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RECAP of the 7th Eastern Economic Forum

9 September 2022
Итоги VII Восточного экономического форума

The 7th Eastern Economic Forum has concluded. The Forum aimed to promote the accelerated development of the Far East economy and broaden international cooperation in the Asia-Pacific region. With the major challenges that Russia is facing from sanctions, the macro-region’s importance is growing rapidly. In his welcoming address to the Forum’s guests, Russian President Vladimir Putin noted: “The Forum is making a significant contribution to building business ties between Russia and the countries of the Asia-Pacific region. There is already a trend of the Asia-Pacific region becoming a centre of world economic activity, along with the gradual extinction of industrial centres in Europe and the United States.”

Per tradition, the Forum’s venues are used to come up with new development tools, present breakthrough technologies, sign landmark investment contracts, and adopt key decisions for Russia’s development. This year was no exception. On the sidelines of the EEF, Putin launched three new production facilities in the Far East, including the Alexander Deyev CNF11CPD cargo and passenger car-rail ferry in Komsomolsk-on-Amur, the Komandor fish processing plant in Kamchatka, and the Zabaikalsk-Manchuria grain railway terminal in the Transbaikal Territory.

An interactive presentation was held at the EEF for the Russian president about the results of the development of the Far East via videoconferencing with residents of advanced special economic zones.

Summing up the results of the Forum, Russian Deputy Prime Minister and Plenipotentiary Representative of the Russian President in the Far Eastern Federal District Yury Trutnev said: “Above all else, the 7th Eastern Economic Forum, like the previous one, is a step forward in the development of the Far East. A step not only in terms of the number of guests or the number and scope of agreements, although these figures are impressive. This is the first post-COVID forum that was attended by more than 7,000 guests. Despite the sanctions and external pressure, the Far East continues to develop and it cannot be stopped with sanctions and external restrictions. Today, 2,729 investment projects are being implemented in the Far East, and 525 of them have already been put into operation. The macro-region’s economy has received around RUB 2.7 trillion in investments, more than 100,000 jobs have been created, and now more than 290 agreements have been signed at the Forum for a total of RUB 3.27 trillion, which is also a record. But that’s not the only thing. The Forum was established as a platform for dialogue with business and to obtain feedback from entrepreneurs and society about the most pressing issues in the development of the Far East. This year, more than a hundred events were held as part of the Forum, and their key results were reported to the president. He supported most of the decisions made at the sessions, which means that all the prerequisites are in place for the Far East to develop faster.”



The EEF 2022 confirmed that there are still plenty of countries around the world that continue to expand their business ties with Russia. The Forum was attended by more than 7,000 participants and media representatives from 68 countries and territories, including Russia, with around 1,700 business representatives from 700 companies.

The largest foreign delegations consisted of representatives from China, Myanmar, Mongolia, India, Armenia, and South Korea.

For the first time, representatives of such countries as Algeria, Ghana, the Dominican Republic, the Donetsk People’s Republic, Zambia, Cameroon, Liberia, and Uganda took part in the Forum.

The Forum was attended by 15 high-ranking foreign officials, including: Myanmar Prime Minister Min Aung Hlaing; Chairman of the Standing Committee of the National People’s Congress of China Li Zhanshu; Armenian Prime Minister Nikol Pashinyan; Mongolian Prime Minister Luvsannamsrain Oyun-Erdene, Armenian Deputy Prime Minister Mher Grigoryan, and others.

Eleven heads of diplomatic corps also took part in the Forum.

More than 50 Russian officials attended the Forum: three members of the Russian government, the prosecutor general, the heads of 18 ministries and agencies, and 26 regional leaders, among others.


Plenary session

The key event of the Forum was the plenary session, which was attended by: Russian President Vladimir Putin, Chairman of the State Administrative Council, Prime Minister of the Provisional Government, and Commander-in-Chief of the Armed Forces of Myanmar Min Aung Hlaing, Armenian Prime Minister Nikol Pashinyan, Mongolian Prime Minister Luvsannamsrain Oyun-Erdene, and Chairman of the Standing Committee of the National People’s Congress of China Li Zhanshu.

