Vladimir Putin approves a list of instructions following the Eastern Economic Forum
The President instructed the Government to work with the Central Bank on drafting and submitting by July 15, 2026, proposals on developing a financial center in Russia’s Far East based on the Eastern Exchange.
There was also an instruction to expand the Far East and Arctic Mortgage program to include
· families with a third child or more, born after January 1, 2024
· all people working for state and municipal educational institutions in the Far Eastern Federal District, as well as in Arctic land territories
· resale housing in cities lacking projects to build apartment blocks.
The Government is also expected to approve before December 1 a long-term roadmap for extracting and producing rare and rare earth metals, as well as take measures to promote multimodal transport and logistic centers on the borders with China and the DPRK. In particular, this includes the railway bridge crossings Nizhneleninskoye – Tongjiang and Blagoveshchensk – Heihe, as well as the bridge crossing on the Tumannaya River, which is currently under construction. Instructions on this matter provide for presenting the corresponding reports by February 1, 2026, and by February 1, 2027.
The ten-year strategy for developing the Far Eastern Federal District must be drafted and approved by August 2026.
At least 10 industrial parks, technology parks and business parks must be established in the Far Eastern Federal District and Arctic land territories by 2030 for small and medium-sized businesses.
