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On November 16, 2016, Vice Chairman Xu Fushun met with Mr. Alexei Chekunkov, CEO of the Far East and Baikal Region Development Fund, Russia (FEDF).

In the new Russia Direct report, top experts explain why Russia needs to retool its approach to reinvigorating its Far East. They also give advice to potential foreign investors in the region.

CEO Alexei Chekunkov's remarks suggest that joint Russo-Japan development in the area could be desirable in moving toward a resolution over the dispute.


The Far East Development Fund will consider the opportunity of granting a loan totalling to 7 billion roubles to the Kolmar Coal Mining Company, which is implementing a project to increase coal production at the Chulmakanskoye and Denisovskoye fields and expand the current capacities of the Inaglinskiy Coal Complex in the territory of the Republic of Sakha (Yakutia).

In the near future, Russia’s Far East will have its own stock exchange, which is designed, among other things, to attract venture capital from Asian countries. In an interview with RBTH, Alexei Chekunkov, the head of the state-initiated Far East Development Fund, spoke about the prospects for potential investors in the region.

Russia’s Far East Development Fund and China National Gold Group Corporation are discussing plans to create a joint investment fund to finance gold mining in eastern Russia, the head of the Russian fund said Friday.

MOSCOW (Sputnik) — Chinese investors have injected more than $1.9 billion in Russian Far East development projects, a source at the Russian Far East Development Ministry told Sputnik.

The Far East Development Fund will finance three projects worth 50.3 bln rubles ($761.4 mln) and investments of the Fund proper will be 4.7 bln rubles ($71.1 mln), Deputy Prime Minister and presidential plenipotentiary in the Far Easter Federal District Yuri Trutnev said on Tuesday.
The three-day event is designed as a platform for dialogue between international investors, the Russian government and countries of the Asia-Pacific Region.
The development of Arctic territories and waters to organize the production of hydrocarbons and metals requires the enhancement of freight logistics on the NSR. Leading ocean carriers have a practical interest in the NSR in view of the possibility of reducing the goods shipping arm from Asia to Europe and back. With efficient management of cargo traffic and the availability of icebreakers, the NSR can prove to be more competitive than traditional logistics routes.
Mining minnow Amur Minerals (LSE: AMC) is charging higher today after the company announced the signing of a Financial Advisory Agreement with the Russian Government's Far East and Baikal Region Development Fund.

The Far East and Baikal Region Development Fund plans to cooperate with the BRICS New Development Bank (NDB) within the framework of investment projects in Russia’s Far Eastern Federal District, General Director of the Fund Alexei Chekunkov said on Wednesday at the press conference in TASS.

Alexei Chekunkov, CEO of the Far East Development Fund spoke to RIR about the prospects for priority development of areas in the Russian Far East and how Indian investors have expressed interest in developing tourist facilities.
The Far East and Baikal Region Development Fund plans to cooperate with the BRICS New Development Bank (NDB) within the framework of investment projects in Russia’s Far Eastern Federal District, General Director of the Fund Alexei Chekunkov said on Wednesday at the press conference in
In Asian business community Mr. Aleksey Chekunkov is known as one of the founders of the $2Bn Russia-China Investment Fund and from October 2014 as the Head of the Far East development fund, a subsidiary of the State-owned Vnesheconombank (3.8 trillion rubles in assets).
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