Indian Prime Minister Narendra Modi, Malaysian Prime Minister Ismail Sabri Yaakob, and Vietnamese Prime Minister Pham Minh Chinh delivered video greetings to the participants.

In his speech, Putin, commenting on the current situation around the world, said: “Irreversible, one might even say, tectonic changes have recently taken place in the entire system of international relations. The role of dynamic, promising states and regions of the world, and above all, of course, the Asia-Pacific region, has grown significantly. Its countries have become new centres of economic and technological growth and points of attraction for human resources, capital, and industries.”

The speeches delivered by the Forum’s guests, including the heads of state and governments of Asian countries, confirmed their intention to develop cooperation with Russia in various sectors, including in such pressing matters as improving the business climate in the realities of today’s political and economic challenges.


Business programme

The Forum’s main theme is also connected with Russia’s foreign policy agenda: ‘The Path to a Multipolar World’. Over the four days of the Forum, experts, politicians, and businessmen discussed the ramifications of the shift in the centre of economic development and forces towards the Asia-Pacific region, as well as Russia’s potential. Most of the guests underscored the importance of this theme.

Over 100 events were held as part of the main programme, including more than 70 at thematic venues. More than 750 speakers and moderators took part in the events, which were held in the format of sessions, business dialogues, and roundtables.

The business programme’s discussions focused on six pillars, including the economy, banking, the logistics market, international relations, and the development of education, healthcare, and patriotic education.

At the sessions of the first pillar ‘Russia’s Place in the World: Diamonds Are Made under Pressure’, the participants shared their views on the current state and future of international relations and the development of the economy, investment, industry, and other spheres of life in Russia. The speakers noted that in the new architecture of international relations, the Far East is the gateway to a new multipolar world in which winning the battle for technological development is crucial. To achieve this, tools need to be created and developed to ensure the global competitiveness of the Far East and economic wars need to be abandoned as a tool for suppressing state sovereignty in favour of economic cooperation in a new era with Asia-Pacific countries (China, India, Vietnam, and Mongolia, among others). Strong business means a strong Russia and a worthy place in international markets.

The second pillar ‘The Global Division of Labour: From Old Connections to New’ featured discussions about the future of individual sectors of the Russian economy and not only emphasized the priorities for the development of the Far East and its current problems, but also the scale of the strategic tasks that the country faces as the new architecture of the world order emerges.

The sessions of the third pillar ‘Financial Markets: What Holds Value When There Is a Loss of Confidence?’ focused on searching for effective solutions in the banking sector, the development of digital finance, the creation of anti-crisis portfolios to ensure the stability of the regional budgets of the Far East, and the balance of world currencies in the new realities. The initial results were summarized and the prospects for the Far Eastern concession were outlined.

One of the key focuses of the Forum’s business programme, which encompassed education, healthcare, sports, and culture, was the discussion of the fourth pillar ‘Creating a New Quality of Life for People’. The speakers stated that human resources are the main capital of the Far East and that their potential must be developed. To achieve this, there needs to be a quantum leap in education, including the training of personnel for all sectors of the economy. A new strategy also needs to be introduced for the development of Far Eastern cities and territories based on the key principle of ensuring a high living standard for the population of the Far East in terms of education, medicine, sports, culture, and the preservation of traditions. As part of this thematic pillar, the Roscongress Foundation’s Healthy Life project organized a series of discussions on key issues in the healthcare industry. Experts discussed such issues as ensuring drug security in the Far East, developing medical science and technology, preventive medicine, anti-age medicine, disease prevention, and the promotion of healthy lifestyle principles as part of the Health and Beauty session.

One of the main themes of the fourth pillar was tourism. “The tourism appeal of the region can already be seen in certain ongoing and planned investment projects. Vladivostok could become Russia’s international tourist gateway to the Asia-Pacific region. Let foreign tourists come and bring their relatives and friends,” Adviser to the Russian President and Executive Secretary of the EEF 2022 Organizing Committee Anton Kobyakov said.

