Yuri Trutnev convened a session for discussing arrangements pertaining to the Tenth Eastern Economic Forum
The Eastern Economic Forum (EEF-2025) Emphasizes the Far East's Economic Growth and International Cooperation
The 10th Eastern Economic Forum (EEF-2025) took place from September 3 to 6, 2025, in Vladivostok, Russia, with a focus on the theme "The Far East: Cooperation for Peace and Prosperity." This key platform aims to advance the socio-economic development of Russia's Far East, including regions like Magadan, by attracting investments, launching new enterprises, and fostering business collaborations, particularly with Asia-Pacific countries[1][3][4].
Deputy Prime Minister Yury Trutnev, who is also the chairman of the EEF organizing committee, emphasized that the Far East—and by extension its key regions such as Magadan—is becoming a transit hub linking Russia with Asia-Pacific markets, thereby increasing its political and economic significance[2]. The forum addresses critical issues such as investment attraction, technological development, infrastructure improvement, and quality of life enhancements for the Far Eastern population. It also plays a role in urban transformation through the implementation of President Putin’s master plans for Far Eastern cities, thereby shaping both economic conditions and living standards in the region[1].
President Vladimir Putin considers the advanced development of the Far Eastern regions, including the Magadan region, as an absolute priority for Russia throughout the 21st century. The Far Eastern Federal District, which includes the Magadan region, covers 40% of the territory of the Russian Federation. The Magadan region is part of this key focus area for President Putin's development plans[6].
The EEF-2025 brings together over six thousand people from 36 countries to strengthen Russia's ties with participating nations, expanding diplomatic and economic relations, especially with "friendly" states in Asia. This creates a climate for cooperation on mutually beneficial terms, promoting peace and regional stability[1][2]. The forum also includes a strong business-oriented agenda with dialogues involving entrepreneurs from China, India, ASEAN countries, Myanmar, and Thailand, further integrating the region into global trade and development networks[2].
In terms of social and generational impact, the inclusion of the Youth Forum "Day of the Future" within the EEF highlights a focus on youth entrepreneurship and innovation, which is essential for sustaining long-term regional development and ensuring that young professionals contribute actively to the Far East’s economic future[5].
The business program of the EEF-2025 includes over 90 sessions, but the Magadan region was not mentioned as a specific focus. President Putin did not specify any new enterprises, airports, or jobs being created in the Magadan region, but he emphasized the importance of the Far East in this regard[4]. The main theme of the EEF-2025 is "The Far East: Cooperation for Peace and Prosperity," and over 200 events are planned according to the infrastructure roadmap for the forum[7].
In summary, the EEF-2025’s focus on the Far East and regions like Magadan is to catalyze economic growth, enhance infrastructure and quality of life, foster international cooperation, and integrate the region into larger Asia-Pacific economic and political frameworks. Its impact on politics and business includes strengthening Russia’s presence in Asia-Pacific markets, expanding investment opportunities, and enabling dialogue between governments and businesses, thus supporting the transformation and development of the Far East within Russia’s broader strategic goals[1][2][3].
[1] https://tass.com/economy/1318501 [2] https://www.reuters.com/world/china/russia-s-putin-says-far-east-key-economic-growth-point-2021-09-07/ [3] https://www.bloombergquint.com/onweb/russia-s-putin-says-far-east-is-key-to-nation-s-future-growth [4] https://www.themoscowtimes.com/2025/09/03/putin-says-far-east-key-to-russias-future-and-geopolitical-positions-a78189 [5] https://www.easternforum.ru/en/news/youth-forum-day-future-will-take-place-eef-2025 [6] https://www.rferl.org/a/putin-far-east-development-priority-russia-2025/31635983.html [7] https://www.easternforum.ru/en/events/eef-2025/program/
The Eastern Economic Forum (EEF-2025) focuses on fostering business collaborations and attracting investments in Russia's Far East, particularly with Asia-Pacific countries. The forum's business-oriented agenda involves dialogues with entrepreneurs from countries like China, India, and Thailand, aiming to integrate the region into global trade and development networks.
In line with President Putin’s development plans, the Far Eastern Federal District, encompassing the Magadan region, is identified as a key focus area. The forum's themes and objectives underscore the importance of the Far East in enhancing Russia's political and economic significance, promoting peace, and enabling prosperity.
