Eastern Economic Forum:
The Union Minister of Ports, Shipping & Waterways will attend the Eastern Economic Forum, which is being held at the Russian port city of Vladivostok.
- Eastern Economic Forum was established in 2015 to support the economic development of Russia’s Far East and to expand international cooperation in the Asia-Pacific region.
- It is a key international platform for establishing and strengthening ties within the Russian and global investment communities.
- For a comprehensive expert evaluation of the economic potential of the Russian Far East, the investment opportunities it offers, and business conditions within advanced special economic zones.
- Russia Far East is the easternmost part of Russia.
- The macro-region borders two oceans, the Pacific and the Arctic, and five countries (China, Japan, Mongolia, the United States and the DPRK).
- The Far Eastern region spreads over four time zones and various climate zones, from northern deserts to subtropics.
- It is rich in natural resources like diamonds, borax, etc.