The official channel of the Roscongress Foundation. News; analysis; information on the biggest issues facing Russia and the international community; and round-ups of the Foundation’s projects, cultural, and sporting events. Contact: @RoscongressdirectBot
🇷🇺 🇮🇳 Russian Ministry of Economic Development expects launch of visa-free agreement with India in 2024
“A group visa-free exchange has been initiated with China and Iran. Recently, the first groups from Iran were received. A similar visa-free agreement with India is planned to be concluded in 2024. Work is underway with several countries to completely abolish visas,” said Dmitry Vakhrukov, Deputy Minister of Economic Development of Russia.
📈 He also stated that the inbound tourist flow should increase to 16 million by 2030. Also, in 2024, an effective system for comprehensive promotion of Russian tourism products in foreign markets is also planned to be developed.
@RoscongressDirect
📌 The Future Technologies Forum chatbot has been launched.
🗣 The bot is available here @future_tech_info_bot
Now, you can quickly get information on the following issues:
🔹 how to register for the forum and get a badge;
🔹 where to undergo a PCR testing to access the venue;
🔹 available services;
🔹 the business program;
🔹 planning a personal route.
The chatbot was created with the assistance of the Interregional Contact Center.
@RoscongressDirect
200 events, conferences and forums to take place within Russian chairmanship of BRICS in 2024
The plan of activities has been approved following a meeting of the organizing committee chaired by Yury Ushakov, Aide to the Russian President. The goals of the Russian chairmanship of BRICS have also been defined. Among them are:
🔹 providing assistance in the organic integration of new members into the BRICS activities;
🔹 jointly with all BRICS members, finalizing the modalities of the new category of “partner states” of the association.
🗓 The BRICS Summit to take place in Kazan in October 2024 will become the culmination of the Russian chairmanship. The capital of Tatarstan will host the first-ever meeting of the leaders of the expanded BRICS.
@RoscongressDirect
🌟 Dear friends!
The Roscongress Foundation team wishes you a joyful and blessed Catholic Christmas. May this festive season bring you happiness, love, and peace. May your hearts be filled with warmth and your homes be filled with laughter.
Merry Christmas!
@RoscongressDirect
🇷🇺 🇨🇺 The number of flights from Russia to Cuba will grow to thirteen per week by the end of this year, Russian Deputy Prime Minister Dmitry Chernyshenko said.
📈 The traffic of Russian tourists to Cuba will skyrocket by a factor of four to 180,000 people as of the end of 2023, the high-ranking official noted.
📊 The number of Russians visiting Cuba as tourists increased by 85% during the first half of 2023, exceeding 60 thousand people, as reported by Sergey Baldin, Russia’s trade representative in Havana, to RIA Novosti.
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🇷🇺 🇨🇳 The first ever Made in Russia festival will take place in China on the eve of the Chinese New Year.
Over 1,000 Russian products will be presented at the fairs. Approximately 3 million people are expected to attend the event within a week.
“This format envisions promotion of Russian traditions, culture and arts, traditional sports and sports achievements, and high quality goods under the Made in Russia brand through collaboration of fair, cultural and sport events,” Deputy Prime Minister of Russia Dmitry Chernyshenko said at the bilateral intergovernmental commission’s meeting.
🗓 The series of Made in Russia fairs will take place from 27 January to 4 February 2024 in the Liaonung Province.
📌 The Made in Russia brand is promoted by the Russian Export Center together with the Roscongress Foundation.
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🇷🇺 🇮🇳 796 participants from 10 countries took part in XIV India–Russia Business Dialogue in Moscow
📊 Among them were nationals of Russia, India, the United Kingdom, United States, and African nations. The business program events were covered by roughly 60 media representatives.
The forum was a key platform for discussing prospects for expanding business relations between Russia and India in the following spheres:
🔹 healthcare;
🔹 pharmaceuticals;
🔹 innovation;
🔹 entrepreneurship;
🔹 trade;
🔹 logistics;
🔹 tourism;
🔹 cultural relations;
🔹 energy;
🔹 manufacturing;
🔹 agriculture.
🤝 Indian Business Alliance President Sammy Kotwani, noted that the discussions demonstrated Russia’s readiness to accept Indian business in the country.
Read more.
