DAILY INFORMATION DIGEST

ECONOMIC DEVELOPMENT
OF THE FAR EAST
11 September 2018

EASTERN ECONOMIC FORUM NEWSPresident of Russia held a meeting with President of PRC
Along with the questions of economy and interregional cooperation Vladimir Putin and Xi
Jinping discussed international issues. After the meeting, a ceremony took place with theexchange of documents signed during the visit of the Chinese leader to the Russian Federation.
(Rossiyskaya Gazeta)
EEF hosted a meeting between Vladimir Putin and 26 representatives of the international
business community.
The president noted that when working with Russia foreign investors should consider realitiesof life, not stereotypes circulating in the international community. (TASS)
Vladimir Putin called the construction of Zvezda shipyard a national-scale project.
The president of the Russian Federation visited the enterprise in the Primorye Territory
and took part in the keel laying ceremony for the first Aframax tanker. (Vesti.ru)
92 representatives from 34 Korean companies and institutions took part in theRussia–Korea business dialogue.
Prime Minister of the Republic of Korea Lee Nak-yeon greeted the participants of the roundtable. (Izvestia)
Young diplomatic workers from 9 countries take part in the APC Young Diplomats Forum atEEF.
The participants include representatives of Russia, Vietnam, India, China, Nepal, Peru, Singapore,
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ECONOMIC DEVELOPMENT IN THE FAR EAST

USA, and Thailand. The event is coordinated by the Council of Young Diplomats of the Ministryof Foreign Affairs of the Russian Federation. (TASS)
Agency of Strategic Initiatives (ASI) is ready to support South Korean companies inimplementing technological projects in Russia.
Svetlana Chupsheva, General Director of the agency made this statement during the Joint
Meeting of Russia–Korea and Korea–Russia Business and Investment Councils (TASS)
5 large agreements amounting to 400 billion roubles signed on the first day of theEEF.
Signings took place in the presence of Yuri Trutnev, Deputy Prime Minister of the RussianFederation and Presidential Plenipotentiary Envoy to the Far Eastern Federal District andAlexander Kozlov, Minister for the Development of the Russian Far East. Projects will result in
4.5 thousand new jobs. (RIA Novosti)
Aeroflot and Joint Aviation Corporation signed an agreement to deliver 100 Sukhoi
Superjet planes.
The document was signed on the side lines of the Forum in the presence of Vladimir Putin.
(Interfax)

Vnesheconombank and Japan Bank for International Cooperation (JBIC) signed a cooperationagreement at the EEF.
Partners are to work out the mechanisms of joint financing of projects in East Siberia and theFar East, as well as trade contracts between Russian and Japanese companies. (RIA Novosti)
NOVATEK and Japanese Oil, Gas and Metals National Corporation (JOGMEC) will look
into possible cooperation in Arctic LNG 2.
Memorandum of association was signed at the EEF 2018. (Vesti. Ekonomika)
Russian-Chinese Investment Fund and Tus-Holdings created a Russian-Chinese venture
fund with the initial capital of $100 million. The fund already looked into 100 potential
projects contributing to scientific and technological progress of the two countries. The firstdeal is to be announced before the end of the year. (PRIME AEI)
Roscongress Foundation signed a number of cooperation agreements with Russian andforeign companies and organizations.
The list included the Korea Chamber of Commerce and Industry, China Huaming
International Investment Corporation, China National Corporation on Arts and Culture,
Russian Academy of Sciences, Women’s Diplomacy Development Fund. (TASS)2WEEKLY INFORMATION DIGEST

ECONOMIC DEVELOPMENT IN THE FAR EAST

RAS and Rosobrnadzor to conduct join work to improve school examination system anddevelop methods to uncover creative talents of students.
The unofficial announcement was made by Alexander Sergeev, President of the Russian
Academy of Sciences at the EEF. (RIA Novosti)
Irkutsk will launch a centre to consult Russian regional leaders on cooperation with PRC
before the end of 2018
Centre will be organized as a foundation. The news was reported by Artyom Semenov,Russian-Chinese Committee of Friendship, Peace and Development. (TASS)
New investment Internet service was presented at EEF.
A fully-fledged web office provides direct and efficient interaction with the Ministry for
the Development of the Russian Far East and other executive offices. It currently has over1 thousand registered users. (TASS)
Olympic Patrol exhibition lesson and judo seminars for the children of the Primorye
Territory took place during EEF 2018.
The project of the Russian Olympic Committee featured celebrated Russian judo wrestlers
and involved nearly a thousand school children. (RIA PrimaMedia)
The Roscongress Foundation is a socially oriented non-financial development institution
and a 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 withadvice, information, and expert guidance, and offering comprehensive evaluation, analysis,
and coverage of the Russian and global economic agendas. It offers administrative services
and promotional support for business projects and helps to attract investment, includingin the form 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, andgovernment officials in one place, creating favourable conditions for dialogue and thepromotion of new ideas and projects, and assisting in the creation of social enterprise andcharity projects.
www.roscongress.org

ORGANIZER OF THE EASTERN ECONOMIC FORUM:
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