16 December 2024
In accordance with the
instructions issued by the President of the Russian Federation following the 2024
Eastern Economic Forum on 9 November 2024, the Roscongress Foundation has
prepared an analytical report* on the results of
the event, held in Vladivostok on 3–6 September.
“The Eastern
Economic Forum is one of the best tools we have to develop the Far East. It
hosts discussions on the most pressing social and economic issues and how to
attract investment – everything needed to develop the Far East and the country as
a whole and improve quality of life. The long-term implementation of the State
Programme for the Socio-economic Development of the Far Eastern Federal
District and decisions taken by the Russian President on the sidelines of the EEF
have changed the region and its impact on the economy of the broader
Asia-Pacific. Discussions at the Forum foster a greater understanding of how
things are changing and equip us to respond more effectively to modern
challenges while strengthening cooperation with international partners. The
Forum has given new impetus to Russia and is making it stronger,” Deputy Prime Minister and Presidential
Plenipotentiary Envoy to the Far Eastern Federal District Yury Trutnev said.
The report is an exhaustive
study of the most important topics and trends discussed at the Forum and the
result of extensive analytical work carried out by Foundation experts.
“The development
of the Far East is a strategic priority for Russia, and it will ensure economic
growth and strengthen our position in the global market at a time when things
are changing everywhere. The region is the standard-bearer for Russia’s
economic development, and the Eastern Economic Forum is an essential tool that
ensures strategic Far Eastern development goals are met to strengthen the
country’s position in the Asia-Pacific region and globally. The sheer scale of the agreements concluded at
EEF 2024 – over RUB 5.5 trillion and 27 contracts with foreign organizations –
clearly demonstrates how interested others are in investing in the Far East and
the faith they have in Russia as a strategic partner. These investments help us
integrate into global economic processes and are proof of the importance of the
Far East to the Russian economy as a whole,” Adviser to the Russian President and Executive Secretary of the EEF
Organizing Committee Anton Kobyakov said.
The Report on the Results of
the Eastern Economic Forum 2024 draws on a wealth of opinions from leading
experts, Forum participants, and business representatives to clearly establish
the strategic importance of the Far East in the new global economic reality,
contains in depth analysis of the important issues facing the region and the
country, and proposes concrete ways to continue developing sustainably and integrating
into the international economy.
The important findings
presented in the report focus in particular on:
●
The need to
strengthen international cooperation in the Asia-Pacific in the interests of
greater economic stability and developing new markets.
●
The importance of creating
for all interested parties a fair and democratic system of international
relations, free from pressure and terms dictated from without.
●
The strategic role
of the Far East as the standard-bearer of Russian development, overcoming the barriers
created by sanctions and opening doors to growing markets.
●
The importance of
sustainable regional development to strengthening Russia’s position in the
global market and integrating into the fast-moving markets of the Asia-Pacific.
●
The vital
importance of developing transport infrastructure and creating new
international transport corridors to integrate Russia into the global economy.
●
Technological
sovereignty and the development of independent production capacities as a
necessary condition of Russia’s economic security.
●
The development of
social and industrial infrastructure in the Far East to improve quality of life
and create new opportunities.
The report also deals with technological
development and cooperation within the Eurasian Economic Union (EAEU), SCO, and
BRICS. The achievements of the Forum are covered in detail and include 313
agreements signed worth a total of RUB 5.57 trillion.
The EEF 2024 Summary
Analytical Report is for anyone seeking to better understand the important
trends underlying the development of international cooperation, technological
independence, transport infrastructure, and Russia’s economic integration into
the global economy.
For more information, check
out the Information and Analytical System of the Roscongress Foundation at roscongress.org.
* This is a translation of
material that was originally generated in Russian using artificial intelligence.