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Far East Development Takes Center Stage at EEF-2024

Far East Development Takes Center Stage at EEF-2024 Shaping International Cooperation in Asia-Pacific

Far East Development Takes Center Stage at EEF-2024: Shaping International Cooperation in Asia-Pacific

As the global economy continues to shift, the Eastern Economic Forum (EEF-2024) is poised to bring together prominent guests and participants to discuss the development of the Russian Far East and its integration into the economic space of the Asia-Pacific region. The main theme of the forum, “Far East 2030”, will focus on outlining new directions for the region’s development.

EEF-2024: A Platform for International Cooperation

Moreover, the EEF-2024 programme includes around 100 business events that will touch on various topics, taking into account technological advancements and the shifting structure of the global economy. Anton Kobyakov, Adviser to the President of the Russian Federation, notes that “Forum guests will discuss the image of the Far East’s future and outline new directions for its development.” Additionally, the event will provide a platform for strengthening international ties through cooperation, particularly among BRICS nations.

Strengthening Ties through Regional Development

Yury Trutnev, Russian Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District, emphasizes the role of the EEF as a platform for developing support measures for the Far East, such as advanced development territories, the Free Port of Vladivostok, and the Far Eastern Hectare programme. Furthermore, the growing importance of the EEF also corresponds to the priorities of Russia’s foreign policy, with the Asia-Pacific region being a key area of focus.

Thematic Blocks: Multilateral Partnerships and Innovations

The EEF-2024 organizers have structured the business programme into distinct thematic blocks. One block, “New Contours of International Cooperation,” will explore multilateral partnerships within BRICS, SCO, and EAEU. In addition, separate sections will delve into cutting-edge technologies and industries. These encompass innovations, cyber defense strategies, robotic advancements, and novel materials. The Far East Development agenda will be a central focus, highlighting the region’s potential. Moreover, discussions will address emerging trends in various sectors crucial for economic growth. Consequently, attendees can expect a comprehensive overview of future-oriented topics shaping global cooperation and technological progress.

Regional Development and International Cooperation

In addition, other parts of the forum will focus on domestic Russian topics, such as the development of the Far Eastern Federal District, agriculture, tourism, and small business. Meanwhile, the event will also feature business meetings between Russian entrepreneurs and their counterparts from China, India, and ASEAN countries, as well as events dedicated to cooperation through international organisations and associations such as the BRICS Creative Business Forum.

Cultural and Sports Programme

Concurrently, EEF-2024 participants and guests will also enjoy a cultural and sports programme presented by the Falcon Day International Forum, the Far East Street Exhibition, and the EEF Sport Games.

Since its inception in 2015, the Eastern Economic Forum has consistently drawn international attention. In 2023, it attracted 2,400 business delegates from 62 countries. Furthermore, EEF-2024 is set to be a pivotal platform for molding Asia-Pacific collaboration. The event will spotlight Far East Development and regional expansion strategies. As global economic landscapes shift, this forum will undoubtedly catalyze cross-border partnerships. In particular, it will nurture ties among BRICS nations and beyond. Notwithstanding previous successes, this year’s gathering promises to surpass expectations. It will address pressing issues and explore innovative solutions for the region’s advancement. Consequently, EEF-2024 will likely shape the trajectory of international economic relations in the coming years.

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