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 180 economic partners, including industrialists’ and entrepreneurs’ unions, financial, trade, and business associations from 81 countries worldwide, and 186 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, Spanish – t.me/RoscongressEsp and Arabic t.me/RosCongressArabic. 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
07.09.2022
EEF 2022
Business Under Protection: Guarantees of Business Stability
We have the biggest progress in the field of digitalization. Paper carriers are a thing of the past, all information about the register of inspections is formed online. This is a great achievement of the Prosecutor General's Office. They have been consistently building and developing this registry of inspections all these years, which provides us with objective statistics at the moment
07.09.2022
EEF 2022
Business Under Protection: Guarantees of Business Stability
We have seriously revised the requirements for business. <…> The regulatory guillotine has canceled 12,000 legal acts to date. The main thing is not even that the requirements were abolished, put in order, revised, codified, but that now we will have to reconfirm these requirements every six years together with entrepreneurs
17.06.2022
SPIEF 2022
Russia’s Spatial Framework: Is There a Place for Mega-Agglomerations Here?
Agglomeration effects. < ... > If we poll now, everyone will see them differently. <...> And these are not idle questions, they should be key when choosing road construction priorities
17.06.2022
SPIEF 2022
Russia’s Spatial Framework: Is There a Place for Mega-Agglomerations Here?
It is important to give opportunities to the regions and ask them how they could be useful, and let each region choose their specialization. <...> We should provide them with a set of tools to create competition between the regions
17.06.2022
SPIEF 2022
Russia’s Spatial Framework: Is There a Place for Mega-Agglomerations Here?
The structural changes, that are now taking place and will accelerate, also give new chances to agglomerations. Clearly, new opportunities are emerging for the Far East and Siberia. It may be more difficult for the European part of Russia, especially the Northwest which has been serving heavy transit
17.06.2022
SPIEF 2022
Russia’s Spatial Framework: Is There a Place for Mega-Agglomerations Here?
Over the past ten years, the number of people living in our agglomerations has increased by 9%, which is three times faster than over the past 20 years. In our highly urbanized country, there remains room for accelerated agglomeration growth
17.06.2022
SPIEF 2022
Russia’s Spatial Framework: Is There a Place for Mega-Agglomerations Here?
Post-COVID-19 reality, IT, communication, remote work, all these things have expanded the boundaries of agglomerations. It has become possible to live far away. <...> There are changes in the labour market visible to the economy, so the boundaries of agglomerations can be clarified
16.06.2022
SPIEF 2022
Russian Economy: Current Challenges and Footholds
Import substitution is first and foremost private business, and that’s something we need to talk about. The foreign companies that exited the market here left behind large niches that our businesses are now actively moving into. And the new technologies that we’re looking to develop ... all the examples that we have had are primarily of private business. [...] Our job is to buy time. We need this time for the structural transformation to take place. I also totally agree that the external environment is changing drastically, and the world economy is changing. And our economy under pressure from sanctions too, the reorientation of supply chains, and the restructuring of production chains will also change
16.06.2022
SPIEF 2022
Russian Economy: Current Challenges and Footholds
In the last month there has, on the contrary, been a wave of improved estimates, improved forecasts. The Central Bank has recently clarified its forecast, and it is improved. We are also preparing to clarify our forecast, and it is improved. What we are seeing, then, is that the measures implemented so intensively are having an effect. [...] Welfare activities are no less important than formal GDP growth. The truth will only become clear in a couple of years
16.06.2022
SPIEF 2022
Russian Economy: Current Challenges and Footholds
These changes are much deeper. By and large, the decisions that are being made now, the scale – the same deferrals on social contributions, or VAT refunds, or budget expenditures, the scale of our lending programmes, the readiness of the state to participate in the risks of lending to the real economy through VEB guarantees – the format is fundamentally different and impacts the situation in a fundamentally different way
06.09.2022
EEF 2022
Travelling to the East: Opportunities for Investors and Tourists
At the moment, the main deficit when it comes to tourism is the lack of supply. Compared to 2019, we have 32 million people who did not go on vacation abroad. These are people who stayed in the country. This is the demand that needs to be met
06.09.2022
EEF 2022
Travelling to the East: Opportunities for Investors and Tourists
Investments [in the tourism industry by 2030 – Ed.] will grow by 35%, and the main objective we are focused on is the creation of an additional one million jobs: from two to three million jobs in this sector
06.09.2022
EEF 2022
Travelling to the East: Opportunities for Investors and Tourists
Together with Rosturizm we have prepared a development model for the industry until 2030. According to this model, the pre-crisis indicators will be exceeded by 2025, and by 2030 the tourist flow is expected to double. Let us look at what kind of transport will be used to travel: the increase in railway travel during this period will be 27%; air travel will go up by 56%, cars and buses – a 2.4 times increase – plus 140%. The latter will become the main travel mode, which means that the geography of tourism will change. We understand that comfortable travel is more limited in distance compared to air travel
