Results of the Eastern Economic Forum

The 7th Eastern Economic Forum has completed its work, designed to promote the accelerated development of the economy of the Far East and the expansion of international cooperation in the Asia-Pacific region. In addition, the key theme of the Forum was “Formation of a multipolar world.” Moscow can be understood in this choice…

Traditionally, new development tools are developed and breakthrough technologies are presented at the forum, landmark investment contracts are concluded and key decisions are made for the development of the country. This year was no exception – on the sidelines of the WEF, Russian President Vladimir Putin launched three new production facilities in the Far East. Among the launched productions are the CNF11CPD cargo-passenger car-rail ferry “Alexander Deev” in Komsomolsk-on-Amur, the Komandor fish processing plant in Kamchatka and the Zabaikalsk-Manchuria grain railway terminal in the Trans-Baikal Territory.
Today, 2729 investment projects are being implemented in the Far East, 525 of them have already been put into operation. The economy of the macroregion received about 2.7 trillion rubles of investments, created more than 100 thousand jobs, and now more than 290 agreements have been signed at the forum for a total of 3.27 trillion rubles – this is also a record. But it’s not only that. The forum was created as a platform for dialogue with business, receiving feedback from entrepreneurs and society on the most pressing issues of the development of the Far East. This year, more than 100 events took place within the framework of the forum.
The forum brought together more than 7 thousand participants and media representatives from 68 countries and territories, including Russia, including about 1.7 thousand business representatives from 700 companies. The most numerous foreign delegations were representatives of China, Myanmar, Mongolia, India, Armenia, and the Republic of Korea.
The key event of the forum was the plenary session, which was attended by: President of Russia Vladimir Putin; Chairman of the State Administrative Council, Prime Minister of the Interim Government, Commander-in-Chief of the Armed Forces of Myanmar Min Aung Hlein; Armenian Prime Minister Nikol Pashinyan; Prime Minister of Mongolia Luvsannamsrein Oyuun-Erdene; Chairman of the Standing Committee of the National People’s Congress Li Zhanshu. Video greetings were addressed to those present by: Prime Minister of India Narendra Modi, Prime Minister of Malaysia Ismail Sabri Yacob, Prime Minister of Vietnam Pham Minh Tinh.
Despite the political tension in the world due to the armed conflict in Ukraine, the speeches of the guests of the forum – the heads of state and government of Asian countries – confirmed their intention to develop cooperation with Russia in various fields, including on topical issues of improving the business climate in the realities of political and economic challenges of today.
Over 100 events were held as part of the main program, and more than 70 were organized at thematic venues. More than 750 speakers and moderators took part in the events, which were held in the formats of sessions, business dialogues and round tables. The discussions of the business program were held on six tracks, where issues of the economy, banking, the logistics market, international relations, the development of education, healthcare and patriotic education were discussed.

A record number of investment agreements, as well as memorandums and agreements of intent, have been signed. In total, 296 agreements were signed for a total of $54 billion, including agreements on infrastructure and transport projects, the development of large deposits, as well as in the field of construction, industry and agriculture.

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