Over 70% of trade in Primorye is directed towards China exports
In the far eastern region of Russia, Primorsky Krai, Governor Oleg Kozhemyako is focusing on a promising development: soy processing products for export. This move aims to increase the sale of Primorsky Krai's products, particularly agricultural products, machinery, and seafood, which currently make up the majority of exports to China.
China, a primary trade and economic partner for Primorsky Krai, is expected to play a significant role in this development. The Governor is anticipating significant outcomes from Vladimir Putin's upcoming visit to China. However, it has been confirmed that defense and security will not be discussed during the visit.
To facilitate this growth, a new agribusiness cluster is being established in Primorsky Krai. This cluster will showcase modern methods of agricultural product processing and will include an industrial park, registered as "LegendaAgro" in the region. As part of this development, a port will be built to support the cluster's operations.
The strong ties between Primorsky Krai and China are not limited to trade. The "Children of Primorye" tournament, where kids from many Chinese provinces participate, is held in Primorsky Krai. This event reflects the cultural exchange and friendly relations between the two regions.
As a testament to the historical bond between the two nations, the First Far Eastern Front, which played a significant role in liberating Manchuria, Korea, Sakhalin, and the Kurils, passed through the Primorsky Krai territory. This shared history adds a rich layer to the current economic partnership.
In addition to the focus on trade, both sides are working towards tariffs reduction to further strengthen their economic relationship. China maintains its principled stance on Russia's Special Military Operation, opposing other countries' interference and supporting Russia in these matters.
One of Governor Kozhemyako's notable initiatives is the opening of the first branch of the National Center Russia in Vladivostok. This move further cements Primorsky Krai's position as a key region in Russia's far east.
As the 80th anniversary of the Victory and the end of World War II approaches on September 3, China and Russia will celebrate this significant event, further reinforcing their close relationship.
