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Russia: Putin, Abe, and Park hail Far East's economic prospects at EEF02:15

Russia: Putin, Abe, and Park hail Far East's economic prospects at EEF

Russian Federation, Ruski Island
September 3, 2016 at 05:28 GMT +00:00 · Published

Russian President Vladimir Putin, alongside Japanese Prime Minister Shinzo Abe and South Korean President Park Geun-hye, participated in a plenary session titled 'Opening up the Russian Far East,' on Ruski Island, Saturday, on the side-lines of the Eastern Economic Forum (EEF).

Putin touted the five percent industrial-production growth of the Far East region, lauding the amount of money invested in the area. In her speech, Park Geun-hye hailed Vladivostok as the centre of Russia’s Far East, calling the region “a treasure trove of energy resources.” Abe went on to thank the Russian leader for hosting the event, the first time the Japanese prime minister has joined the Forum.

The EEF is aimed at providing a forum for business and politics to meet so as to develop international investment in Russia’s Far East. Around 2,400 participants from China, Japan, South Korea, India, Vietnam, Australia, the USA, Singapore and other countries are expected to take part in the two day Forum.

Russia: Putin, Abe, and Park hail Far East's economic prospects at EEF02:15
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Description

Russian President Vladimir Putin, alongside Japanese Prime Minister Shinzo Abe and South Korean President Park Geun-hye, participated in a plenary session titled 'Opening up the Russian Far East,' on Ruski Island, Saturday, on the side-lines of the Eastern Economic Forum (EEF).

Putin touted the five percent industrial-production growth of the Far East region, lauding the amount of money invested in the area. In her speech, Park Geun-hye hailed Vladivostok as the centre of Russia’s Far East, calling the region “a treasure trove of energy resources.” Abe went on to thank the Russian leader for hosting the event, the first time the Japanese prime minister has joined the Forum.

The EEF is aimed at providing a forum for business and politics to meet so as to develop international investment in Russia’s Far East. Around 2,400 participants from China, Japan, South Korea, India, Vietnam, Australia, the USA, Singapore and other countries are expected to take part in the two day Forum.