Putin Orders Expansion of Logistics Centers on Borders with China and North Korea

According ‌to ‍the English ‌section ⁢of webangah News Agency,citing Anadolu Agency via Mehr News​ Agency,the Kremlin announced on Tuesday‍ that President‌ Vladimir Putin has instructed ‍the⁣ government to establish multimodal transport ⁣and logistics hubs‌ along Russia’s borders ​with China and North Korea.This initiative aims to strengthen infrastructure ​and trade routes in the Far East ⁣region.

The directive ⁢is ⁢part of a list ⁢of orders issued following the Eastern Economic Forum, where Putin also instructed the cabinet to approve a separate roadmap by December‌ 1 for the long-term development of⁣ rare earth metal extraction and production.

By 2030, at ⁤least⁣ ten industrial, technological, and commercial parks are planned‍ for creation in the Far Eastern Federal District and Arctic territories. These parks will support small-‌ and medium-sized enterprises.

Additionally, by July 15, 2026, Russia’s government⁤ and central bank are expected to ‌submit proposals for establishing a financial center in the Far east.