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Russia should take a worthy place in the market of the Asia-Pacific region - Trutnev

At the 361st meeting of the Federation Council, within the framework of the "government hour", the senators considered the issue of long-term socio-economic development of the Far East and the Baikal region, the press service of the Federation Council reported.

Deputy Prime Minister of the Russian Federation - Plenipotentiary of the President of the Russian Federation in the Far Eastern Federal District Yuri Trutnev noted that the macroregion is of great geostrategic importance for the Russian Federation due to its economic and geographical location. "The Far East occupies 36% of the country's territory, but it accounts for only 5,6% of GDP, here the population density is lowest, and the provision of transport infrastructure is 5-10 times worse than the average for Russia, the outflow of population continues from the region" , - stated Yuri Trutnev.

The Vice Premier pointed out negative factors related to the natural, economic, demographic and other conditions in the macro-region that restrain the realization of its economic potential. The most serious problems include: migration outflow of population, low level and quality of life of the population, underdeveloped economic infrastructure due to lack of investment resources.

At the same time, the neighboring countries of the Asia-Pacific region are showing steady economic growth. Russia should take a worthy place in this market, the Deputy Prime Minister stressed.

He said that in order to improve the competitive environment, a new federal law on advanced development territories was developed. The document provides for the reduction of administrative barriers for investors, tax breaks and the creation of infrastructure for business at the expense of the budget. Yuri Trutnev suggested that the law will be adopted and will take effect from the year 2015.

As part of the discussion, Federation Council Chairman Valentina Matviyenko stressed the importance of attracting domestic and foreign investments to the implementation of macro-regional development projects.

To do this, it is necessary to form an effective legal framework providing clear working conditions and guarantees for businesses, the speaker of the Federation Council believes. "It is necessary to use all modern financial instruments and institutions, the possibilities of public-private partnership."

Valentina Matvienko suggested to think about the organization of a single Far Eastern economic forum.

Chairman of the Federation Council Committee on Regulations and Organization of Parliamentary Activity Vadim Tyulpanov, Chairman of the Federation Council Committee on Defense and Security Viktor Ozerov, First Deputy Chairman of the Federation Council Committee on Federal Structure, Regional Policy, Local Government and Northern Affairs Arkady Chernetsky, members of the same Committee SF Vyacheslav Shtyrov and Igor Zuga, members of the Federation Council Committee on Constitutional Legislation and State Building Alexander Varfolo Yevgeny Ivanov, Maxim Kavjaradze, Deputy Chairman of the Federation Council Committee on Agrarian and Food Policy and Nature Management Boris Nevzorov, member of the Federation Council Committee on International Affairs Valery Ponomarev, Deputy Chairman of the Federation Council Committee on Defense and Security Bair Zhamsuev, member of the Federation Council Committee on Science, Education and Culture Arnold Tulokhonov, First Deputy Chairman of the Federation Council Committee on Regulations and Organization of Parliamentary Activity Svetlana Goryacheva.

Following the discussion, the senators adopted the Council of Federation Decree “On the long-term socio-economic development of the Far East and the Baikal Region” as a basis. For consideration of colleagues, this issue was presented by the Chairman of the Council of Federation Committee on Federal Structure, Regional Policy, Local Self-Government and Affairs of the North Dmitry Azarov.

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