WEEKLY NEWS DIGEST

ECONOMIC DEVELOPMENT OF THE
FAR EAST
26 August – 1 September 2019

KEY THEMES• Vice-Premier of the PRC
State Council HuChunhua to head
Chinese delegation atEEF• 2ndRussia-Korea
Interregional Cooperation
Forum to be held at EEF2019• 100,000th foreigner visits
Far East on electronic
visa

EASTERN ECONOMIC FORUM NEWS30 August 2019, TASS

Cabinet Vice Premier Ri Ryong-nam to head DPRK delegation at Eastern Economic
Forum 2019
The North Korean government delegation will take part in the EEF 2019, the DPRK
Embassy in the Russian Federation announced. Ri Ryong-nam is expected to hold a series ofmeetings on the sidelines of the Forum to discuss measures and ways to implement current
economic cooperation issues between the two countries.
https://tass.ru/ekonomika/6826090
30 August 2019, EastRussia

Indonesia to be represented at ministerial level for first time at EEF 2019Ambassador Extraordinary and Plenipotentiary of Indonesia to the Russian FederationMohamad Wahid Supriyadi made this announcement at a meeting with Adviser to the Russian
President Anton Kobyakov. Minister of National Development Planning Bambang Brodjonegoro willtake part in the EEF as a speaker during the session ‘Long-Term and Affordable Capital for
Investments: New Fundraising Opportunities.’
https://www.eastrussia.ru/news/na-vef-2019-indoneziya-vpervye-budet-predstavlena-naministerskom- urovne/
30 August 2019, TASS

‘Far East Street’ exhibition launches official website
Visitors to the website can learn about all the exhibitors and interesting facts about the Far
Eastern Federal District. In a separate section, visitors can find a detailed programme for theexhibition indicating all its activities, including performances by creative groups, master classes,and sporting events. In addition, the website provides a map of the venue on the embankment ofAjaks Bay on Russky Island. The exhibition website is located at www.fareaststreet.ru.
https://tass.ru/ekonomika/6823418

WEEKLY NEWS DIGEST

ECONOMIC DEVELOPMENT OF THE FAR EAST
29 August 2019, TASSPRC State Council Vice-Premier Hu Chunhua to lead Chinese delegation at EEF 2019
Extraordinary and Plenipotentiary Ambassador of China in the Russian Federation Zhang
Hanhui made this announcement during a meeting with Adviser to the Russian President Anton
Kobyakov. The Chinese delegation will also include representatives of major Chinese companies,
such as Alibaba, Asia Fortune Forum, Bank of China, COFCO, CAMC Engineering, State Grid
Corporation, and China Railway International Group. In addition, representatives of the China
Council for the Promotion of International Trade, China Overseas Development Association, theGlobal Energy Interconnection Development and Cooperation Organization, and the Union ofChinese Entrepreneurs in Russia plan to take part in the delegation.
https://tass.ru/ekonomika/6813544
29 August 2019, Lenta.ru

Luxembourg delegation to take part in EEF 2019
Adviser to the Russian President Anton Kobyakov held a meeting in Moscow withAmbassador of Luxembourg in Russia Jean-Claude Knebeler with a focus on strengthening tradeand economic ties and developing cooperation in scientific, technical, and humanitarian affairs.
Knebeler said the Luxembourg delegation to the EEF will be headed by Deputy Prime Minister
Etienne Schneider for the second time. He also noted that Luxembourg’s participation in theRoscongress Foundation’s business events directly helps strengthen economic ties and develop a
constructive business dialogue.
https://lenta.ru/pressrelease/2019/08/29/luxembourg/
29 August 2019, FederalPress

Roscongress Foundation releases EEF 2019 magazine
The Roscongress Foundation has published a special magazine for the 5th Eastern
Economic Forum. The magazine’s materials focus on major infrastructure and social projects aswell as plans for investment and the tourism development of the Russian Far East. The magazine
includes an interview with Minister for the Development of the Russian Far East and Arctic
Alexander Kozlov as well as a description of the key events of the Forum programme. Themagazine is designed to introduce readers to the unique culture and economic potential of the Far
East.
The issue is being released in two languages, Russian and English, and distributed at key
venues of the EEF as well as in the official cars of the Forum and in airplanes flying from Moscow
to Vladivostok.
http://fedpress.ru/news/25/economy/2302242
27 August 2019, TASSInternational Commercial Arbitration Court opens in Vladivostok during EEF
The International Commercial Arbitration Court will hold the grand opening of its branch inVladivostok on the sidelines of the 5th Eastern Economic Forum. The branch is expected tobecome a centre for arbitral proceedings for entrepreneurs in the Far Eastern region that aims todisseminate best international practices in arbitration and create a favourable legal environment.
The International Commercial Arbitration Court at the Russian Chamber of Commerce is
one of the largest and most respected arbitration centres in the world. Each very year, the court
considers 250–300 international commercial disputes involving companies from 40–50 countries.
https://tass.ru/ekonomika/6802700

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WEEKLY NEWS DIGEST

ECONOMIC DEVELOPMENT OF THE FAR EAST
27 August 2019, Interfax

2nd Russia-Korea Interregional Cooperation Forum to be held at EEF 2019
Issues concerning economic cooperation between 11 regions of Russian Far East andterritorial entities of the Republic of Korea will be discussed at the event on 6 September. The
development priorities of the Far East as well as investment projects involving bilateral cooperation
will be presented during the Forum. The theme of the Forum is ‘Exploring New Opportunities’.
https://www.interfax.ru/events/news/674120

FAR EAST NEWS29 August 2019, Komsomolskaya Pravda

100,000th foreigner visits Far East on electronic visa
The number of foreigners who have entered the Russian Far East on an electronic visa has
topped one hundred thousand. A flight from Norita that arrived at the Vladivostok International
Airport carrying the 100,000th passenger was met by representatives of the regional administration,
Rossiya Airlines, airport employees, the Far East Investment and Export Agency, and journalists.
Two Japanese citizens were recognized as guests of honour.
The Far Eastern Federal District has been using the electronic visa processing mechanism
since August 2017. The e-visa has been the most popular among citizens of China, Japan,
Singapore, and India.
https://www.kp.ru/daily/27022/4085206/
29 August 2019, TASS

More than 40 federal laws and 191 resolutions adopted to develop the Russian Far East
Minister for the Development of the Russian Far East and Arctic Alexander Kozlov madethis announcement during an interview for the official magazine of the Eastern Economic Forum.
Kozlov said that industrial production growth rates in the macro-region are now three times higher
than the Russian average thanks in large part to the new regulatory framework. The Russian Far
East accounts for a third of all foreign direct investment in Russia in recent years.
https://tass.ru/ekonomika/6811154

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