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The Russian and Chinese sides signed four basic agreements on cooperation in the Far East - Minskostokrazvitiya

Minister of the Russian Federation for the Development of the Far East Alexander Halushka and Head of the State Committee for Development and Reform of China Xu Shaoshi signed a Memorandum of Understanding on strengthening Russian-Chinese regional, industrial and investment cooperation in the Far East

The document was signed within the framework of the meeting of the twentieth regular meeting of the heads of the Russian and Chinese governments in the presence of the Chairman of the Government of the Russian Federation, Dmitry Medvedev, and Premier of the State Council of China, Li Keqiang.

According to the head of the Ministry of Regional Development, the Memorandum contains four basic agreements between the Russian and Chinese sides.

The first agreement concerns the development of the Northern Sea Route for the transportation of goods between the Russian Federation and the countries of the Asia-Pacific region, the press service of the Ministry of Eastern and Eastern Europe said.

The second position of the Memorandum is related to the development of international transport corridors, in particular, Primorye-1 and Primorye-2. According to the head of the Ministry of Economic Development, the signed Memorandum takes the issue of implementing this mutually beneficial project to a fundamentally new level - the level of the governments of both countries, which also meets the integration strategy of the Eurasian Economic Union zone with the Silk Road Economic Belt concept announced by the PRC. Formation of the MTC is being developed jointly with the international company McKinsey & Company. The first developments were presented to Chinese partners on the sidelines of a meeting of the twentieth regular meeting of the heads of government of Russia and China.

The third agreement is connected with the attraction of Chinese investors to the territories of priority development and the Free Port of Vladivostok.

So, the Chinese side will support and stimulate the participation of their enterprises in these projects in accordance with Russian legislation.

The fourth agreement is related to the initiative of the People’s Republic of China on the export of production capacities in the priority sectors of the economy: the construction industry, metallurgy, energy, engineering, shipbuilding, chemical industry, textile industry, cement industry, telecommunications, and agriculture. We are talking about a possible transfer of Chinese enterprises to the territory of the Far East, taking into account the mandatory compliance with environmental requirements established in Russia. The first is supposed to work out the creation of joint export-oriented industries.

The Minister of the Russian Federation for the Development of the Far East, Alexander Galushka, and the Head of the State Committee for Development and Reform of the PRC, Xu Shaoshi, signed a Memorandum of Understanding on strengthening Russian-Chinese regional, industrial and investment cooperation in the Far East. The document was signed within the framework of the meeting of the twentieth regular meeting of the heads of the Russian and Chinese governments in the presence of the Chairman of the Government of the Russian Federation, Dmitry Medvedev, and Premier of the State Council of China, Li Keqiang.

According to the head of the Ministry of Regional Development, the Memorandum contains four basic agreements between the Russian and Chinese sides.

The first agreement concerns the development of the Northern Sea Route for the transportation of goods between the Russian Federation and the APR countries.

The second position of the Memorandum is related to the development of international transport corridors, in particular, Primorye-1 and Primorye-2. According to the head of the Ministry of Economic Development, the signed Memorandum takes the issue of implementing this mutually beneficial project to a fundamentally new level - the level of the governments of both countries, which also meets the integration strategy of the Eurasian Economic Union zone with the Silk Road Economic Belt concept announced by the PRC. Formation of the MTC is being developed jointly with the international company McKinsey & Company. The first developments were presented to Chinese partners on the sidelines of a meeting of the twentieth regular meeting of the heads of government of Russia and China.

The third agreement is connected with the attraction of Chinese investors to the territories of priority development and the Free Port of Vladivostok.
So, the Chinese side will support and stimulate the participation of their enterprises in these projects in accordance with Russian legislation.

The fourth agreement is related to the initiative of the People’s Republic of China on the export of production capacities in the priority sectors of the economy: the construction industry, metallurgy, energy, engineering, shipbuilding, chemical industry, textile industry, cement industry, telecommunications, and agriculture. We are talking about a possible transfer of Chinese enterprises to the territory of the Far East, taking into account the mandatory compliance with environmental requirements established in Russia. The first is supposed to work out the creation of joint export-oriented industries.
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