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May 2018
Klaus Schwab: Russia is one of the responsible global regulation leaders

Founder and Executive Chairman of the World Economic Forum in Davos Klaus Schwab praised highly the organization of the St. Petersburg International Economic Forum. “I was deeply impressed by the scale of the event, as much as the relevance and importance of the matters discussed there,” he said.

“In the new economic environment and with due regard for the latest technological breakthroughs, we are faced with the need for new cooperation formats tailored to the task of securing wellbeing at the global and regional levels. So we are poised to continue working with the Russian Federation to build ties and search for constructive solutions. I am absolutely positive that Russia, as one of the leaders in responsible global regulation, must play a central role in determining new forms of co-existence in the era of the fourth industrial revolution,” Mr. Schwab added.

The Roscongress Foundation and the World Economic Forum International Organization for Public-Private Cooperation signed a memorandum of cooperation on the sidelines of the St. Petersburg International Economic Forum 2017.

During his meeting with Professor Schwab Adviser to the President of the Russian Federation Anton Kobyakov commented: “The memorandum signed with the World Economic Forum will facilitate joint develop and promote Russia’s initiatives, harmonize positions on urgent economic matters of concern to the global business community, and confirm the status of the Russia House project to be launched in 2018 by the Roscongress Foundation as the official Russian residence, which is expected to become a centre of Russian culture and a discussion platform during the World Economic Forum.”