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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Andrey  Patrushev

Andrey Patrushev

Deputy Chief Executive Officer, Shelf Projects Development, Gazprom Neft
EEF 2019
The Resource Base of the Far East and the Arctic: Current State and Development Prospects
In order to have an economic incentive to continue our work in the Arctic, we need to look at the mechanisms that the state can offer to make Arctic projects more economically attractive. One of these elements is soft financing for facility and infrastructure construction at the deposit. This would support the project economy and allow to make final investment decisions. At the same time, the state has almost no risks, because when making final investment decisions, companies usually eliminate all risks related to geological exploration
EEF 2019
The Russian Continental Shelf: Is Development Necessary?
Recently, a number of changes have been introduced into the Tax Code that consolidates exploration expenses with extraction results in Prirazlomnaya with a 1.5 multiplier. Thus, the state stimulation for exploration reaches 30%. However, this mechanism only works for greenfield exploration. <…> First thing the state could do to stimulate extraction is cover the entire exploration field with 1.5 multiplier. <…> Second, <…> if we look at the experience of other countries that work their shelf – Norway, Brazil, China – we’ll see discounted financing to create the infrastructure around their fields. That would be a key step for us. <…> Next step we could implement <…> is labelling all Arctic shelf exploration projects as 4th complexity category
EEF 2019
The Russian Continental Shelf: Is Development Necessary?
What makes the shelf so unique and why would investors want to come here, given we provide something resembling favorable conditions <…>? Actually, it the presence of the resource potential that is in decline globally. Both the Arctic and the shelf attract with their resource potential
International Arctic Forum 2019
Russia’s Support for Private Investment in the Arctic: A New Approach
The current fiscal conditions were adopted by our Government at the time when the price of oil exceeded USD 100, and there were no external sanctions or restrictions on technology. Quite some time has passed since then, oil price has been visibly volatile, and it is growing up a little now, but, at any rate, it does not reach the level that was taken into account when the decisions about current taxation were made