Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

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A representative office of the Far Eastern Agency will open in China

A representative office of the Far Eastern Agency will open in China
Photo: pixabay.com

A representative office of the Far East Investment Promotion and Export Support Agency will open in China. The corresponding memorandum was signed by the Ministry of Eastern Development and the Ministry of Commerce of China in St. Petersburg, during the annual meeting of the heads of government of both countries.

According to Alexander Kozlov, Minister for Development of the Far East and the Arctic, the PRC representative office for attracting and promoting investments will be opened in Russia. Possible options for its location - Moscow or the capital of the Far Eastern Federal District.

Now in the territories of advanced development and in the free port areas of the region with the participation of Chinese capital, 49 projects are being implemented. The total investment in them is 2,8 billion US dollars. This is more than half of all foreign investments attracted to the Far East.

The opening of representative offices of economic development institutions in both countries will expand regional cooperation between the Russian Far East and the northeastern provinces of China.