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 155 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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Maksim Reshetnikov

Maksim Reshetnikov

Minister of Economic Development of the Russian Federation
Quotes
05.06.2021
SPIEF 2021
Russia–Japan
Despite a difficult year, we managed not only to continue existing projects but were even able to launch new ones. An express test for coronavirus was created, and a container train with Japanese goods was launched for the first time on the Trans-Siberian Railway. Construction began on a centre for preventive medicine in Khabarovsk. The Japanese company Fanuc opened an engineering centre in Skolkovo. Future plans include the creation of liquefied natural gas trans-shipment complexes in Kamchatka and the Murmansk region and the construction of an ion therapy centre for cancer treatment in Obninsk. We are preparing to enter new and promising tracks in hydrogen energy, climate change, the creative economy, and e-commerce
04.06.2021
SPIEF 2021
Qualitative Growth: The Expansion of Agglomerations in Response to Global Challenges
We need to be more careful about what has already been done […] All long-term projects must be brought to fruition. We must clearly understand that the projects we invest in should have a return and that the value added will create tax potential for us to return loans. Macroeconomic stability is not an empty phrase, and this applies to the regions as well. The pie, which is constantly being re-sliced, is not getting any bigger
04.06.2021
SPIEF 2021
Qualitative Growth: The Expansion of Agglomerations in Response to Global Challenges
We must treat migration as a natural process. Migration within small settlements here is no less powerful. We need to support economic growth, wherever it is since these are growth points. It’s crucial that our support system gives each region a chance to identify and support these growth points. Let’s be honest: we aren’t able to manage each settlement from Moscow. There are teams of governors for this who understand the needs of people and understand where this growth is
04.06.2021
SPIEF 2021
Regional Development: An Economy of Possibilities
Reallocations are needed – there is no doubt about that. However, there is always a fine line between aligning and equalisation. We should not cross this line. <...> We need to micromanage. We need to optimize the costs we can actually nix and let regions use this money for different purposes, like salaries, healthcare, social support, roads, etc.
04.06.2021
SPIEF 2021
Regional Development: An Economy of Possibilities
I believe that minimal transfer payments need to be aligned. These expenditures need to be treated as the necessary investment or social expenditures, because this is what regions spend money on. <...> In this case, higher expenditures to get transfer payments aligned can claim additional financing, much like other programmes and priorities, including digitalization, tourism, federal targeted investment programmes, or construction. They need to be treated just as seriously
04.06.2021
SPIEF 2021
Regional Development: An Economy of Possibilities
We really underfinance our regions. If you take adding 1% to the corporate tax (it is part of the equalisation transfer) out of the equation, we will see that equalisation transfer have not changed since 2014, I believe
04.06.2021
SPIEF 2021
Regional Development: An Economy of Possibilities
Regions can and should be trusted with money. They know how to use it and how to develop. We need to get criteria aligned. We need to agree on efficiency level for these projects, since they use loans anyway. We should measure efficiency of the whole economic development it brings instead of efficiency of a specific project
04.06.2021
SPIEF 2021
Adapting to Climate Change: Challenges and Opportunities
The efficiency of the implementation of climate projects in Russia is tens of times higher than anywhere else. <...> It is important that the efforts that we have made are recognized and counted in relation to export
04.06.2021
SPIEF 2021
Russia’s Economy: Modernization Strategy Reset
The future is uncertain. So, of course, we have to focus on changing mechanisms in all of this. And public mechanisms that make our budgets more resilient and more receptive to new challenges
03.06.2021
SPIEF 2021
Russia-EU Relations: Responding to the Challenges of Time
We categorized nuclear energy as a ‘green’ project, and this was a crucial decision. We believe that, based on the criterion of greenhouse gas emissions, based on the principles of technological neutrality, nuclear power should be seen as clean energy. And secondly, we have developed a number of transitional projects that may not meet some highest standards, but for many industries in our country this is a big step forward
03.06.2021
SPIEF 2021
Russia-EU Relations: Responding to the Challenges of Time
We are working on a soft regulatory framework that will allow us to implement climate projects, take into account the carbon footprint of products that will make our entire system more transparent, while at the same time we are launching a system of more stringent regulation based on regional experiments. Many countries have followed this path. We are currently in the final stage of the Sakhalin experiment, which will enable individual regions, at their will and in agreement with the business, to declare the goal of carbon neutrality and introduce a system of emission quotas with the trading system, and so on
03.06.2021
SPIEF 2021
Russia-EU Relations: Responding to the Challenges of Time
Our ultimate goal is to combat greenhouse gas emissions. And in this context, technological neutrality, mutual recognition, and implementation of projects aimed to reduce carbon dioxide emissions are crucial. Building these mechanisms is a subject for strong international discussion, and we have high hopes for the climate conference in Glasgow this November
03.06.2021
SPIEF 2021
The Future of Russia’s Tax System: Stepping Up to the Challenge
The tax system should not impede the growth of companies. Today we see that in sectors where the share of salary costs is high, this gap is palpable. This does not stimulate growth and leaves companies in a fragmented state [...] The second issue is the question of opportunistic income and how to ensure it is directed to investments
03.06.2021
SPIEF 2021
The Future of Russia’s Tax System: Stepping Up to the Challenge
