5 September 2016

RESULTS OF THE SECOND EASTERN ECONOMIC FORUM 2016

The Eastern Economic Forum was held on September 2–3, 2016 with some 3,500 participants and 1,100 media representatives. Foreign participants represented 56 countries. The largest delegations came from: Japan (246 people), China (227 people) and the Republic of Korea (128 people). The Forum’s motto was “Opening up the Far East”.

As part of the official opening of the EEF on September 2, an opening address was given to the Forum participants by Yury Trutnev, Deputy Prime Minister of the Russian Federation, Presidential Plenipotentiary Envoy to the Far Eastern Federal District, and Chairman of the Eastern Economic Forum Organizing Committee.

“The Eastern Economic Forum is being held in order for the Far East to develop more rapidly. If you look at the growth rates, the number of new investment projects and the inflow of investment to the region, you could say that this process has begun. But there is an understanding that this is only the start of the journey. We hope that in two to three years the system will get going and became comprehensive and competitive. We understand that the region is above all being developed by people who are establishing new enterprises here. For them to keep doing this, they need to know that the Far East is developing and that it is truly better to work here”, Trutnev concluded.

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