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🇷🇺 🇮🇳 The Russia-India trade turnover exceeded 3.9 trillion rubles in the first three quarters of 2023. This already surpasses the volume of bilateral trade for the entire year of 2022, said Russian Deputy Minister of Economic Development Dmitry Volvach at the XIV India–Russia Business Dialogue.
“It can be confidently said that this year we will break our historical record in mutual trade. It seems to me that this is also a very serious sign and symbol that what we are doing, we are doing it right,” he said.
👮 The growth of trade and economic relations influences the work of the customs authorities of both countries, reported Deputy Head of Federal Customs Service of Russia, Elena Yagodkina:
🔹 Some customs checkpoints have already switched to 24-hour operation to avoid delivery delays.
🔹 Negotiations are underway for mutual recognition of customs control and economic operators. It is expected that around 1,200 companies from India will soon be included in the list of such operators.
🔹 The Russian customs representation in Delhi is engaged in constructive dialogue with all relevant Indian authorities to promptly resolve issues faced by entrepreneurs.
@RoscongressDirect
⚡️In a few minutes, the XIV India–Russia Business Dialogue will start.
👥 Representatives of business circles, federal authorities and Russian regions, development institutions and public organizations will attend it. The plenary session “Fostering Bilateral Trade and Investment Prospects: A Vision for India– Russia Collaboration” will become the key event of the business dialogue.
🤝 The event is designed to support cooperation development, establishing business ties, and learning new ways to enhance mutually beneficial relations.
📽️ Join online broadcast here.
@RoscongressDirect
🇷🇺 🇸🇾 Russia and Syria to strengthen cooperation
🤝 An interagency forum on the development of interstate cooperation took place in Syria under the chairmanship of Svetlana Orlova, auditor of the Russian Accounts Chamber. Also, representatives of the Russian Treasury, the Ministry of Agriculture, and the Chamber of Control and Accounts of the Republic of Bashkortostan took part in the forum.
As part of the visit to Syria, the delegation of the Russian Accounts Chamber also:
🔹 held a working meeting with the Director of the Central Committee for Financial Control of Syria Muhammad Barkomzh;
🔹 organized two seminars for Syrian colleagues on sharing experience in countering corruption and effectiveness audit methodology;
🔹 participated in a humanitarian campaign.
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🇷🇺 🇮🇳 More than 150 representatives from leading Indian companies and media outlets took part in the SPIEF 2024 Offsite Events in Delhi, Mumbai, and Bangalore.
The meetings addressed prospects for the development of Russian-Indian economic and humanitarian partnership relations in the context of the Forum.
“In 2023, the Republic of India had one of the largest delegations at the SPIEF, and the series of offsite events that was held demonstrated the ongoing trend of growing mutual business interest,” SPIEF Director Alexey Valkov said.
Another speaker, Indian Chamber of International Business President Manpreet Singh, noted:
“The opportunities offered by the SPIEF help to expand interstate contacts, increase trade volume, and strengthen the strategic nature of Russian-Indian relations.”
📌 In 2024, the St. Petersburg International Economic Forum will take place on 5–8 June in St. Petersburg, Russia.
Read more.
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🇷🇺 🇮🇳 XIV India-Russia Business Dialogue to take place on 19 December in Moscow
The event will serve as a
major platform for the further expanding business relations between Russia and India in various sectors.
🗓️ The plenary session titled “Fostering Bilateral Trade and Investment Prospects: A Vision for India-Russia Collaboration” will become the key event of the business dialogue. It will address the current state and prospects for the development of bilateral trade and investment growth between India and Russia.
👥 Approximately 600 participants, including representatives of Russian and Indian authorities and business circles, are expected to attend the event.
⏰ Time: 10.00 a.m. — 6.00 p.m.
Gathering: 9.00 a.m. — 9.45 a.m.
📍 Venue: Press center of MIA Russia Today, 4 Zubovskiy Boulevard.
📌 To attend the event online or offline, please register here.
@RoscongressDirect
⚡ Registration of participants in the XV International Economic Forum “Russia — Islamic World: Kazanforum” 2024 has been opened.
As part of the upcoming event, the following activities are scheduled:
🔹 traditional intergovernmental commissions with Islamic countries;
🔹 meeting of the Russia — Islamic World strategic vision group;
🔹 international forum of trade and industrial chambers;
🔹 halal industry exhibition;
🔹 halal fair;
🔹 Muslim fashion festival, and others.
