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The Far East could become a platform for St. Petersburg enterprises to enter the Chinese market

At the St. Petersburg International Economic Forum, Governor Georgy Poltavchenko and Minister for the Development of the Far East Alexander Galushka signed a Memorandum of Cooperation between the Government of St. Petersburg and the Ministry of the Russian Federation for the Development of the Far East, the city administration press service reported.

“The regions of the Far East occupy an important geopolitical position and have significant industrial potential. But today there are a number of issues that require special attention and modernization - energy, the introduction of innovative and energy-saving technologies, such socially significant areas as health care, education, culture. In all these areas, St. Petersburg has colossal experience that we are ready to share, ”said Poltavchenko. He stressed that many St. Petersburg enterprises are already showing interest in cooperation with the Far East. At the same time, the Governor noted the need to more actively involve representatives of the business community of St. Petersburg in the implementation of priority investment projects and the state program "Social and Economic Development of the Far East and the Baikal Region."

Poltavchenko invited representatives of the Far Eastern District to take part in the St. Petersburg International Cultural Forum in December 2014. He noted that St. Petersburg is already actively developing relations with the Republic of Sakha (Yakutia) and the Khabarovsk Territory.

In turn, Alexander Galushka said that the signed memorandum is the first agreement with the region of Russia. The Minister noted that the Far East could become a platform for St. Petersburg enterprises to enter the Chinese market. In turn, St. Petersburg can assist in the arrival of Western investors in the Far East.

Following the signing of the memorandum, a working group will be created, which will develop a plan of concrete actions.

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