Putin Is Losing Russia’s Far East
Eastern Europe News

Putin Is Losing Russia’s Far East

Image by Peter Fitzgerald
Russian Far East regions

Less than two weeks ago, Russian President Vladimir Putin touted to an audience of Asian leaders the success of his policies in revitalizing Russia’s Far East. Since that speech, Kremlin-backed candidates have failed to win gubernatorial elections in the two biggest Far Eastern regions, throwing into doubt Putin’s control over the vast, strategically important lands that lie closer to Tokyo, Seoul and Beijing than to Moscow.

I’m Sorry Dems, Russia Is Not The Main Threat

In the last five years, Putin bragged to Chinese President Xi Jinping, Japanese Prime Minister Shinzo Abe and South Korean Prime Minister Lee Nak-yeon at the Eastern Economic Forum in Vladivostok, industrial output in the Russian Far East has increased by almost 22 percent. Thanks to government development programs, he said, 130 new companies have been launched and 16,000 jobs created. He could have added another talking point: In 2017, the Far East, comprising nine of Russia’s 93 constituent regions (95 if one counts the two created by the Crimea annexation), led Russia in private-sector investment, attracting 1.2 trillion rubles ($18.4 billion)…

To read more visit Bloomberg.

Related posts

Photos: The Amazing Moscow Metro

Tsarizm Staff

Ukraine Expects Another $4.5 Billion From IMF This Year

L Todd Wood

Albania Has Lowest Wages In Europe, Balkans

Irena Shabani

Czech Appeals Court Upholds Hijab Ban

Tsarizm Staff

Mystery As Russia LIQUIDATED Almost ALL Of Its Holdings In US Treasury Securities During Run Up To Helsinki Summit

Tsarizm Staff

Putin Still Wants Deal With Trump, Even After Sanctions, Syria Attack

Tsarizm Staff