MONTHLY NEWS DIGEST
ECONOMIC DEVELOPMENT
OF THE RUSSIAN FAR EASTFebruary 2019
KEY TOPICS• National programme
got the development of
the Russian Far East willbe the main subject of
the EEF 2019

• Russia pledges support
for Korean investors in
the Far East

• Russian Far East presents
its investment potential to
the Finnish business
community

EASTERN ECONOMIC FORUM NEWS4 February 2019, RIA Novosti

EEF will provide a special platform for innovations
This year, in September 2019, the Eastern Economic Forum (EEF) will provide a special platform
for participants to present the technological innovations from Asian countries.
“For the first time at the next Eastern Economic Forum there will be a special platform dedicatedto Northeast and Southeast Asia, where various technological projects will be presented,” said
Acting Vice Governor of Primorye Territory Konstantin Bogdanenko, speaking on the sidelines ofthe Japan-Russia Investment Forum in Tokyo on Monday.
https://ria.ru/20190204/1550360013.html
8 February 2019, TASSThe national programme for the development of the Russian Far East will be the main
subject of the EEF 2019
President of the Russian Federation Vladimir Putin gave the order to prepare a national
programme for the development of the Russian Far East until 2025. It is going to bring together
the provisions of the already adopted national projects and state programmes, long-term sectoralplans of government agencies and infrastructure companies, and development strategies for all
regions of the Russian Far East, taking into account the growing role of the Far East in the Russian
economy.
https://tass.ru/ekonomika/6093405

MONTHLY NEWS DIGEST
ECONOMIC DEVELOPMENT OF THE RUSSIAN FAR EAST
8 February 2019, Administration of Primorye TerritoryOleg Kozhemyako: Anniversary Eastern Economic Forum must be held at a high level oforganization
The first meeting of the Organizing Committee for preparation and holding of the 5th Eastern
Economic Forum, chaired by Yury Trutnev, Presidential Plenipotentiary Envoy to the Far Eastern
Federal District, was held on 7 February in Moscow. The main subject of the Eastern EconomicForum will be the National Programme for the Development of the Russian Far East. Governor ofPrimorye Territory Oleg Kozhemyako took part in the meeting.
As Oleg Kozhemyako noted, commenting on the results of the meeting, it is important that
Vladivostok, the capital of the Russian Far East, properly welcomes its Russian and foreign guests
and hosts the 5th Eastern Economic Forum at a high level of organization.
https://www.primorsky.ru/news/157206/

GOVERNMENT POLICY IN THE RUSSIANFAR EAST
12 February 2019, Rossiyskaya Gazeta

Russia pledged support for Korean investors in the Far East
Russia is interested in driving Korean investment to the Russian Far East and promises full support
to South Korean businesses. This was announced by Yury Trutnev, Presidential Plenipotentiary
Envoy to the Far Eastern Federal District in Seoul on 12 February.
https://rg.ru/2019/02/12/reg-dfo/rossiia-poobeshchala-podderzhku-korejskim-investoram-na-dalnem- vostoke.html
19 February 2019, Komsomolskaya Pravda

The best proposals for development of the Russian Far East are being selected at theдв2025.рф portal
The best proposals for development of the Russian Far East are being selected at the дв2025.рф
portal. Voting in three categories (the work of government agencies, the Far Eastern Hectare andthe environment) has been open since 18 February.
Voting will allow to rank the measures that should be included in the National Programme for theDevelopment of the Russian Far East until 2025 by their relevance and importance.
https://www.yakutia.kp.ru/daily/26944/3995174/
26 February 2019, RBC

Vladimir Putin signed a decree on improving state governance in the development of theArctic
The President of Russia signed a decree “On improvement of public administration in thedevelopment of the Arctic zone”. Particularly, the document makes a provision to rename theMinistry for the Development of the Russian Far East into the Ministry for the Development of theRussian Far East and Arctic. Within three months, the government must determine its scope ofauthority and number of employees.
https://www.rbc.ru/rbcfreenews/5c75680c9a79477fe0702eff

MONTHLY NEWS DIGEST
ECONOMIC DEVELOPMENT OF THE RUSSIAN FAR EAST

THE RUSSIAN FAR EAST ECONOMY
13 February 2019, Vesti.FinanceRussia and South Korea have planned USD 1 billion worth of projects in the Far East
“Today we are working on a number of promising joint investment projects worth over USD 1billion. They concern modernization of the port infrastructure, production of environmentallyfriendly goods and building medical centres. We will support all of these projects, among others,
by providing tax breaks and helping with infrastructure,” said Presidential Plenipotentiary Envoy
to the Far Eastern Federal District Yury Trutnev.
https://www.vestifinance.ru/articles/114649
28 February 2019, TASS

Russian Far East presented its investment potential to the Finnish business community inHelsinki
The Far Eastern Federal District of the Russian Federation presented its investment potential toFinnish companies in Helsinki, the Trade Representation of Russia in Finland reported on 27February.
The seminar held at the trade mission was attended by members of the Finnish business
community representing various sectors: mechanical engineering, timber industry, shipbuilding,logistics.
Vasily Grudev, Investment Director of the Far East Investment and Export Agency, spoke about
the features and promising areas of socio-economic development in the Far Eastern Federal
District. He cited examples of successfully implemented investment projects and identified niches
for industrial cooperation in such sectors as woodworking, telemedicine, biotechnology, waste
processing, energy, ICT, transport and logistics, clean technology, metallurgy and mining,
agriculture, tourism, etc.
https://tass.ru/ekonomika/6169482

NEW DEVELOPMENT MECHANISMS FOR THE
RUSSIAN FAR EAST: SUCCESS STORIES
26 February 2019, Prima MediaThe draft to the first batch at the Accelerator of Technopark ‘Russky’ started inVladivostok
Applications are expected from audacious, decisive and committed people with entrepreneurial
mindset, who are ready to build the future of their business projects and enter new markets.
Accelerator is a new tool for the development of business projects that will help technopark
residents to promote and improve their ideas for proper implementation in the markets. TheAccelerator of Technopark ‘Russky’ also gives an opportunity to make products and services readyto enter the markets of the countries in the Asia-Pacific region. It must be noted that 65
companies have become residents of the technopark already.
https://primamedia.ru/news/790049/

MONTHLY NEWS DIGEST
ECONOMIC DEVELOPMENT OF THE RUSSIAN FAR EAST
28 February 2019, Vesti.ru

Far Eastern Branch of the Russian Academy of Sciences concluded a cooperationagreement with scientists from China
A cooperation agreement providing for the implementation of joint projects was concluded
between the Far Eastern Branch of the Russian Academy of Sciences (FEB RAS) and the Shanghai
Branch of the Chinese Academy of Sciences, as Valentin Sergienko, FEB RAS Chairman, reported
after visiting the People’s Republic of China.
“The agreement that we signed in Shanghai provides for the joint projects to be organized. We
now have to define a list of priority areas, and in the near future we expect several Chinesedelegations to pay us a visit,” said Valentin Sergienko.
https://www.vesti.ru/doc.html?id=3121310&cid=17

ORGANIZER OF THE EASTERN ECONOMIC FORUM:
roscongress.org