WEEKLY DIGEST
ECONOMIC DEVELOPMENT OF
THE FAR EAST
13–17 September 2018

NEWS FROM THE EASTERN ECONOMIC FORUM
Deputy Prime Minister of the Russian Federation – Presidential Plenipotentiary Envoy tothe Far Eastern Federal District Yury Trutnev, summarized the results of the 4th Eastern
Economic Forum. More than 6,000 delegates and more than 1,300 media representatives
from 60 countries participated in the Forum. Participants signed 220 agreements worth
more than 3.1 trillion roubles. (Interfax)
Participation of PRC President Xi Jinping in the Eastern Economic Forum is indicative ofChina’s interest in the Russian Far East, Press Secretary of the Russian President Dmitry
Peskov reports. According to Peskov, the fact that Xi Jinping’s chose to attend and participate
in the Forum is a sign of his trust in the President of the Russian Federation and theimportance of the Far East and the EEF to China. (Rossiiskaya Gazeta)
The Baimsky Mining and Processing Plant construction project in Chukotka is the mostsubstantial agreement of the EEF 2018. Other sizable agreements include: a joint ventureagreement between Alibaba, Mail.ru Group, Megafon and RDIF; a PAO Aeroflot delivery of 100
Sukhoi SuperJet 100 aircraft; and a project to construct a liquefied natural gas terminal inKamchatka. (Vesti. Ekonomika)
The government of Yakutia signed 32 contracts during the 4th Eastern Economic Forum.
The maximum potential effect of agreements is equal to 170 billion roubles. According
to CEO of the Yakutia Investment Development Agency Alexander Kondrashin, the region
presented 41 investment projects at the Forum for a total of 1.366 trillion roubles. (TASS)

1DAILY DIGEST
ECONOMIC DEVELOPMENT OF THE RUSSIAN FAR EAST

Fourteen politicians and representatives of the business community from Russia, China,
and South Korea spoke at the EEF Youth Platform lecture course. The central theme ofthe lecture course was a vision of 2030 and the development of high-tech solutions. Thespeakers also touched upon international relations, leadership, management, production andadministration. (Izvestia)
National social projects contest INNOSOCIUM started at the EEF. Contest applications will
be accepted starting on 1 October. Projects targeting the following areas can be submitted:
healthcare, environmental protection, education, active longevity, inclusivity, women’s
leadership, territory development, and culture. (News.Rambler.ru)
Russia and France to strengthen cooperation. Advisor to the President of the RussianFederation Anton Kobyakov and Ambassador Extraordinary and Plenipotentiary to Russia
Sylvie Bermann discussed the participation of the French delegation in the EEF events andconsidered cooperation in other key international events in Russia and France. (Lenta.ru)
A delegation of students from North America’s leading universities took part in the EEF.
President of the Russian Academy of Sciences Alexander Sergeev met with the guests andspoke about the role of science in the development of Russia and the Far East. Students voiced
their views on the development of the education system in APR countries. (RIA FederalPress)
The Russian company Biocad signs agreement at the EEF to build a pharmaceuticalplant in China. Industry and Trade Minister Denis Manturov was present at the signingceremony. (Kommersant)State Corporation Rostec signs a deal with the block-chain project Vostok on setting up
an office for projects implemented under the Digital Economy of Russia programme. The
companies plan to implement the Vostok platform to collect, store, and exchange data
between state agencies, citizens, and municipal institutions. (RBK)
Russian Direct Investment Fund, AFK Sistema, and the South Korean company Macrogen
agree to cooperate on biotechnology development in the Russian Federation during the4th Eastern Economic Forum. The agreement envisages the joint practical application ofMarcogen’s bio resources in Russia and further additional research. (Vesti. Ekonomika)
Head of the Republic of Tatarstan Rustam Minnikhanov and Secretary of the Zhejiang
Provincial Committee of the Communist Party of China Che Jun sign an agreement oncooperation in the economic, scientific, social, and cultural spheres. At the Forum, theRepublic Head also met with the leaders of two other Chinese provinces: Sichuan andShandong. (TASS)
2DAILY DIGEST
ECONOMIC DEVELOPMENT OF THE RUSSIAN FAR EAST

The first guide to the reserves and national parks of the Far East was presented during
the EEF. The book is published in Russian and English. Kronotsky State Reserve and ANO
Expocenter ‘Zapovedniki Rossii’ are the publication’s official partners. (TASS).

NEWS FROM THE FAR EA ST
2018 sees new fishing records set in the Russian Far East. More than 612 thousand
tonnes of salmon have been caught. The previous record – 520 thousand tonnes – wasset in 2009. The size of the Iwashi sardine and mackerel catches, both industriallypromising, also increased. (RIA Novosti)
The Region Group pledges to be a new investor in the construction of a cross-bordercableway across the Amur River between Blagoveshchensk and the Chinese city ofHeihe, reported Acting Governor of Amur Region Vasily Orlov. (TASS)
4th Eastern Economic Forum sees registration of the first resident in the special
administrative region on Russky Island. The resident was Finvision Holdings, which
pledges to invest at least 50 million roubles in the development of the island within sixmonths. (TASS)The Roscongress Foundation is a socially oriented non-financial development institution anda major organizer of international conventions, exhibition and public events.
The Roscongress Foundation was founded in 2007 with the aim of facilitating thedevelopment of Russia’s economic potential and strengthening the country’s image byorganizing international conventions, exhibitions, and public events. The Foundation develops
substantive content for such events, providing companies and organizations with advice,information, and expert guidance, and offering comprehensive evaluation, analysis, andcoverage of the Russian and global economic agendas. It offers administrative services andpromotional support for business projects and helps to attract investment, including in theform of public-private partnerships.
Today, its annual programme includes events held from Montevideo to Vladivostok, offering
an opportunity to bring together global business leaders, experts, the media, and government
officials in one place, creating favourable conditions for dialogue and the promotion of new
ideas and projects, and assisting in the creation of social enterprise and charity projects.
www.roscongress.org

ORGANIZER OF THE EASTERN ECONOMIC FORUM:3