This year's forum themed 'The Russian Far East: Creating a New Reality' has attracted the participation of nearly 5,000 delegates who are State leaders, entrepreneurs, experts and economists from 60 countries across the world.
Nguyen Van Binh, who is also a Politburo member and Secretary of the Party Central Committee, delivered a speech at the opening ceremony.
He valued the positive changes that the Far East has achieved in recent years and Binh noted that the Far East is a new economic centre of attraction, providing new conditions for conducting business, which will help Russia’s Far East to connect with other Asia-Pacific countries.
Yury Trutnev, Russian Deputy Prime Minister and Presidential Plenipotentiary Envoy to the Far Eastern Federal District, and Chairman of the Organising Committee of the Eastern Economic Forum, said that, over the last three years, a new economic space has been created in the Russian Far East through the implementation of 19 federal laws, 72 Government decrees and orders and four development institutions providing the framework for a new model of investment appeal, which is one of the best in the Asia-Pacific region.
This is the opinion of the founders of the 837 investment projects under way in the Far East, which includes investors from Japan, the Republic of Korea, China, Vietnam, India, Australia and other countries, he noted.
At the forum, Nguyen Van Binh and Yuri Trutnev witnessed the signing of a cooperation agreement between Vietnam's TH True Milk and Russia's Far East Development Corporation.
The annual forum was first held in 2015 under a decree of Russian President Vladimir Putin and the Russian President is scheduled to deliver a speech at the forum on September 7.
The second forum in 2016 witnessed the signing of more than 200 agreements worth approximately US$35 billion.
