- Important International institutions, agencies and fora, their structure, mandate.
Eastern Economic Forum
What to study?
For Prelims: Geographical position and features of the Far East, About the forum and it’s genesis.
For Mains: need for and significance of India- Russia cooperation.
Context: PM Narendra Modi has been invited as the chief guest of the Eastern Economic Forum in Vladivostok by Russian President Vladimir Putin on September 5.
About the Eastern Economic Forum:
The Eastern Economic Forum was established by Decree of the President of the Russian Federation Vladimir Putin in 2015.
In accordance with the Decree, the Eastern Economic Forum takes place each year in Vladivostok.
- Every year, the Eastern Economic Forum serves as a platform for the discussion of key issues in the world economy, regional integration, and the development of new industrial and technological sectors, as well as of the global challenges facing Russia and other nations.
- Events at the Forum traditionally take place in the form of panel sessions, roundtables, televised debates, business breakfasts, and business dialogues devoted to Russia’s relationships with various countries.
- The Forum business programme includes a number of business dialogues with leading partner countries in the Asia-Pacific region, and with ASEAN, a key integration organization of dynamically developing nations in Southeast Asia
ABOUT THE FAR EAST:
The Far East is the easternmost part of Russia. The macro-region borders two oceans, the Pacific and the Arctic, and five countries (China, Japan, Mongolia, the United States and the DPRK).
The Far Eastern Federal District covers more than a third of the country’s territory.
RESOURCES: The Far East is rich in natural resources like diamonds, stannary, borax materials, 50 gold, tungsten, and fish and seafood. About 1/3 of all coal reserves and hydro-engineering resources of the country are here. Forests of the region comprise about 30% of the total forest area of Russia.
Sources: the Hindu.