The importance of global events in today’s world is hard to be overestimated for economic, political and cultural growth of a host country. One of such events has become the 5h Eastern Economic Forum held in Russia’s Vladivostok on September 4-6, 2019.
Due to the geographic location of Vladivostok in the Russia’s Far East, Russia plays a key role in collaboration and integration with the ASEAN countries. The Forum has become a unique platform for developing business dialogues such as Russia-ASEAN, Russia-Europe, Russia-China, Russia-Japan and Russia-South Korea. It also has allowed to define pathways for the future world’s sustainable development and to woo foreign investments in the Russia’s Far East.
According to the Russian Foreign Ministry, over 4,000 representatives of official and business circles from more than 30 countries are taking part in the forum, with the biggest delegations from Asia, Europe and the US.
One of the EEF 2019 highlights was the meeting between Russia’s President Vladimir Putin and Indian PM Narendra Modi. The two leaders have agreed to strengthen the ties between their countries to boost economic collaboration.
“This is a historic opportunity to give a new impetus to cooperation between our countries,” said Modi.
According to experts, Russia’s aspiration to host such events speaks about Russia’s openness and transparency. The forum can be used by international community as an expert platform like the St.Petersburg Economic Forum and INNOPROM, held in Yekaterinburg annually.