📌 Registration form is available on the official website of the event.
@RoscongressDirect
❓🇺🇸 The cost of servicing the US national debt in the fiscal year 2024 may exceed $1 trillion. What is the structure of the debt? What is the reason for the increase in the American budget deficit? What actions is the US Department of the Treasury taking?
Find answers in the new analytical report by the Roscongress Foundation “Trillion-Dollar Question: Will the US debt servicing scheme crack?” Key topics covered in the research include:
🔹 Tightening monetary policy by the Federal Reserve will contribute to issuing new US government bonds at higher interest rates.
🔹 The executive branch of the US will maintain a high budget deficit in the coming years, increasing the supply of Treasury securities.
🔹 Foreign investors are unable to increase their positions at the same pace as the supply of Treasury securities.
🔹 The US Treasury has increased the share of short-term bills to 21% of the total amount of Treasury securities and does not rule out further growth in this segment.
📌 The full text of the research is available on the official website in Russian.
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🇷🇺 🇮🇳 Russia–India trade turnover to significantly exceed $40 billion in 2023 — Russian Deputy Minister of Trade
“We can definitely expect that the trade turnover between India and Russia will increase just like between Russia and China. <> As for forecasts, I am confident that we will significantly exceed the $40 billion mark,” said Alexei Gruzdev in an interview with Russia Today.
📊 According to the official, Russian companies explore the supply of railway equipment to India, work in the mining sector, supply equipment for the modernization of enterprises, etc. Imports from India have grown by more than 40%, with industrial products accounting for over 70% of it.
💳 Alexei Gruzdev also noted that Russia and India are developing their own payment infrastructure and alternative supply logistics.
@RoscongressDirect
🗓 On 7 February, the first financial event within Russia’s BRICS chairmanship will take place. Deputy finance ministers and central banks’ heads of the member states will discuss the following topics via video conference:
🔹 cooperation on customs and tax;
🔹 blended financing for infrastructure projects;
🔹 the launch of a new BRICS financial research network as part of the BRICS Business Council.
The Roscongress Foundation manages the events of Russia’s BRICS chairmanship.
Read more.
@RoscongressDirect
Vladimir Putin sent greetings to the participants, guests, and organizers of the 15th International Conference on Hybrid Technologies in the Treatment of Cardiovascular Diseases.
✉ The President of Russia noted that the “forum has established itself as one of the most authoritative international scientific and medical platforms in the field of cardiovascular surgery and cardiology.”
📌 The Future Technologies Forum will become the next expert platform to present cutting-edge solutions in cardiology and cardiovascular surgery. The event will take place on 13–14 February in Moscow.
@RoscongressDirect
❗ Strong Ideas for a New Time forum dates determined
🗓 It will take place on 26–27 February 2024 in Moscow.
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🇷🇺🇻🇪 Russia to continue to support efforts of Venezuelan leadership to strengthen national economy and sovereignty
Russian President Vladimir Putin said this during a telephone conversation with President of the Bolivarian Republic of Venezuela Nicolas Maduro.
🚢 During the St. Petersburg International Economic Forum 2023, the Venezuelan Minister of Transportation, Ramon Celestino Velasquez Araguayan, stated that Venezuela intends to enhance cooperation with Russia in the maritime transport sector and establish communication with the port of St. Petersburg. This measure will benefit both passenger and cargo transportation and facilitate trade between Russia and Venezuela.
🤝 During the phone conversation, the heads of state discussed current issues of Russian-Venezuelan cooperation in trade, energy, investments, as well as in the cultural and humanitarian sphere.
Read more.
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🇷🇺 🇸🇦 Russia and Saudi Arabia to celebrate century of diplomatic relations establishment at high state level in 2026
The program was presented during the “Khakimov Club” meeting in Saudi Arabia. The Russian side proposed a number of initiatives, including the filming of documentary and artistic films about Karim Khakimov and King Abdelaziz.
👥 Participants noted that the visit of Russian President Vladimir Putin to Saudi Arabia in December 2023 and negotiations with Saudi Crown Prince Mohammed bin Salman Al Saud, Prime Minister of Saudi Arabia, gave a powerful impetus to bilateral relations.
🤝 Experts also stressed that Russian Muslims serve as a reliable bridge in building connections between the two countries. In 2024, the “Khakimov Club” meetings will continue with the participation of high-level Russian, Saudi, and other experts.
