Putin orders logistics hubs on China, North Korea borders

Putin Orders Logistics Hubs on China and North Korea Borders

Russian President Vladimir Putin has directed the government to establish multimodal transport and logistics hubs along the borders with China and North Korea. This effort aims to enhance infrastructure and trade routes in the Far Eastern region, according to the Kremlin on Tuesday.

Eastern Economic Forum Directives

Following the Eastern Economic Forum, Putin issued several instructions. He tasked the Cabinet with approving a roadmap by December 1 for the long-term development of rare earth metal mining and production.

Industrial and Business Development Plans

By 2030, at least 10 industrial, technology, and business parks will be created in the Far Eastern Federal District and Arctic areas to support small and medium-sized enterprises.

Mortgage Program Expansion

The Far Eastern and Arctic mortgage program will expand to cover:

Financial Center Initiative

By July 15, 2026, the government and the Central Bank must present proposals for establishing a financial center in the Far East, based on the Eastern Exchange.

Russian President Vladimir Putin: "Build multimodal transport and logistics hubs to strengthen infrastructure and trade routes in the Far Eastern region."

Summary: Putin directs the development of logistics hubs, industrial parks, and expanded mortgage programs to boost economic growth and infrastructure in Russia's Far East and Arctic regions.

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Anadolu Ajansı Anadolu Ajansı — 2025-11-05

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