We need new mechanisms for the future. Compensation shouldn’t be provided from the budget for infrastructure, but from taxes
03.06.2021
SPIEF 2021
The Future of Russia’s Tax System: Stepping Up to the Challenge
The budgetary situation in the regions is improving, but it is far from balanced [...] The tax system needs to be changed [...] Any changes must be predictable. We shouldn’t try to use tax instruments to solve all the problems that we face
03.06.2021
SPIEF 2021
Russia–France
Over the past year, Russia has found many answers and come up with suppositions. We have solutions, which we are moving forward. We have to note the breakthrough in digitalization that took place over the past year, because COVID obviously aggravated the citizens’ and businesses’ need for remote interaction and digital services
03.06.2021
SPIEF 2021
Russia–France
The discussion that is taking place today is very important, because it is not a discussion about what has been done or what is being done, but about what else can be done, about what our cooperation will be like for the next decade. Both comfortable urban environment and smart cities are obviously matters of digitalization, development of digital ecosystems, platforms, low-carbon development and ‘green agenda'. <...> Two days ago, the State Duma passed the law on greenhouse gas emissions regulation in its third reading, which shapes and launches climate projects in our country
03.06.2021
SPIEF 2021
Russia–France
Our economic basis has more potential than our contacts, which can and should be more intensive. We will make all necessary efforts to this end
03.06.2021
SPIEF 2021
Russia–France
It is important to take further steps in international cooperation, so that the solutions and efforts we make are recognized internationally and at the European level, together with our colleagues in Asia, so that the outcomes of climate projects in different countries are mutually recognizable
03.06.2021
SPIEF 2021
Russia–France
We are shaping institutes of the new economy. We have made new steps toward promoting investment, which is a new infrastructural stage… which will unite our countries and is capable of uniting our businesses. We call for cooperation in every possible way. Moreover, we have existing practices with many French companies
03.06.2021
SPIEF 2021
The Russian Economy: From the Anti-Crisis Agenda to Sustainable Development
The government has prepared suggestions on investing in the National Wealth Fund. <...> After the Presidential address we have new opportunities related to budget infrastructure credits. As the result of restructuring budget loans, a fairly large amount of funds has emerged. Now we see that regions have applied for just 90 billion out of 420 billion roubles. Under current circumstances, we might face the lack of high-quality investment projects
03.06.2021
SPIEF 2021
The Russian Economy: From the Anti-Crisis Agenda to Sustainable Development
Recently the question of price regulation has been the most relevant one
03.06.2021
SPIEF 2021
The Russian Economy: From the Anti-Crisis Agenda to Sustainable Development
We have stepped away from administrative measures. This does not mean that we are not negotiating with industry associations, on 1 June one of the agreements on sugar terminated
03.06.2021
SPIEF 2021
The Russian Economy: From the Anti-Crisis Agenda to Sustainable Development
The law limiting greenhouse gas emissions was adopted yesterday in the second and third readings. We have made a big step forward, we have set the record straight. In the first half of next year, the task is to make the whole basic configuration work
07.06.2019
SPIEF 2019
National Development Goals: Key Issues in the First Year of Work
I believe that from the economic point of view, the specified projects are sound, valid. They are not enough to achieve national goals. We need some other mechanisms. On the one hand, there is always something to improve. However, today’s mechanism is not perfect but very efficient. It seems that we need to set further improvement questions aside and start implementing what we have already come up with
06.06.2019
SPIEF 2019
Global Competitive Position and Export Potential for Russian Education
Let us strengthen the role of regions in the management of universities. Not all of them are willing to go to export and develop, and those that are willing do not have the resources. When we plan to invest tens of billions of roubles in culture, urban environment and improvement, and at the same time we do not plan to invest a dime in education, who do we do that for? We need to change our approaches
06.06.2019
SPIEF 2019
Global Competitive Position and Export Potential for Russian Education
If we compare all state-financed sectors in the last 20 years, universities would be the most underfinanced. <…> Our system of higher education is critically underfinanced
14.02.2019
Russian Investment Forum 2019
Success Factors: Ideas, Personnel, Skills
National projects require investment, and during the initial stage, while we are promoting them, people do not immediately see the results. Solving everyday issues fosters trust, which can ultimately be transferred to large-scale projects
14.02.2019
Russian Investment Forum 2019
Success Factors: Ideas, Personnel, Skills
National projects are a breakthrough, and all our procedures and legislation are very conservative
14.02.2019
Russian Investment Forum 2019
National Projects and the Regions: Key Questions at the Beginning of the Road
We need to get through the question stage as fast as possible under condition that we understand how we will proceed with methods. Specific performance targets may be somewhat realigned. They just need a procedure for a public and transparent discussion
25.05.2018
SPIEF 2018
Fiscal and Tax Policy as Factors Affecting Economic Growth
From the point of view of social expenditures, the May presidential decree envisages a level of financial burden that regions can bear. We have developed a system that involves the phased elimination of indirect tax benefits, first of all, on income tax, and have replaced of this tool with other tools: special investment contracts, investment projects, etc. The volume of funds that we will additionally receive in the regional budget ought to be enough to maintain the level achieved under the previous decree.
25.05.2018
SPIEF 2018
Presentation of the Results of the Russian Regional Investment Climate Index
We need to raise municipal teams, but when there are 320 municipalities in the territory and each has its own regulator, it’s not easy to do