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EEF 2016: Russia - China, and international

August 31, 2016   13.57            UTC +3

 

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The 2019 5th Eastern Economic Forum, in Russia

Published time: September  04, 2019    03:17  GMT + 3

Last edited:  September  04, 2019    03:43  GMT + 3

The 5th Eastern Economic Forum in Russia's Vladivostok, in the Far East of Russia, has, this year, as in previous EEF forums, participants and leaders from a range of countries, which this year include China, India, Japan, Malaysia, Mongolia, Italy - and many others. The conference also attracts business leaders and representatives from around the world. A Japanese group attending the Forum is expected to have approximately two hundred officials and business representatives. The Forum business programme has around 50 events. 

 


The Eastern Economic Forum (EEF), which focuses on Russia's far East, and takes place in Russia's Vladivostok each year, was started by decree of the Russian president in 2015. Over the years participant numbers have increased.

 

The Russian  president, Vladimir Putin, is attending the EEF and has a number of scheduled meetings with various foreign leaders as part of the conference.

 

The EEF plenary session, a main session of the Forum, occurs  on September 5. Attending will be, in addition to the Russian president,  various guests of the forum which this year include the Indian prime minister Narendra Modi, the Japanese prime minister Shinzo Abe, the Mongolian president Khaltmaagiin Battulga, and the Malaysian prime minister Mahathir Mohamad. 

 

At the plenary session - according (says TASS) to the Russian President's aide Yuri Ushakov - Vladimir Putin will speak on topics which may include: free trade and WTO (world trade organisation) law, unfavourability of trade sanctions in regard to international economic co-operation, and security and stability in the Asia-Pacific.

 

The Eastern Economic Forum aims to  promote and accelerate the development of Russia's far East,  and increase co-operation in Asia-Pacific region. It includes a focus on the Far Eastern Federal District, the Advance Development Territories and the Vladivostok Free Port.  The event is organised by the Roscongress Foundation.  

 

What has been achieved in five years according to Russian politician Yury Trutnev, is considerable.


According to Yury Trutnev, Deputy Prime Minister of the Russian Federation – Presidential Plenipotentiary Envoy to the Far Eastern Federal District of the Russian Federation,   the result of last year's EEF was approximately 6,000 participants from over 60 countries. Agreements signed had a value of over 3 trillion RUB.  (this figure 'only includes agreements whose worth is not a commercial secret'  - roscongress.org) .


Trutnev says that, since 2014, approximately 32% of all direct foreign investment went to Russia's Far East. Approximately seventeen countries invest in the Far East, he says, including, among others:  China, Japan, the Republic of Korea, Australia, New Zealand, and Vietnam. 

 

 


written by Katrina Wood


sources of information include TASS and roscongress.org

 

(note:  error correction english version: this story was published 2019, not '2018' - apologies)

 

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Image courtesy Roscongress foundation,

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