Highlights from the 8th Eastern Economic Forum (EEF), held on 1013 Sept. 2023 in Vladivostok, Russia . Delegations from 53 of

Highlights from the 8th Eastern Economic Forum (EEF), held on 10–13 Sept. 2023 in Vladivostok, Russia 🇷🇺. Delegations from 53 of countries along with 300 companies from China attended to strengthen ties and investment opportunities, with a main focus on Russia’s Far East. Foreign Affairs: Russia pushes for Mongolia 🇲🇳 becoming a full-fledged member of the SCO. Laos 🇱🇦 Vice President Pany Yathotou expresses gratitude to Russia for its assistance since 2018 in locating and eliminating unexploded mines left over from the Vietnam War. Russia is working towards abolishing visa requirements for a number of Asian countries. Russia issued more than 600,000 entry visas in the first eight months of 2023, which is twice as many as in the same period of 2022. Finance/ Economy: Russia is working on launching MIR payment cards in Thailand 🇹🇭. Projects with investments of more than $ billion USD are planned on Russky Island in Russia’s Primorsky Territory. Payments by small and mid-sized businesses in yuan soared six-fold in the first 7 months of 2023. Infrastructure/Development: Russian nuclear Rosatom and China’s 🇨🇳 LS Group, will cooperate on a hydrogen plant project in Sakhalin. High-speed motorways will be built via Siberia and the Far East to the Pacific in an integrated ’Russia’ transport corridor. Copper concentrate production started at Udokan, Russia’s largest undeveloped copper deposit as an EEF milestone. Trade: X5 Group to launch a multi-temperature wholesale and distribution logistics hub in Khabarovsk, 30 km from the China–Russia border. Russia Post plans to open a logistics co. in the UAE 🇦🇪. Trade turnover between Russia and the Asia-Pacific region surged 13.7% in 2022 and has jumped another 18.3% to date in 2023. Источник: The Paradigm Shift Channel ⏳