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Shereykin: The Far East may become a springboard for Russian and European companies to enter the Asia-Pacific market

According to the Deputy Minister of the Russian Federation for the Development of the Far East, Maxim Shereikin, the Far East can become a springboard for Russian and European companies to enter the market of China and other countries of the Asia-Pacific region, RIA Novosti reports.

“Businessmen are afraid to enter the Asian, in particular, the Chinese market, but are potentially ready to come to the Far East (to work from there to the Chinese market - ed.). But they need comfortable conditions. We create such conditions in Torus", - he said.

According to Shereykina, Russian companies are actively showing interest in entering the Asia-Pacific markets through the Russian Far East. This manifested itself during a seminar with Chinese businessmen interested in working in the Far East, but which eventually resulted in more Russian businessmen (mostly Moscow ones).

The Russian authorities are positioning the development of the Far East as one of the priorities of their policies. In the region operates social and economic development program The Far East and the Baikal region, with 2015 year earned TOR lawproviding tax incentives for investors and free infrastructure, other projects are being launched, in particular, Vladivostok will receive the status free port with a facilitated regime for residents.
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