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Expansion of ties with the states of the Asia-Pacific region becomes strategic - the head of the Magadan region

The expansion of ties with the states of the Asia-Pacific region acquires a strategic character. This was stated by the Governor of the Magadan Region Vladimir Pecheny at the meeting of the sub-commission of the Association of Regional Administrations of the countries of North-East Asia (ARASSOWA), which was held in Magadan. According to the press service of the head of the region, Magadan region is the coordinator of the sub-commission of ARASSSA on development and regulation in the field of mining.

“We believe that the activities of the subcommittee will be useful for the development of our regions. We will be able to exchange information on natural resources, involve the heads of mining companies in our countries, and consider the issues of joint development of the natural resources of our regions. At present, a number of Chinese companies hold licenses for the right to use subsoil in the Magadan Region for the purpose of prospecting, exploration and production of various types of minerals: gold, silver, antimony, zinc, lead and others, ”the governor said. “We hope that the meeting in Magadan will help us maintain contacts with our partners not only in the development of natural resources, but also in other areas,” he added.

As Vladimir Pechenyi noted, the Magadan region is located in special geographic and climatic conditions and is distinguished by a variety of mineral resources and natural resources, the development of which serves as the basis for the development of the region. “The Magadan Region is one of the world's centers of the mining industry. Our region has significant opportunities that can attract large Russian and foreign capital. Therefore, improving the investment climate by creating comfortable conditions for investors, new highly productive jobs based on the so-called best regional practices is one of the priorities of the state policy of the Magadan Region, ”said the head of the region.

Deputy Secretary General of the Association of Regional Administrations of Northeast Asia Lee Jong Hwa, Head of the Planning and General Affairs Department of the Association of People in the Republic of Asia Pak Chung XO, representatives of commercial companies of the People’s Republic of China, the Russian Federation took part in the meeting of the subcommittee. Agency strategic initiatives to promote new projects.

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