The fifth pillar ‘Everyone Has Their Own Route: The Logistics of a Changed World’ was dedicated to logistics and featured discussions on the development of the Baikal-Amur Mainline and Trans-Siberian Railway, a new supply system to ensure deliveries to northern Russia, the Northern Shipping Route, and the development of airport infrastructure to ensure the air transport accessibility of the Far East and Arctic.

The discussions of the sixth pillar ‘Patriotism over Tolerance’ brought together creative and talented young people. The speakers looked at such issues as educating Russian patriots in new schools of the future, outlined anti-crisis guidelines for training professional staff and mastering new skills for the future economy, as well as effective support for networking, leadership projects, innovations, and teacher initiatives.

Considering that the Asia-Pacific region is one of the strategically important areas where there is potential for growing partnerships in the current situation, bilateral business dialogues with some of Russia’s key partner countries occupied a special place in the EEF 2022 business programme: Russia India, Russia Vietnam, and Russia ASEAN. Discussions about cooperation with China were held as part of a meeting of the Business Council for the Development of the Russian Far East and the Northeastern Provinces of China.

During the Valdai International Club’s session ‘Gateway to a Multipolar World. The Far East in the New Architecture of International Relations’, experts offered an assessment of the changes that are taking place in the global economy and geopolitics and concluded that the Far East should become a universal hub for collaboration with international partners in the Asia-Pacific region in the next decade.

Russian Deputy Prime Minister and Plenipotentiary Representative of the Russian President in the Far Eastern Federal District Yury Trutnev said the Far East’s importance has definitely increased. The export flows that have fully turned towards the east have created both new challenges and new opportunities. New challenges involve the need for the better development of transport routes, the Eastern railway operating domain, and the Northern Sea Route. The new opportunities mean work needs to be intensified with friendly countries, especially in the development of ​​technologies, he said.


Events as part of Russia’s chairmanship of the Arctic Council

The EEF hosted four events as part of Russia’s chairmanship of the Arctic Council in 20212023, including:

• Conference on Investment and Trade in the Arctic

• Meeting of the Arctic Economic Council

• Conference ‘Creating a Healthy Society in the Far East and Arctic’

• Creative Business Forum ‘Sociocultural Development of the Northern Regions’, which included the ‘Soul of Russia. The North’ Festival of Audiovisual Culture and the ‘Soul of Russia. The North’ Youth Multimedia and Discussion Campus.

Another part of the chairmanship was the House of Indigenous Peoples pavilion at the Far East Street exhibition, which became a platform for Arctic-themed business events and agreement signing ceremonies.


On the Forum’s sidelines

The 2nd International Tiger Forum was held on the opening day of the EEF 2022. This landmark event was attended by over 2,000 participants from Russia and 44 foreign states and territories.

At the 11th APEC International Conference on Cooperation in Higher Education on 6 September, experts discussed higher education, science, and collaborative research as the main driving forces for the region’s socioeconomic progress. Russian Deputy Minister of Science and Higher Education Natalya Bocharova spoke about key educational projects that are being implemented in Russia, above all including the ‘Priority 2030’ academic strategic leadership programme and the ‘Startup as a Diploma’ project.

Participants in the Eurasian Women’s Forum session ‘BRICS+ Women Leaders Join Efforts to Promote a Fair World and Sustainable Development’ discussed the work of the BRICS Women’s Business Alliance as well as key items on the agenda of the Eurasian Women’s Forum.

The following partner events were also held as part of the EEF 2022 business programme:

· Infrastructure as a Growth Driver: China’s Experience

· Building a Socially Oriented Economy in a Partnership between Women of the W20, APEC, and BRICS

· Prospects for Russian Information Security Solutions on the International Market

The ‘Teaching History in the East’ International Scientific and Practical Conference was attended by Russian teachers and historians as well as representatives of eight foreign countries. During the plenary session, they held seven country-based subsections (China, Kazakhstan, Vietnam, India, North Korea, South Korea, Mongolia, Pakistan, Thailand, and Japan) and a special section. Per tradition, the historical conference also featured a historical and documentary exhibition.



