WEEKLY NEWS DIGEST

ECONOMIC DEVELOPMENT OF THE
FAR EAST
19-25 August 2019

KEY THEMES• EEF 2019 businessprogramme to include
over 70 events• Putin sends greetings
to 5th Eastern
Economic Forum
participants• Roundtable on small
business in the Russian
Far East held in run-up toEEF 2019

EASTERN ECONOMIC FORUM NEWS22 August 2019, TASS, Rossiyskaya Gazeta, Gazeta.ru, Izvestia, Lenta.ru, Interfax, RT

Experts discuss prospects for developing small and medium-sized enterprises in Far East inrun-up to EEF 2019
The roundtable ‘Small Business of the Far East. Opportunities, Conditions, andPreferences’ was held in Moscow as part of preparations for the 5th Eastern Economic Forum. It
was attended by experts from the Ministry for the Development of the Russian Far East and Arctic,
the Far East Development Fund, the Agency for the Development of Human Capital in the Far
East, and Opora Russia All-Russian Non-Governmental Organization of Small and Medium
Business.
As the roundtable participants noted, more than 300,000 SMEs do business in the Far
Eastern Federal District. Twenty advanced special economic zones (ASEZ) have been set up andare home to 369 residents who are implementing projects with total investment of RUB 2.5 trillion.
A total of 95 projects have already been implemented in the ASEZ. Overall, more than 61,000 jobs
are expected to be created. The Free Port of Vladivostok provides benefits to 1,404 residents withtotal investment of RUB 698.5 billion. More than 68,000 jobs are to be created here.
22 August 2019, Interfax

Russian and Japanese national sumo teams to meet at EEF 2019
The national sumo teams of Russia and Japan will meet on 4 September in Vladivostok aspart of the sporting programme of the 5th Eastern Economic Forum. The matches of the world’s top
sumo wrestlers will be part of the programme of the Russian-Japanese Sumo House, which willfunction during the Forum as part of the ‘Street of the Far East’ exhibition.
The programme also includes demonstrations by sumo wrestlers and masters of thetraditional Tuvan wrestling Khuresh, an interactive introduction to the philosophy of sumo, andperformances by musical and creative groups.
http://www.interfax-russia.ru/Moscow/special.asp?sec=1725&id=1058496

WEEKLY NEWS DIGEST

ECONOMIC DEVELOPMENT OF THE FAR EAST22 August 2019, Izvestia

South Korean delegation at EEF 2019 to be led by Deputy Prime Minister for Economy
and Minister of Planning and Finance Hong Nam-kiAmbassador Extraordinary and Plenipotentiary of the Republic of Korea to the RussianFederation Lee Sok-bae made this announcement during a meeting with Adviser to the Russian
President Anton Kobyakov. The parties discussed the South Korean delegation’s participation in
the 5th Eastern Economic Forum, which will be held on 4–6 September in Vladivostok.
https://iz.ru/912855/2019-08-22/delegatciiu-respubliki-koreia-na-vef-2019-vozglavit-vitce-premer-poekonomike-ministr-planirovaniia
22 August 2019, TASS

New mechanisms to stimulate economic growth in the Russian Far East to be discussed atEEF
Possible measures and mechanisms to stimulate economic growth in the regions of theRussian Far East will be one of the discussion topics within the business programme of the 5th
Eastern Economic Forum.
Economic incentives will be discussed during the session ‘Countries Competing for
Economic Growth: What is Russia's Plan?’ Representatives of Russian ministries and agencies,
business communities, governors of the Far Eastern Federal District, and foreign experts will takepart in the session. It will be moderated by Presidential Commissioner of the Russian Federationfor the Protection of Entrepreneurs’ Rights Boris Titov.
The session will offer solutions that will subsequently be included in the Roadmap for
Sustainable Growth in the Non-Commodity Sector of the Russian Economy.
https://tass.ru/v-strane/6786968
21 August 2019, Komsomolskaya Pravda

Vladimir Putin sends greeting to EEF guests and participants
In particular, the Russian President’s greeting reads: “Developing the Russian Far East,strengthening its economic and innovative potential, and improving the quality of people’s lives is
our prime objective and a challenge on a truly national scale. Serious and unprecedented
measures have recently been taken to support business in the region and create advanced special
economic zones. Industrial, social, educational, and sports infrastructure is being built, with great
attention being paid to the creation of an area that enjoys special legal regulation – the Free Port ofVladivostok. Partnerships have been intensifying between the business communities of Russia andAsia-Pacific countries”. Putin also expressed confidence that the upcoming Forum will be held in aconstructive spirit and will generate new, promising projects that will help build mutually beneficial
cooperation and collaboration.
https://www.kp.ru/daily/27019.4/4081280/
20 August 2019, RIA Novosti

EEF business programme to include more than 70 events
The events include panel sessions, business breakfasts, roundtables, and businessdialogues. The forum programme consists of four main thematic pillars: ‘New Solutions for
Accelerating Economic Growth’, ‘Improving the Business Environment’, ‘The Far East and Asia
Pacific: Fostering Collaboration’, and ‘New Solutions for Improving Quality of Life’. The central
event of the EEF will be a plenary session attended by Vladimir Putin. The EEF 2019 will also
include country-based business dialogues with entrepreneurs from India, China, Japan, South
Korea, ASEAN, and Europe.
https://ria.ru/20190820/1557668678.html

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WEEKLY NEWS DIGEST

ECONOMIC DEVELOPMENT OF THE FAR EAST
19 August 2019, Lenta.ru

Alexander Shlemenko to fight at EEF 2019
The first Roscongress Vladivostok Combat Night international MMA tournament will be heldon 5 September in Vladivostok as part of the sporting programme of the 5th Eastern EconomicForum. The title match will feature some of the world’s most elite middleweight fighters – Russian
Alexander
Shlemenko
andAmerican
Chris
Honeycutt.
https://lenta.ru/pressrelease/2019/08/19/shlemenko/

FAR EAST NEWS22 August 2019, Interfax

Investment in Primorye agricultural biological cluster to total RUB 18.7 bln
Investments in the establishment of an agricultural biological economic cluster in theMikhailovsky Special Advanced Economic Zone in the Primorye Territory will amount to RUB 18.7
billion, the press service of the Far East Investment and Export Agency said. The project is being
implemented by the Arnika group of companies. Two enterprises in the cluster are expected toopen next year. http://www.interfax-russia.ru/FarEast/news.asp?id=1058177&sec=1679
19 August 2019, TASS

Golden Mask Festival to open theatrical art development programme in the Russian FarEast
Guest performances by Golden Mask laureates and nominees on 26 August will set thestage for an extensive programme to develop theatrical art in the Russian Far East, which will be
implemented over the course of 2019 and 2020. This project, which was initiated by People’s Artistof the Russian Federation Yevgeny Mironov, has received the support of the President of theRussian Federation and the federal and regional authorities.
As part of the programme, theatres in the Russian Far East will receive grant support torevamp their repertoire and invitations to performances by young directors. Theatres of the Far
East will hold festivals to strengthen creative ties and to engage in a mutual creative exchange in2019 and 2020.
https://tass.ru/kultura/67743083