APEC to bring new attention to the Far East


The world will see Russia’s internal development at the global summit in September.


The upcoming APEC summit in Vladivostok and the creation of the Federal Ministry for the Development of the Far East of the Russian Federation means that Russian society and business elites are ready to take a new look at Siberia and the Far East. Rather than being considered simply a distant outpost on the periphery, these developments indicate that these regions should now be viewed as a potential center of economic development.


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