Today, on April 25, Sergey Georgievich Voronkov has addressed the RF President Vladimir Putin. In his speech, the President of the RUEF (Russian Union of Exhibitions and Fairs) expressed his gratitude to Vladimir Vladimirovich for the assignment that he made earlier on elaboration of additional measures to provide support of the convention and exhibition industry. Over this period, the industry development strategy and the roadmap up to 2030, standards, state statistics and many other things have already been approved.

In this regard, Sergey Georgievich applied with two initiatives, namely:

– Support of exhibition participation for the small and medium business (SMB) representatives.

To date, the funding limits for exhibition participation, including the federal one, have been materially reduced since 2021. To solve this issue, it is worth to consider a possibility to develop and adopt a single mechanism of compensation of not less than 50% expenses for participation in the Russian exhibitions and conventions for supporting small and medium business.

– Introducing into the State Duma of a draft law «On Exhibition and Convention Activities».

This initiative will enable to systematize the activities and to put in order over 40 industry-based regulations that overlap and contradict each other, to fix the conceptual framework, to determine powers of public authorities, to create conditions, incentives and opportunities for investors in construction of the necessary complexes which are available only in 24 constituent entities of the Russian Federation.

Vladimir Vladimirovich supported the proposals articulated by Sergey Voronkov. Additional comments were provided by Denis Valentinovich Manturov, Deputy Chairman of the Government of the Russian Federation, Minister of Industry and Trade of the Russian Federation, who promised to look into ways to enable subsidizing of SMB for taking part in the Russian exhibition in a manner similar to the functioning REC mechanism, and to consider the draft law submitted to the RF Ministry of Industry and Trade at the Interagency Working Group.