Far East to compete with Singapore, Hong Kong and Korea - Deputy PM Trutnev

The advance development territories (ADT) in the Russia’s Far East will compete with Hong Kong, Singapore, China, Japan, and the Republic of Korea, Deputy Prime Minister and Presidential Plenipotentiary in the Far Eastern Federal District Yuri Trutnev said on Tuesday.

The advance development territories (ADT) in the Russia’s Far East will compete with Hong Kong, Singapore, China, Japan, and the Republic of Korea, Deputy Prime Minister and Presidential Plenipotentiary in the Far Eastern Federal District Yuri Trutnev said on Tuesday.

"We incorporated best practices used in the neighboring countries into the ADT structure. We understand we will not compete domestically. We will compete with Hong Kong, Singapore, China, Japan, and the Republic of Korea," Trutnev said.

TASS reported earlier the advance development territories will be established in the Russia’s Far East.

First published by TASS.

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