ISFA &Roscongress Foundation Sign Strategic Cooperation Agreement at SPIEF 2026

In a landmark development aimed at enhancing international business collaboration and supporting the growth of Indian MSMEs, startups, and industry leaders, the Indian Small Business & Franchise Association (ISFA) signed a Cooperation Agreement with the Roscongress Foundation during the prestigious St. Petersburg International Economic Forum (SPIEF) 2026, Russia.

The agreement was signed by Gaurav Marya, Chairman of ISFA, and Alexander Stuglev, Chief Executive Officer of the Roscongress Foundation.

This strategic partnership reflects ISFA's commitment to creating global opportunities for Indian businesses and strengthening economic ties between India and Russia.

Key Highlights of the Agreement

Strategic Objectives

• Promote long-term business cooperation between India and Russia.
• Facilitate effective communication between business communities, policymakers, experts, and investors of both nations.
• Support Indian MSMEs, startups, SMEs, and established industries in accessing international markets.

Major Areas of Cooperation

• Development of international communication and collaboration platforms.
• Strengthening existing business relationships and creating new partnerships.
• Promotion of investment, trade, export-import activities, Franchise Business, tourism, and cultural cooperation.
• Joint advocacy and promotion of economic development initiatives.

Business Growth Opportunities

• Enhanced market access for Indian enterprises in Russia and Eurasian markets.
• Facilitation of cross-border investment opportunities.
• Creation of networking opportunities with global stakeholders, investors, and policymakers.
• Exchange of market intelligence, industry insights, and expert guidance.

Joint Activities

• Organization of bilateral and multilateral forums, conferences, exhibitions, business meetings, and trade fairs.
• Joint knowledge-sharing initiatives and expert consultations.
• Collaborative promotional campaigns and industry outreach programs.
• Cross-promotion of events and initiatives through both organizations' communication channels.

Expected Impact

This collaboration is expected to open new avenues for Indian MSMEs, startups, franchise businesses, investors, and industry leaders to explore global markets, attract investments, build strategic partnerships, and participate in high-level international economic forums.

Through this agreement, ISFA reinforces its vision of positioning Indian enterprises on the global stage while contributing to economic growth, entrepreneurship development, innovation, and international business cooperation between India and Russia.