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📷 On September 6, the Valdai Club presented a report, titled “Russia-China Strategic Partnership in the Context of the Crisis in Europe, within the framework of the business programme of the Eastern Economic Forum.

Photo gallery of the discussion is available on VK.

Stay tuned!

#EEF #EEF2022 #valdaiclub

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🇷🇺🇨🇳 Billateral trade has increased by more than 50% since 2014, and China has become Russia's largest export destination.

Especially for the presentation of the Valdai Club report “Russia-China Strategic Partnership in the Context of the Crisis in Europe” at EEF-2022, we created an infographic on Russian-Chinese cooperation.

#valdai_infographics #EEF #China

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🚩 Andrey Bystritskiy, Chairman of the Board of the Foundation of the Valdai Discussion Club:
 
◽️ The title of our session echoes the name of the forum itself: “Towards a Multipolar World”.

◽️ Will we be able to build consistent relationships in this world, make it comfortable, safe and convenient for everyone? These are the most important questions for our further development.

🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.

#EEF2022 #valdaiclub

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🇷🇺 Yury Trutnev, Deputy Prime Minister of the Russian Federation – Presidential Plenipotentiary Envoy to the Far Eastern Federal District:
 
▪️ 68 countries take part in the forum, and not only those close to the Russian Far East: these are Australia, Austria, Britain, the United States, Germany, France, Switzerland, Japan, Ireland, Italy – one can list them for a very long time.

▪️ This suggests that, despite the significantly changed construction of the world, nevertheless we are interesting to each other, we are trying to understand each other. And that means we have a chance.
 
▪️ Russia’s turn to the East did not happen now. Since Vladimir Putin declared the development of the Far East a national priority, almost 3,000 projects have been launched, private investments have come in at nearly 3 trillion rubles, and agreements worth 6.3 trillion have been signed.

▪️ The Far East is developing rapidly. This is the point of intersection of the worlds. But there are new challenges, fragments of development. So, the new tasks are:
 
Accelerating the development of the eastern railway polygon. We are not coping today: to date, 78 million tonnes have not been transported, and this is about 1.5 trillion lost gross national product.
Development of the Northern Sea Route. This is a transport artery that occupies a large place in the economy; the government has already adopted a plan for the Northern Sea Route.
Improving the modes of interaction with friendly countries. We want the mechanisms for recognizing diplomas and certificates to work fully, so that projects that will live in the new international territories of advanced development operate not only within the framework of national legislation, but also within the framework of intergovernmental agreements.

🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.

#EEF2022 #valdaiclub

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🇨🇳 Wang Wen, Executive Dean of Chongyang Institute for Financial Studies (RDCY):
 
◽️ This is my first time in Vladivostok. Yesterday we climbed to the top of the hill, from where a view of the city opened – very similar to Hong Kong. And I thought, why not develop Vladivostok in the same way as Hong Kong? What is needed for this:
 
1️⃣ First is the implementation of financial projects, you must build the city as a powerful financial centre. In the 1990s, all investment flows and foreign investment passed through Hong Kong, so it was able to rise and become the world’s largest exchange. Vladivostok has something to look up to.

2️⃣ Second is the creation of infrastructure. There should be convenient roads that ensure competitiveness.

3️⃣ Third, it is important to create a large market. Vladivostok, Primorye, is located on the shores of the Sea of Japan, and it should be open to the world.
 
◽️ The topic of our conversation is the multipolar world. Twenty years ago, great changes took place in the world. In the next decade, China will overtake the United States.

◽️ Now India has become the fifth largest economy in the world. In the near future, we are waiting for such a situation: the first economy will be China, the second – India, the third – the United States, the fourth – Japan.

◽️ Where is Europe? In Europe, there is a decline.
 
◽️ What is the role of Russia? Now she can enjoy the dividends that her immediate neighbours create. And Primorsky Krai plays a big role in the development of the Russian Far East, it is important to integrate it with the common economic system.

🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.

