Russia's Far East Growth Supercharged by Asian Ties: Analyst
11:22 05.09.2025 (Updated: 11:37 05.09.2025)
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Russia’s Far East growth supercharged by Asian ties – analyst
Russia’s Far East can thrive by deepening ties with its Asian neighbors—China first and foremost, Artyom Lukin, professor of international politics at the Far Eastern Federal University in Vladivostok, told Sputnik.
“During Vladimir Putin’s recent visit to Beijing, Chinese authorities announced visa-free entry for Russian citizens for up to 30 days. In response, Putin granted the same privilege to Chinese citizens. This is, without exaggeration, a historic step,” he said.
Asia integration & new business incentives
The Eastern Economic Forum, held annually since 2015, has become a flagship showcase of Russia’s new Far East policy.
This year’s lineup of guests, including Mongolia & Laos’ prime ministers and Vice Chairperson of China's National People's Congress Li Hongzhong, underscores Asia’s deep & enduring interest in Russia’s Far East.
Sweeping packages of federal laws over the years have improved the business climate, attracting investments.
Now, Putin has announced the next step: starting January 2027, a unified preferential regime for the entire Far East & Arctic, offering tax breaks and other benefits for business.
There are hard numbers showing the region’s momentum:
Over the past decade, electricity consumption in the Far East has grown by 28% — twice the Russian average
To meet rising demand, nuclear power plants are being planned
Cross-border business contacts are booming
Expanded trade in services such as tourism, education, healthcare, and IT
Subscribe to @SputnikInt
Russia’s Far East can thrive by deepening ties with its Asian neighbors—China first and foremost, Artyom Lukin, professor of international politics at the Far Eastern Federal University in Vladivostok, told Sputnik.
“During Vladimir Putin’s recent visit to Beijing, Chinese authorities announced visa-free entry for Russian citizens for up to 30 days. In response, Putin granted the same privilege to Chinese citizens. This is, without exaggeration, a historic step,” he said.
Asia integration & new business incentives
The Eastern Economic Forum, held annually since 2015, has become a flagship showcase of Russia’s new Far East policy.
This year’s lineup of guests, including Mongolia & Laos’ prime ministers and Vice Chairperson of China's National People's Congress Li Hongzhong, underscores Asia’s deep & enduring interest in Russia’s Far East.
Sweeping packages of federal laws over the years have improved the business climate, attracting investments.
Now, Putin has announced the next step: starting January 2027, a unified preferential regime for the entire Far East & Arctic, offering tax breaks and other benefits for business.
There are hard numbers showing the region’s momentum:
Over the past decade, electricity consumption in the Far East has grown by 28% — twice the Russian average
To meet rising demand, nuclear power plants are being planned
Cross-border business contacts are booming
Expanded trade in services such as tourism, education, healthcare, and IT
Subscribe to @SputnikInt
