Representatives from more than 70 countries and regions gathered in Vladivostok, Russia on Wednesday at a forum to discuss opportunities for cooperation and sustainable development in the Far East.
The 10th Eastern Economic Forum (EEF), which ends on Saturday, is titled "The Far East: Cooperation for Peace and Prosperity."
Russian President Vladimir Putin's speech at the plenary session of the forum was devoted to the current state of this key region in the east of the country.
The plenary session was attended by the entire Russian cabinet, deputies, public figures, and foreign delegates.
The key theme of Vladimir Putin's speech was the development of Russia's Far East.
The pace of development is already outstripping the national average. This is being facilitated by government programs aimed at improving housing conditions, developing social infrastructure, launching new enterprises, and attracting investment.
Putin focused separately on the mechanism of Territories of Advanced Development (TORs), which provides a number of preferences for businesses.
In an interview with China Global Television Network (CGTN), Pavel Simigin, deputy of the State Duma of the Russian Federation, said the country is speeding up enacting laws on this mechanism to strengthen cooperation with its partners.
"Today, the State Duma is passing many laws aimed at making these relationships more civilized and more active. One example is a law we passed quite recently on international TORs. It is specifically aimed at direct interaction with our foreign strategic partners, such as China, on the development of sites and entire agglomerations in the territories of the Russian Federation," he said.
Although the traditional international agenda was not supposed to be the main focus of Putin's speech, it was nevertheless touched upon throughout.
Russia sees the Far East as its gateway to Asia, which means that its development is key to successful cooperation in this direction.
Minister for the Development of the Russian Far East and Arctic Alexey Chekunkov said the recent Shanghai Cooperation Organization (SCO) summit held in north China's Tianjin gave new impetus to the establishment of comprehensive cooperation.
"This cooperation is the backbone for the formation of a new system of cooperation between all countries of the world. And this proposal, made by Chinese President Xi Jinping on approaches to interaction between states, was supported by Vladimir Vladimirovich [Putin]. It is interaction based on unconditional sovereignty, a multipolar world, multilateral cooperation, and the interests of the people. This is all in line with how we have been working on the development of the Far East and the Arctic throughout this decade," he said.
Russia's economic forum focuses on Far East development