#EEF2022 #valdaiclub

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🇷🇺 Natalia Stapran, Director of the Department for Multilateral Economic Cooperation and Special Projects, Ministry of Economic Development of the Russian Federation
 
▪️ Over the past ten years, the Far East has moved forward very dynamically. Much has been done, much remains to be done.
 
▪️ Vladivostok is Russia’s gateway to the Asia-Pacific region. But you need to understand that competition is very high. You can consider the model of Hong Kong that Wang Wen talked about, but how many years did it take for Hong Kong to develop? Or maybe Vladivostok is similar to San Francisco... There are many economic centres on the Pacific Ocean.
 
▪️ The experience offered by our Asian partners, the ASEAN countries, is a very serious start for Russia. But it is difficult to create conditions that would compete with other regions. Highlights:
 
Development of logistical routes, means of communication – this is both the railway and the Northern Sea Route.
Legal regulation of relations. We are now facing many challenges: European systems of verification and recognition have to be abandoned, but this is not bad – we are looking at the countries of Asia.
Free trade zones, of which there is a huge number in the Asia-Pacific region, hence the question is whether we will catch up, jump into the departing train, or offer something of our own. The fact is that the modern global economy and the digital economy allow us to shorten the path to global trade, the long path that our Asian partners have travelled.
Request for green development.
Over the past ten years, the Far East has moved forward very dynamically. Much has been done, much remains to be done.

🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.

#EEF2022 #valdaiclub

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🇮🇳 B.K. Sharma, Major General (Ret.), Director of the United Services Institution:
 
◽️ Asia becomes a gravitational point where everyone flocks. But we live in a difficult period, where there is a lot of uncertainty. The world has gone through three shocks: COVID, the US withdrawal from Afghanistan, the Ukrainian crisis, and all this has affected the international situation.

◽️ At the international level, there is now more conflict and competition. A number of countries are trying to spread their ideology in other regions. We see an attempt to dominate through the so-called new resources – through technology (microchips, semiconductors).

◽️ Some countries have a habit of punishing and scaring everyone with economic sanctions.

◽️ However, the pyramidal structure of the world is beginning to crumble: Asia is developing, primarily China, Russia is developing, other countries, in particular India, are also straightening up and showing their strength in the international arena.

◽️ The world is getting on the rails of multipolarity. This is the future.
 
◽️ A hybrid war is going on in Ukraine – an attempt to undermine the international world order. But Russia and many Asian countries approach the international agenda more globally and responsibly and are trying to make sure that everyone comes to cooperation.
 
◽️ Relations between India and Russia are developing outside the policy of confrontation. Our views on the future development of the world are similar.

◽️ Vladivostok can become a place to bring people together – this is one of the development opportunities for Asia as a whole.
 
◽️ For us, this is also significant from the point of view of energy cooperation. India is one of the countries with large energy consumption, and it would be convenient for us if the Russian Far East developed.

◽️ We are also interested in cooperation in the field of green technologies. In this regard, the implementation of projects for the development of the Northern Sea Route is important, an integrated sea corridor is needed so that Russia can trade through Iran. In such a case, India too can take its place in the transportation of goods to these parts of the world.

◽️ There are concerns:
 
Prime Minister Modi recently said that the militarization of the Arctic must not be allowed – now there is such a danger.
In addition, there are fears that the relationship between India and China could undermine the relationship between Russia and India.
 
◽️ But the main thing is that India is ready to support Russia in the development of the Far East, and I think that in the end it will take the position of a strategic balancer in all processes.

🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.

#EEF2022 #valdaiclub

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🇷🇺 Anastasia Likhacheva, Dean of the Faculty of World Economy and International Affairs, HSE University
 
▪️ It seems that all of the above is too good to be true. But these conditions do exist, and they are of a long-term nature. For Russia, choosing the best is important.
 
▪️ Returning to the topic of the session (multipolarity), it is not the number of poles that matters, but their quality. The whole logic of turning to the East was based on a deep understanding of how globalization works, global markets, and what role Asia plays in these relations. In the last six months, the processes have accelerated, a deep revision has begun. And this revision will not be soft, quick and amicable.
 
