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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Leonid Petukhov

Leonid Petukhov

Managing Partner, Sistema PJSFC
Quotes
02.09.2021
EEF 2021
Competing for Investment: How to Win
In the run-up to the session, we conducted a survey and spoke to a large number of investors. We were able to group their proposals into four main categories. The first is that <…> new ideas and proposals concerning investment have emerged over the past two years which are specific to the Far East. The second category concerns what we could do to further reduce the costs borne by investors. The third is to do with how life and the investment process could be made easier for investors in the Far East. And the fourth category relates to how we can protect them
02.09.2021
EEF 2021
Competing for Investment: How to Win
In my opinion, the main challenge with regard to attracting investment is that investment is always a battle, it is always a competition. <…> Our neighbours have not been asleep these past two years. The regimes they have in place and the improvements they have made are of a kind the world has never seen before, I would say. In particular, an entire package of legal documents has been adopted in Oman to foster economic growth during the pandemic. When an investor goes there, for example, they can obtain a temporary licence permitting them to start work within two months while they wait for all the necessary permits. And in Malaysia, this period is just two days. If you have a new company, if it does not contravene any laws, if it does nothing that could be considered harmful, then a permit is automatically issued in two days
04.09.2019
EEF 2019
Investing in the Fishing Industry: Achievements and Next Steps
We have an intergovernmental commission with each country, and a few of them with China. <…> I am certain that if the agenda of their meetings that take place twice a year includes a separate section on fishing, this could really help solve problems, as after each meeting telegrams are sent to the President and Prime Minister
04.09.2019
EEF 2019
Investing in the Fishing Industry: Achievements and Next Steps
The first [question, – Ed.] is that people have built plants but have failed to put them into operation; and we are discussing who is responsible for this. As a result, they lost their quotas. It is partially related to the fact that when the commission came to accept the plants, the fishing season was almost over. We had two such cases. And another one, when, for example, investor won a quota for squid, while the Federal Agency for Fishery does not include squid into the fish products category. This means that no quota is issued for squid. As a result, return on investment and plant utilization rate are going down
24.05.2018
SPIEF 2018
Breakthrough in the Far East: How to Become a Leader for Growth in Private Investment
I see another important thing that should be present on the federal, regional and municipal levels: government agencies should focus on investors’ interests