?
These expenses related to housing, utilities, and preparing for winter are inextricably linked to our way of life here. Perhaps somewhere in the south, such as the North Caucasian Federal District, these factors are of little importance, and can be sufficiently funded in some other way. However, for us, they are serious aspects, which carry real risks for the people living here
02.09.2021
EEF 2021
Budget Justice: Who Lives Well in Russia?
A range of crucial factors are ignored completely when allocating budget equalization grants. For Siberia and the Far East, compensating expenses on housing and utilities is absolutely key, yet it is not considered at all. Preparations for winter are similarly not factored in
02.09.2021
EEF 2021
Budget Justice: Who Lives Well in Russia?
Repairs for social amenities are not taken into consideration at all. <...> We have [in the region – ed.] 600 schools, and every year we need to build 15–20 schools to replace those which are 50–70 years old
02.09.2021
EEF 2021
Competing for Investment: How to Win
We are fully aware that two important areas currently suffer from a lack of proper incentives. The first is processing. We extract a huge amount of resources, and doing so is profitable. Once this is done, it is profitable to ship them virtually in their raw form, both via eastern ports, and via land borders with China and Southeast Asian nations. <…> However, it is not profitable to process these resources in Trainsbaikal Territory itself. Consequently, we build workers’ settlements and produce subsoil resources which could serve as a source of long-term development, but we do not build industrial facilities. The second area concerns jobs in remote regions. Transbaikal Territory is home to 1,050,000 people. Of that figure, 70% live in remote rural areas as a rule, where it is very difficult to create jobs. The current system, with advanced special economic zones, does not allow for the necessary support and procedures to create jobs in these remote areas
02.09.2021
EEF 2021
Competing for Investment: How to Win
Incentive regimes are key to achieving economic growth in the Far East. We understand how vast this region is, what immense riches exist, and what complex challenges are posed in terms of construction and development. To this day, we have been unable to put all the necessary amenities and infrastructure in place. And of course, without creating a serious difference in potential, without expending energy on the Far East’s economic model, and without any funding other than from the public purse, we will be unable move this region forward
03.06.2021
SPIEF 2021
Economic Mythology and the Problem of Sustainable Development
Let’s take regional or infrastructure development with low return rates. For example, return rates for a dam – the main facility for a hydropower plant – are 40–50 years at best. Who will give money for such a long time? This is why the issue of national sovereignty in currency issue for long-term projects is highly relevant
05.09.2019
EEF 2019
Increasing the Investment Appeal of the Far East
Our financial sector density is very low; we should have established institutions years ago. Lack of funding has a big impact on any development plans
05.09.2019
EEF 2019
Increasing the Investment Appeal of the Far East
In the first half of this year, a long-term negative economic trend finally reversed. <...> This year, for the first time we see the GDP grow by almost 5%, industrial production grew by 2.5%. <...> Unemployment decreased by 1%
04.09.2019
EEF 2019
Preferential Regimes for Investors: Current Progress and New Challenges
The most important thing about this mechanism [ASEZs – ed.] is something that isn’t written in a single document anywhere, but which is clearly evident today. It is that people in various places and jobs, people in various ministries view the residents’ or potential residents’ investment projects as their ‘children’. Every day, lobbyists and promoters look for ways to help residents implement their projects