@RoscongressDirect
🇷🇺 🇮🇳 The Roscongress Foundation and the Pharmaceuticals export promotion council of India (PHARMEXCIL) have signed a Memorandum of Understanding.
«We are honoured to sign Memorandum of Understanding with the Roscongress Foundation which would enhance the relationship between India and Russia in the area of pharmaceuticals. I am confident that this collaboration would foster the bilateral engagements in realization of the Vision 2030 program and pave way for Indian pharma in Eurasian Economic Union,» said Bhaskar Udaya, Director General at the Pharmaceuticals Export Promotion Council of India.
According to the document, the parties have agreed to:
🔹Provide every possible assistance and support to organize trade missions and exchange visits of businessmen, fairs, seminars, forums, training courses or other events in both countries.
🔹 Hold seminars and business meetings between the parties to better understand each market.
🔹 Enhance the exchange of information on regulations, market, trade, investment activities and services to identify areas of potential cooperation.
@RoscongressDirect
🇷🇺🇨🇳 Russia–China turnover to increase to $300 billion by 2030
Russian Minister of Economic Development Maxim Reshetnikov commented on the results of the meeting between Russian Prime Minister Mikhail Mishustin and Premier of the State Council of China Li Qiang on expanding strategic partnership.
🔹 In 11 months, the Russia-China trade volume reached 18 trillion rubles (around $200 billion), surpassing the joint target for 2024. By 2030, the plan is to increase this figure to 27 trillion rubles (around $300 billion).
🔹 An agreement on pork supplies to the Chinese market has been reached.
🔹 Currently, over 90% of mutual settlements are conducted in national currencies. This tendency will continue.
🔹 Investment ties are growing, and large-scale projects worth 18 trillion rubles are being implemented in gas and chemical industries, mineral extraction, agriculture, automobile manufacturing, household appliance production, and transportation infrastructure construction.
🔹 A memorandum on green and low-carbon development is being prepared between the Sakhalin Region and Guangdong Province in the field of greenhouse gas emissions quotas and climate adaptation.
🔹 China ranks first in the number of inbound tourist trips to Russia. By the end of the year, the number of Chinese tourists will exceed 1 million.
#RoscongressDirect
🇷🇺 🇮🇳 Business activity reached pre-pandemic level
Alexey Valkov, Deputy CEO of the Roscongress Foundation and Director of the SPIEF, reported this at the plenary session of the XIV India–Russia Business Dialogue.
“The indicators of the St. Petersburg International Economic Forum also prove this: last year, the forum was attended by 17,000 people from over 130 countries. These were the indicators we had before the pandemic,” stated the SPIEF Director, supporting his words with statistics.
Also, Alexey Valkov invited the guests of the business dialogue to participate in the second Russian-Indian Business Forum, which will take place on June 5th, the opening day of SPIEF 2024.
“We are very pleased to welcome representatives of Indian businesses to our platform and will provide comprehensive support to ensure their participation is highly productive, because, of course, we primarily see the St. Petersburg Forum as a tool for business development.”
@RoscongressDirect
🇷🇺 🇮🇳 Representatives of the Roscongress Foundation and the Federation of Indian Chambers of Commerce and Industry (FICCI) met in Moscow.
The meeting participants discussed preparations for the following joint events:
🔹 the Russian-Indian Forum, which will take place on the International Day of Cooperation of the St. Petersburg International Economic Forum;
🔹 Russia–India business dialogues on the sidelines of the SPIEF and Eastern Economic Forum.
📌 As part of the preparations for the SPIEF 2024, offsite events have already taken place in Delhi, Mumbai, and Bangalore.
📌 Tomorrow, on 19 December, the XIV India–Russia Business Dialogue will be held in Moscow. You can register for it here.
@RoscongressDirect
“Energy occupies an important place in the complex of Russian-Chinese multidimensional relations, serving as their locomotive. Despite the challenges faced by our countries in the modern stage, energy cooperation is rapidly advancing in all directions, gaining new content, and acquiring the characteristics of a genuine strategic alliance," said Deputy Prime Minister Alexander Novak at the 20th meeting of the Russian–Chinese Intergovernmental Commission on Energy Cooperation.
During the event, the following points were highlighted:
🔹 Russia traditionally holds the first place in oil exports to China.
