RE: Advfn1 Jan 2019 17:34
STOP deliberately confusing people by shortcuting the document! Document clearly STATE following:
Russia welcomes investment and where investments are in a state of still being negotiated or offered the document STATES that Russia recommends to invest!
Can you see a difference between welcomes and recommend???
5.2.4. The Russian side welcomes the attraction of investments from the People’s Republic of China to the implementation of the following investment projects
and
3.3. The Russian side recommends that investors from the People’s Republic of China implement investment projects in the following priority development areas
1. Preamble
1.1. Russian-Chinese relations of a comprehensive partnership and strategic interaction steadily demonstrate rapid and stable development, characterized by ever more positive dynamics.
1.2. The People’s Republic of China has been the main trading partner of the Russian Federation for more than 8 years. According to the Federal Customs Service of the Russian Federation, the trade turnover between the two countries in 2017 reached $ 87 billion, showing an increase of 31.5%.
1.3. Based on the principles of the Treaty of Good Neighborhood, Friendship and Cooperation, the Russian Federation and the People's Republic of China continue to steadily increase cooperation across the full range of areas of bilateral cooperation, including cooperation in the field of economics and investment, infrastructure construction, energy, high technology, agriculture, and the humanitarian sphere.
1.4. Proceeding from the fact that the development of the Far East is determined by the national priority of the Russian Federation for the entire 21st century, Russia and China recognize the development of trade, economic and investment cooperation in the Far East of the Russian Federation as an important area in bilateral relations.
1.5. Taking the first place in terms of commodity turnover and investment cooperation with the regions of the Far East, the People’s Republic of China is a key foreign partner of the Russian Federation in accelerating the economic development of the Russian Far East.
1.6. In this document, the Russian side refers to the Ministry of the Russian Federation for the Development of the Far East, as well as the Russian authorized organizations supporting investment projects from the People’s Republic of China implemented in the Far East of the Russian Federation. The Chinese side refers to the Ministry of Commerce of the People’s Republic of China, as well as the Chinese authorized organizations supporting investment projects from the People’s Republic of China, which are being implemented in the Far East of the Russian Federation.
2. Competitive advantages of the Far East of the Russian Federation
2.1. The Far East of the Russian Federation, being a direct part of the most dynamically developing Asia-Pacific region, is the closest macro