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5th NEAR Subcommittee on Mineral Resources Development held in Magadan Region, Russia2018-07-25

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The Subcommittee on Mineral Resources Development and Coordination held a meeting in Magadan Region, Russia on Friday, July 18 2018. The meeting was attended by around 30 participants, including the Vice-Governor Igor Ozimok, and representatives from Heilongjiang Province and Inner Mongolia Region, China. From the NEAR Secretariat, A delegation headed by Deputy Secretary-General Park Chang-su attended the forum. The subcommittee has been held since 2018 and the coordinator position is held by Magadan region.

A presentation was given on the state of natural resources in Magadan and investment attraction of the region. An agreement was reached concerning the distribution of information and studies to NEAR member regional governments and the invitation of business people in the fields of mineral resources management to subsequent meetings.



On July 19, the NEAR delegation attended MINEX Russia 2018 and visited promotional booths of mineral resources companies and listened to an explanation on the investment projects of the Far East.