🔹 Gas supplies via the Power of Siberia pipeline are increasing.
🔹 Work is underway on new routes for its deliveries, both directly from Russia through the Far Eastern route and via Mongolia.
🔹 Cooperation in LNG and coal supplies to China is expanding.
🤝 The use of coal ash was extensively discussed at the Russia and China: The Ash and Slag Route session of the REW 2023. Experts concluded that cooperation between Russia and China in the field of coal ash management has great potential.
@RoscongressDirect
The Russian economy has a sufficient margin of safety not only to feel confident but also to move forward. During the Results of the Year life broadcast, Russian President Vladimir Putin said:
“As it turned out, and this came as a big surprise to our so-called partners and, frankly, many of us, over the previous decades Russia has accumulated a sufficient margin of safety and stability in finance and the economy.”
Other interesting points by the President are as follows:
🔹 The main indicator of economic growth is GDP, which is expected to have grown by 3.5 percent as of the end of the year.
🔹 Businesses have added 24 percent in profit, the banks will earn almost three trillion rubles.
🔹 Government debt has been reduced from $46 billion to $32 billion.
🔹 Industrial output is increasing steadily, at 3.6 percent. Manufacturing output has grown by 7.5 percent year-on-year.
🔹 Investment in fixed capital has risen by 10 percent. It indicates there will be sustainable growth in the medium term.
🔹 The unemployment rate is now 2.9 percent. “It is something we have never seen in Russian history.”
Read more.
@RoscongressDirect
🇷🇺 🇦🇪 Yugra Governor invited UAE to participate in Spirit of Fire film festival
Recently, a meeting took place between Governor of Khanty-Mansi Autonomous Area — Yugra Natalya Komarova, Ambassador of the UAE to Russia Mohammed Ahmed Al Jaber, and Deputy Director of the Roscongress Foundation Elena Marinina.
“One of our key projects is the Spirit of Fire international film festival. It serves as a platform for dialogue and the establishment of business and creative cooperation. For example, during the previous Spirit of Fire, in partnership with the Roscongress Foundation, we held a Russia–UAE film dialogue. We have agreed on cooperation between the film industries of both countries, film distribution, exchange of experiences, and the creation of international projects,” noted Natalia Komarova.
🤝 Mohammed Ahmed Al Jaber thanked the Governor for the invitation to the Spirit of Fire and emphasized that cooperation between the UAE and Yugra encompasses a wide range of projects.
@RoscongressDirect
❗️ The second Future Technologies Forum dates have been announced.
🗓️ It will take place on 13–14 February 2024.
📍 Venue: World Trade Center, Moscow, Russia.
@RoscongressDirect
Russian trade turnover with friendly countries increased by 21% in 2023
In January–September 2023, the most significant growth in trade was with the following countries:
🇨🇳China;
🇹🇷Turkey;
🇮🇳India;
🇧🇾Belarus;
🇰🇿Kazakhstan;
🇺🇿Uzbekistan;
🇦🇪UAE;
🇧🇷Brazil.
🤝 Russian Prime Minister Mikhail Mishustin reported this at a strategic session to advance foreign trade. He stated that despite the sanctions pressure, Russia is strengthening cooperation with “constructively-minded partners.”
🌐 These countries include partners from the EAEU, CIS and SCO, BRICS, the Asia-Pacific region, the Middle East, Africa, and Latin America.
@RoscongressDirect
🗓 The regions of the North Caucasus Federal District presented their potential at the North Caucasus Federal District Days at the RUSSIA EXPO. They will also showcase their stands at the Caucasus Investment Forum, which will take place in May 2024 in Mineralnye Vody, Russia.
Russian Deputy Prime Minister Alexander Novak took part in the opening ceremony of Day of the Karachayevo-Circassian Republic. He noted that the region’s calling card is its uniquely picturesque landscapes, ancient historical and natural monuments, and healing mineral springs.
🏞️ The Republic of Dagestan presented some of the region’s tourism routes at its stand as part of the Day of the Regions.
🌄 Visitors of the Day of the Republic of Ingushetia were treated to cultural and educational programs, a presentation of different ways to study the Ingush language, and master classes on folk crafts.
🌳 Guests of the Stavropol Territory exposition were greeted with a “buvette tree,” where they could try Kislovodsk Narzan, Yessentuki No. 16, and Slavyanovskaya mineral water.
Read more.
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