Russian Far East Ministry Plans to Sign Deals Worth $3Bln With China

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Chinese 100 yuan notes. (File) - Sputnik International
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The Russian Ministry for the Development of the Far East plans to sign four deals with China during the Eastern Economic Forum (EEF) in September, worth a total of $3 billion, Minister for the Far East Alexander Galushka told Sputnik on the sidelines of the St. Petersburg International Economic Forum (SPIEF).

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SPIEF to Show What Russian Far East Has to Offer for Cooperation With Asia
ST. PETERSBURG (Sputnik) — SPIEF kicked off in St. Petersburg on Thursday and will continue through Saturday. The Sputnik news agency is the official media partner of SPIEF.

"There are four more projects worth $3 billion. We will present them all. We expect to begin the official presentation of these projects and the signing of legally binding documents by the Eastern Economic Forum," Galushka said.

He added that there are currently 21 projects for a total of $3 billion of Chinese investments being implemented in the Far East.

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