A record number of investment agreements, as well as memorandums and agreements of intent, were signed at the Forum. In total, 296 agreements were signed for a grand total of RUB 3.272 trillion, including agreements on infrastructure and transport projects, the development of large mineral deposits, as well as construction, industry, and agriculture. The pacts include: agreements on the development of the Kularsky gold-bearing region, the Kyuchus gold deposit, the Ruchey Tirekhtyakh tin deposit, and the Deputatsky tin deposit in the Ust-Yansky and Verkhoyansky Districts of Yakutia; agreements on master plans for the cities of Petropavlovsk-Kamchatsky, Ulan-Ude, and Magadan; agreements on the integrated development of a mining cluster in the Republic of Sakha (Yakutia); and a project to build the city of Sputnik in the Nadezhdinsky District.


Most agreements by industry:

1. Socioeconomic development of regions – 80.

2. Education and science – 35.

3. Transport and logistics – 33.

4. Industry and construction – 29.

5. Investment and banking – 17.

6. High technologies and telecommunications – 16.

7. Environment and nature protection – 15.

8. International cooperation – 15.


Leaders among the Russian regions by the amount of agreements signed:

1. Republic of Sakha (Yakutia) – more than 30 agreements worth RUB 338 billion

2. Transbaikal Territory – 10 agreements worth RUB 148 billion

3. Sakhalin Region – 9 agreements worth RUB 117 billion

4. Primorsky Region – 24 agreements worth RUB 100 billion

5. Kamchatka Territory – 6 agreements worth RUB 58 billion

6. Magadan Region – 5 agreements worth RUB 45 billion

7. Republic of Buryatia – 9 agreements worth RUB 44 billion

8. Republic of Khakassia – 8 agreements worth RUB 30 billion

9. Amur Region – 13 agreements worth RUB 24 billion.



For the second time, the EEF included a special youth section called ‘EEF Junior’, one of the key regular events of the Point Junior project that the Content Foundation is implementing with the support of the Roscongress Foundation and the Innopraktika non-governmental development institute. The section participants, which included 58 high school students from 19 regions of Russia who work on design and inventive activities, took part in 10 events of the business programme in the format of design laboratories, open and panel discussions, head-to-head dialogues, and quizzes. In addition, the Forum’s young experts were actively involved in events of the EEF sports programme, including the Vladivostok Run charity race as well as chess and table tennis tournaments, and visited the Primorsky Aquarium and the ‘Far East Street’ exhibition.


Youth EEF

The Youth EEF was a special event in the Forum’s programme. Young business representatives, scientists, specialists, and students got together to discuss ways to develop tools to support youth entrepreneurship, technological developments, social media, the future of the financial market, business education, and careers. Graduates of the ‘Startup as a Diploma’ programme in 2022 held a presentation of start-up projects in the format of a pitch session. A presentation was also held for ‘Opportunity Navigator’ (an analogue to Russia’s State Services service, but only for young people). The Forum included 25 events in various formats.



Per tradition, the Forum kicked off with the opening of the ‘Far East Street’ exhibition on the embankment of Ajax Bay on Russky Island. Exhibitors included 11 regions of the Far Eastern Federal District, which presented their achievements, ongoing investment projects, the diversity of lifestyles of the peoples of the Far East, and special regional features. Visitors viewed interactive layouts, modern touch screens with content management, and virtual reality equipment. The exhibition particularly emphasized opportunities for import substitution, the technological independence of the Far East regions, and their self-sufficiency in food products.

This year marked the first time that the exhibition featured special zones, where the following business programme events were held: the Youth Multimedia Creative Campus, which hosted discussions on creative industries; the Russian Ministry of Sports pavilion, where the development of elite and mass sports was discussed; the House of Indigenous Peoples, which hosted numerous events, including the Creative Industries Forum, as well as various workshops, roundtables, and exhibitions.

