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Eastern Economic Forum 2018 to focus on development of Russian Far East

The forum will be held in Russia’s Vladivostok on September 11-13

MOSCOW, June 27. /TASS/. The major theme of the fourth Eastern Economic Forum (EEF) that will be held in Russia’s Vladivostok on September 11-13, 2018, will be ‘The Russian Far East: Expanding the Range of Possibilities’, press service of Russia's Roscongress Foundation, the organizer of the forum, said in a statement on Wednesday.

"The Eastern Economic Forum is a platform for discussing key issues concerning the global economy, regional integration, the development of new industries and technologies, as well as global challenges facing Russia and the rest of the world. The Forum program is concerned with pressing issues. A considerable number of sessions are focused on developing technological potential, which will allow us to modernize the economy and infrastructure, which will, as a result, enable us to improve the standards of living in the Russian Far East," Adviser to Russian President Anton Kobyakov was quoted as saying.

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The discussions of the business program will focus on four key areas, Roscongress said.

The section ‘Tools to Support Investors: Next Steps’ will focus on the results and potential of such mechanisms for developing areas such as advanced special economic zones and the Free Port of Vladivostok. The discussion is expected to focus on the issues of protecting investors’ rights, supporting small and medium-sized enterprises and high-tech projects, opportunities for creating the first Russian offshore zone in the Far East and the breakthrough of the Far Eastern Federal District in the national ranking of investment attractiveness.

The section ‘Industry Priorities in the Far East’ will touch upon the topics of supporting industries that are expected to drive the region’s economic growth in the near future. Particularly, individual sessions will cover the timber industry, agriculture, fishing industry, oil and gas industry, tourism and port infrastructure, mining and refining of solid minerals, and efforts to improve legislation related to mineral exploration.

The section ‘The Global Far East: International Cooperation Projects’ will focus on prospects for economic cooperation between Russia’s Far East and neighboring countries, the importance of developing transport corridors in Russia’s Far East for the Asian Pacific region, and the creation of an International Medical Cluster in Vladivostok.

The section ‘Improving Living Conditions’ will highlight the issues of demography, healthcare, education and science, housing, culture, and urban development in the Russian Far East. Participants will also discuss opportunities for improving the region’s labor market and new measures for land development through the ‘Far Eastern Hectare’ program.

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