7 July 2016
According to Primorskaya Gazeta, work could begin this year.
The first intergovernmental agreements to kick start the creation of an Asian Super Ring energy system may be signed at the Eastern Economic Forum (EEF). There are currently four countries interested in the project: Russia, Japan, North Korea and South Korea.
The St. Petersburg International Economic Forum hosted a working meeting between the Minister for the Development of the Russian Far East Alexander Galushka, SoftBank Group Chairman of the Board of Directors and CEO Masayoshi Son, and Japan Bank for International Cooperation (JBIC) CEO and Executive Managing Director Tadashi Maeda. The discussion focused on the first practical steps towards creating an Asian Super Ring. The parties agreed to work hard on the planning stages in order to ensure a valuable discussion at EEF. It is expected that the project may reach the implementation stages this year. At this point, discussions will only cover technology, design and finance issues.
“From the Russian side, Khabarovsk and Primorsky Territories, Irkutsk and Amur Regions, Sakhalin and the Jewish Autonomous Region may be involved. It is impossible to say for sure which Russian regions will be included in the project until the technological plans for generating and transmitting electricity have been determined”, said the Ministry for the Development of the Russian Far East’s press service.
This project is an attractive prospect for Russia in that it will give the country the opportunity to benefit from sharing its renewable energy resources with other countries. Russia will also get the chance to exploit the excess capacity of its Siberian hydroelectric power stations.
The creation of an Asian Super Ring in the Russian Far East will see the emergence of several new energy companies offering their services. The competition could push electricity prices down, bringing benefits for the consumer.
18 January 2024
Bahrain Joins Framework Declaration on Conservation of Gyrfalcons
The Kingdom of Bahrain has become the seventh country to join the Declaration of Intent for the Conservation of the Gyrfalcon Population. The document was adopted by Russia, China, Kyrgyzstan, Kazakhstan, Mongolia, and the UAE as part the Falcon Day International Forum, which was first held in Vladivostok during the 8th Eastern Economic Forum. The event was managed by the Roscongress Foundation.
05 March 2024
Mutual integration: Chinese entrepreneurs want to develop business in Russia
Anton Kobyakov, Adviser to the President of the Russian Federation, and Zhou Liqun, Chairman of the Chinese Entrepreneurs Union in Russia, met in Moscow.
17 April 2024
Amur Region Government Discusses Preparations for AmurExpo 2024
Members of the Amur Region government discussed preparations for the Russian-Chinese AmurExpoForum 2024, which will take place on 24–26 May on both banks of the Amur River. For the second year in a row, based on instructions from Russian President Vladimir Putin, the Forum will serve as an offsite platform of the Eastern Economic Forum. The Forum will be organized with the support of the Roscongress Foundation.