The campus of Far East Federal University, which served as the central venue of the Forum, hosted several exhibition areas for the Forum’s participants and guests. The multimedia exposition of the Far East and Arctic Development Corporation and the Ministry for the Development of the Russian Far East and the Arctic became one of the largest at the EEF both in terms of its area and the number of services and events presented.

Key departments of the Ministry of Natural Resources and Environment, the Ministry of Industry and Trade, the Ministry of Transport, the Ministry of Education and Science, the Federal Service for Surveillance on Consumer Rights Protection and Human Wellbeing, the Federal Agency for Tourism, the Prosecutor General’s Office, the Federal Medical-Biological Agency, the Federal Service for State Registration, Cadastre, and Cartography, and Roscartography presented their expositions at the exhibition ‘Welcome to the Far East!’ to introduce the Forum’s guests and participants to the most important areas of their work as well as their ongoing and future projects. The Federal Agency for Fisheries organized the Russian Fish House chalet, where the Forum’s guests and participants not only learned about the largest investment projects of fishing and fish processing companies in the Far East region, but also tasted gourmet seafood and fish dishes prepared by chefs from top restaurants in Moscow and Vladivostok. The Ministry of Sports had two pavilions: ‘Sport – a Vital Norm’ and ‘GTO Arena’, which hosted the ‘GTO Games 2022’ Open International Cup of the Far East for the first time.

A number of pavilions on the Far East Street made their debut this year, including: the Tiger House interactive pavilion timed to coincide with the 2nd International Tiger Forum; the ‘Developing the Far East!’ pavilion (Far East and Arctic Development Corporation and the Ministry for the Development of the Russian Far East and the Arctic) with a large multimedia exposition and modules on the themes Subsoil Resources, Land, Forest, and Water; the House of Indigenous Peoples; and a three-star hotel from the corporation Tourism.RF.


Thematic sites

Governors’ Club

More than 30 meetings were held at the Governors’ Club at the EEF 2022, which were attended by the leaders of Russia’s regions, members of the government, and official representatives of foreign states. On 6 September, the Governors’ Club hosted the meeting ‘Discovering the Far East 2.0: Rethinking the Spatial Development Strategy’, while a meeting of young foreign entrepreneurs was held as part of the Roscongress Foundation’s Friends for Leadership project.


International Centre for Joint Initiatives and the Roscongress Club

The International Centre for Joint Initiatives (ICJI), a new project of the Roscongress Foundation that focuses on the development of global business relations, debuted at the Roscongress Club during the EEF 2022. Over three days, 14 agreements were signed at the ICJI with the Russian-Chinese Business Council, the China Council for the Promotion of International Trade of Beijing, the China Council for the Promotion of International Trade of Henan Province, ChinaStroy, Sany, SNFS, and other companies from Russia and China.

The Roscongress Club hosted over 50 guests at the session ‘RussiaChina: Trade Cannot be Stopped, Where Shall We Put the Comma?’ Speakers included the heads of major Chinese technology companies and representatives of Russian business who are interested in import substitution issues.

The ICJI also co-organized a Valdai Club event at the Roscongress Club, at which the report ‘RussiaChina Strategic Partnership in the Context of the Crisis in Europe’ was presented.


Innovation Space

Seven events took place at the Roscongress Foundation’s Innovation Space, which focuses on the development of technological entrepreneurship in Russia. The events included: scientific battles among residents of the Skolkovo Foundation as well as the Russky and Yakutia technoparks, and a pitch session of projects by participants in the Innovation Space. The investment community heard presentations from more than 20 different startups that are already actively developing or have good prospects to be established in the Far East. More details about many of them were presented at a special exhibition in the Innovation Space.

The session ‘Top Investment Projects of the Portal’ also took place (the portal is a joint project of the Roscongress Foundation and the Fund RC-Investments and is supported by the Ministry of Economic Development). The Forum participants learned about seven important and well-developed investment projects in tourism, car leasing, construction, winemaking, and fuel card processing.