06.09.2022
EEF 2022
Carbon Emission Trading in Russia: A Path from an Experiment to a Sustainable Development Strategy
We are experimenting with tough regulation based on Sakhalin Region. Sakhalin came up with the idea, designed the model, so to say, took on the risks, dealt with the private sector, and took on the risks of enacting a structural transformation. And put bluntly, it took on most of the cuts. <...> However, at the same time this gives us the opportunity to show some kind of demand for carbon units, and to carefully try to make regulation tougher. <...> Of course, we want to assure businesses right now that we will be very careful in our approach to extending this experiment
06.09.2022
EEF 2022
Carbon Emission Trading in Russia: A Path from an Experiment to a Sustainable Development Strategy
The most difficult question is what are we ultimately doing all this for. After all, it’s no secret that such a big effort has been made – including by us – to develop [the carbon unit market – ed.] due to the potential introduction of the European Carbon Border Adjustment Mechanism. I don’t believe that all this to do with exporting carbon units – or more correctly, employing carbon units when exporting – has become completely irrelevant. After all, the East remains. But in any case, we are facing a great deal of uncertainty. And when there is a lot of uncertainty, it’s better to have plans in place for all outcomes
06.09.2022
EEF 2022
Carbon Emission Trading in Russia: A Path from an Experiment to a Sustainable Development Strategy
Climate issues haven’t gone anywhere. What’s more, it’s clear that with the situation we have today, with hydrocarbon prices in the world... we will see the further development of alternative energy, and wind, and solar, and all other areas, including energy conservation. There will be a lot of major shifts. And the climate agenda will be, shall we say, at the forefront of all these shifts. That is the first point. The second point is that... the normalization of the agenda and the normalization of relations – which will happen sooner or later – will also in all likelihood begin with climate-related issues. Therefore, we must be ready in this regard. We must not fall behind
17.06.2022
SPIEF 2022
The Russian Economy: How to Build the Bridge to the Future?
We must create normal conditions for real business and not interfere. There are programmes, national projects – there’s no need to start slashing. We can act calmly. This is an investment in our country, and regardless of what happens, it will pay off
17.06.2022
SPIEF 2022
The Russian Economy: How to Build the Bridge to the Future?
We won’t be able to redirect [all export flows – Ed.] to other markets. Oil is going, but the oil products we were supplying to Europe fell by the wayside, and refineries are under-utilised. And actually, the oil’s moving to the East, because Kuzbass coal has been brushed aside
17.06.2022
SPIEF 2022
The Russian Economy: How to Build the Bridge to the Future?
The structure of the economy will change. We really can efficiently produce and supply minerals, metals, chemicals. […] We need to keep doing what we are capable of doing efficiently and look for partners to import machines and equipment. Yes, it will shrink, and we will develop our own technology, but that doesn’t mean that we’ll be able to produce all the technologies we need for a market of 220 million people, if we take the Eurasian space
16.06.2022
SPIEF 2022
Food Security: Global Challenges and Opportunities
Russia is complying fully with all its commitments. And the figures that Victoria [Abramchenko – Ed.] quoted for last year and for the first months of this year confirm that we are managing to find this balance. On the one hand, we have maintained stability domestically while at the same time increasing exports, growing our economy, and making a significant contribution to solving the world’s problems
03.09.2021
EEF 2021
Russia–Japan Business Dialogue
There is a potential for using the capacity of the Northern Sea Route and the Trans-Siberian Railway
03.09.2021
EEF 2021
Russia–Japan Business Dialogue
The economies of Russia and Japan are recovering, and it is important that interaction is growing so actively. Now it is the time to invest, discover new markets, and develop ties between regions. We have a basis for this: trade is growing again, joint projects are being launched in a variety of sectors
03.09.2021
EEF 2021
Is Russia Prepared for a Global ESG Transformation?
We are fast approaching the point where the climate change agenda does not affect us. Moreover, there is a growing understanding that this agenda is not one imposed on us but one that really affects us. We are a northern country that is warming at a much faster pace. But of course, the factors that are now accelerating our understanding lie in many ways, maybe, in the external agenda. This is the topic of cross-border carbon regulation, ... this and ... the topic of the European Green Deal. There are about 14 acts that deal with abandoning internal combustion engines, reducing coal consumption by 70% by the year 30, and reducing fertilizer consumption. Among internal factors ... our largest companies, like exporters and the banking community, are taking an active and proactive stance (ed.)
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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
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 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
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 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
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
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
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.