▪️ One aspect of the transition to a new globalization is already very clearly taking shape – this is a departure from the commodity-nomenclature snobbery that was inherent in the last stage of globalization: “Supply of vulgar hydrocarbons, wheat, fertilizers? Yes, this is just the baseline.” This was the case both at the level of rhetoric and at the level of distribution of corporate value.

▪️ In recent years, a grocery delivery app could be valued dozens of times more expensive than food delivery companies and manufacturers. Today, for dozens of countries, it doesn’t matter what application you have for delivering groceries if you don’t have bread and nothing to charge your phone with.
 
▪️ And this transition is very important for the Far East, for how it will lead Russia to Asia and wider – to the big world to the East and South.
 
▪️ We are ready to export not only specific goods: we are ready to export food, water and energy security. And that's a huge competitive advantage. The export value of the Far East is the readiness to provide these goods in a predictable and sustainable manner.
 
▪️ It is important for us:
 
To realize that we are able to export not only barrels;
To develop infrastructure;
Not to scrimp on investments – the stakes are very high now, and these investments will pay off.

🎥 Valdai Club session titled “Gateway to the Multipolar World. The Far East in the New Architecture of International Relations” at #EEF.

#EEF2022 #valdaiclub
COMING SOON: On September 11, at 10:00 Vladivostok time (GMT+10), or at 3:00 Moscow time (GMT+3), the Valdai Club will hold a session, titled “Open Far East in the World Economy: Achievements and Plans for the Future”, within the framework of the Eastern Economic Forum (EEF).

The Valdai Club session at the EEF-2023 continues the Club’s flagship project dedicated to Russia’s turn to the East. During the discussion, the speakers will analyse the dynamics of Russian-Asian cooperation after February 24, 2022, share forecasts, and evaluate joint projects that are in demand amid the current situation.

📑 The Valdai Club prepared a report for the EEF, titled Russia and Asia: Paradoxes of a New Reality. It consists of a series of case studies conducted under the auspices of the Club this past spring. The authors of the report for the first time showed how the peculiarities of regional development and the conflict in Ukraine have affected Russia’s bilateral relations with each of the Asia-Pacific countries. 

Working languages: Russian, English.

📍Venue: Vladivostok, Far Eastern Federal University, Building B, Conference Hall No. 6.
Entrance to the event is open to EEF participants and journalists accredited at the Forum.

A link to the live broadcast of the session will be posted on all online platforms of the Valdai Club: on the 
websiteX (formerly Twitter)VKontakteTelegram and Dzen.

#Valdai_EEF #EEF #EEF2023 #valdaiclub

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🌏 Asia is now precisely the region that has become Russia’s “gateway” to the global economy; it trades most actively with us and maintains a dialogue at the interstate level.

This is also evidenced by the results of the analysis carried out by Valdai Club experts in a recently published report on the dynamics of relations between Russia and Asian countries over the past year and a half.

Since the spring of 2022, the West began to pursue a policy of ousting us from world markets, and ties with Asia played a decisive role in the fact that this ultimately did not happen. The Far East and its leading cities, including Vladivostok itself, has become the most important “hub” for trade and economic relations with Asian countries on a new scale. Over the past months, the load on cargo ports has increased manifold.

That is why the Eastern Economic Forum, traditionally, has not only been about business cooperation, but also about solving the development problems which face the Far East as a whole. This is achieved through the close coordination of measures taken by the Russian government and the initiatives of the business community.

The EEF-2023 was a kind of synchronisation of watches on how the “pivot to Asia” policy responded to the demand and needs that arose last year, what has already been done, and what problems have become the most important. These problems of today form the agenda for tomorrow, writes Valdai Club Programme Director Timofei Bordachev.

https://valdaiclub.com/a/highlights/pivot-to-the-east-at-a-new-stage-eef-assesses/

#Valdai_EEF #EEF #EEF2023 #Asia #FarEast

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