Friends for Leadership

Representatives of the Friends for Leadership international community of leaders and entrepreneurs from more than 20 countries in Asia, Africa, Latin America, and Europe also attended the EEF 2022. The participants held their own project sessions and high-level meetings, including among leaders from several regions of Russia. On 8 September, the Friends for Leadership community organized the eco-volunteer ‘Clean Games’ in Truda Bay on Russky Island, where teams of foreign and Russian participants competed to see who could collect garbage in the bay the fastest.


The EEF 2022 also featured the VinoGrad thematic platform dedicated to viticulture and winemaking. Events were held in the format of master classes as well as open tastings by the platform’s partners. Visitors were able to learn about the history and products of leading Russian wineries. The venue was co-organized by the Roscongress Foundation and Rosselkhozbank.


Creative Business Forum

The Creative Business Forum held 15 events at the House of Indigenous Peoples and the ‘Soul of Russia. The North’ Youth Multimedia Discussion Creative Campus. Participants in the events, including representatives of the Russian Association of Indigenous Peoples of the North, discussed specific ways to develop northern cities, industrial Arctic design, traditions of Indigenous peoples, tourism, as well as the impact of technology on life in the North. A public talk was held by Bogdan Bulychev, a well-known traveller, video blogger, and member of the Russian Geographical Society and the Association of Polar Explorers, who set more than ten world records. Another event was the ‘Shoot a Movie’ project, which involved movies being shot based on the famous film Love and Doves with the participation of young people from the FEFU campus. The Forum hosted workshops on making designer items and handicrafts.


Innovations at the Forum

On the last day of the Forum, Russian Deputy Prime Minister and Plenipotentiary Representative of the Russian President in the Far Eastern Federal District Yury Trutnev launched the ‘Far East – Land of Adventure’ tourism promotion competition, which will be held throughout the year to encompass all four seasons. “Everyone who applied on the website can travel, just be careful and attentive,” Trutnev said, noting that special attention will be paid to routes that recreate the journeys of the pioneers and discoverers of the Far Eastern territories.


Sports programme

The sports and entertainment programme of the 7th Eastern Economic Forum was held under the Vladivostok Open brand and featured events in 12 sports: boxing, rowing, chess, sailing, table tennis, mas-wrestling, stand-up paddleboarding, equestrian sports, e-sports, and skateboarding, among others. Olympic champion Liliya Akhaimova, prize-winners at the Tokyo 2020 Games Zhang Liang (China), Anna Prakaten, and Muslim Gadzhimagomedov, world chess champion Sergey Karjakin, and other famous athletes took part in the events of the EEF 2022.

Athletes travelled to Vladivostok from 23 countries: China, Mongolia, India, Thailand, Slovakia, and Hungary, among others. For the Russian national boxing and rowing teams, the tournaments held at the EEF 2022 marked their first battles with prominent foreign rivals since sanctions were imposed on Russian sports. “There are plans to build four federal training centres for Russian national teams on the territory of the Far Eastern Federal District,” Deputy Prime Minister Dmitry Chernyshenko said at the session ‘Sport in the Far East: Creating New Opportunities’.

Seven winners of the 2022 World Championship from five countries took part in the international mas-wrestling tournament. The Vladivostok Open also featured the debut tournament of the international SUP Surf League.

A world record was set at the GTO Arena pavilion, when Viktor Filipov did 78 pull-ups in one minute. The national team of the Sakhalin Region won the debut ‘GTO Games. Far East Cup’. The first street skateboarding championship of the Far Eastern Federal District was held at a new skate park that opened as part of the Forum.

EEF 2022 participants ran a 5 km race in support of the Amur tiger and took part in table tennis and chess tournaments. Partners of the sports programme events included Norilsk Nickel, Russian Railways, and the Russian Boxing Federation. The Vladivostok Open was organized by RC-Sport, the sports platform of the Roscongress Foundation.



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