Putin: Developing the Far East is a national priority of the 21st century for Russia

14 November 2017

The kremlin.ru website published an article by the Russian President titled “25th APEC Summit in Da Nang: Together for Prosperity and Harmonious Development”.

Vladimir Putin has written an article in the run-up to the 25th Asia-Pacific Economic Cooperation summit to be held in Da Nang, Vietnam on 10–11 November.

“As a major Eurasian power with vast Far Eastern territories that boast significant potential, Russia has a stake in the successful future of the Asia-Pacific region, and in promoting sustainable and comprehensive growth throughout its entire territory. We believe that effective economic integration based on the principles of openness, mutual benefit, and the universal rules of the World Trade Organization are the primary means for achieving this goal”, Putin wrote.

The President noted that “over the past five years, the share of APEC economies in Russia's foreign trade has increased from 23% to 31%, and from 17% to 24% percent in exports”.

“Comprehensive development of infrastructure, including transport, telecommunications, and energy, will serve as the basis for effective integration. Today, Russia is actively modernizing its sea and air ports in the Russian Far East, developing transcontinental rail routes, and building new gas and oil pipelines. We are committed to implementing bilateral and multilateral infrastructure projects which will link our economies and markets. Among other projects, I am referring to the Energy Super Ring that unites Russia, China, Japan, and the Republic of Korea, and the Sakhalin–Hokkaido transport link” Putin wrote.

Putin noted: “We pay special attention to integrating Russia’s Siberian and Far Eastern territories into the network of APR economic ties. These efforts include a whole range of measures to enhance the investment appeal of our regions, and to integrate Russian enterprises into international production chains. For Russia, the development of our Far East is a national priority for the 21st century. We are talking about creating territories of advanced economic growth in that region, pursuing large-scale development of natural resources, and supporting advanced high-tech industries as well as investing in human capital, education, and healthcare, and forming competitive research centres”.

The President expressed hope that “our foreign partners, primarily from APEC economies, will play an active role in implementing these programmes and projects. All the more so, as foreign participants in the annual Eastern Economic Forum held in Vladivostok already had a chance to gain confidence in the prospects and feasibility of our plans”.

“We attach special importance to strengthening our cultural ties and expanding our contacts in the sphere of science and education. Looking ahead, we will focus on forming a common APR education space, one of the centres of which could be the Far Eastern Federal University”, the Russian president wrote.

“We intend to engage in substantive discussions of all these topics during the upcoming summit in Da Nang. I am confident that, acting together, we will find acceptable solutions to the challenge of supporting the steady, balanced, and harmonious growth of our shared region, and securing its prosperity. Russia is ready for such a collaborative effort”, Putin concluded.

Full version of the article: http://kremlin.ru/events/president/news/56023