Vladimir Putin’s speech at the WEF-2024. Key points:

Economy and trade:

Russia is reorienting its trade and business ties to the East and the countries of the Global South.

The development of the Far East will become a priority for Russia in the 21st century.

The Far East is positioned as a leader in the new global economic reality.

More than 1,000 agreements totaling over 10.5 trillion rubles have been signed at the last three WEF.

More than 5.5 trillion rubles were returned to the special economic zone on Russian Island from offshore.

It is planned to create the first international territory of advanced development in the Primorsky Territory.

A project of a new deep-water port in the Far East with the participation of Belarus and China is possible.

Construction and infrastructure:

In the Far East, there is an increase in energy consumption, and it is necessary to eliminate the shortage of electricity.

Putin suggested considering the construction of new nuclear power plants in the region.

The expansion of the Eastern Railway Range, including the construction of double tracks along the entire length of the BAM, is a major project.

Russia is ready to implement large-scale transport projects, build quickly, efficiently and in large volume.

The construction of icebreakers and the development of the infrastructure of the Northern Sea Route will increase cargo traffic.

By 2026, the inspection time at the automobile border crossings of the Far East will be reduced to 10 minutes.

It is planned to build new educational campuses in Ulan-Ude, Petropavlovsk-Kamchatsky, Chita and expand the FEFU campus in Vladivostok.

Social needs:

Increased payments under the Zemsky Doctor and Zemsky Teacher programs in the Far East will remain.

Starting from July 1, 2024, mortgage repayment to large families in the Far Eastern regions with low birth rates will be increased to 1 million rubles.

The 2% rate on Far Eastern and Arctic mortgages will remain.

An additional 100 billion rubles have been allocated for the implementation of master plans for Far Eastern cities.

Putin stressed that the construction of the “economy of the future” should be built around a person, and not vice versa.

@highlylikely20