※ Date: Aug 1, 2012-Aug 3, 2012

※ Venue: Magadan Region, Russia

※ Participated by: 20 members in 4 organizations from 3 countries (2 member organizations): 2 from Russia (Magadan Region, Republic of Sakha (Yakutia), 1 from China (Optical Industries Limited), 1 from Japan (Senior Consulate General of Japan, Japanese Consulate General in Vladivostok)

1. Overview
○ Date: Aug 1, 2012-Aug 3, 2012 (3 days)
○ Location: Magadan Region, Russia
○ Participants
• 20 members in 4 organizations from 3 countries (1 from Japan, 1 from China, and 2 from Russia)
• 2 officers from NEAR Secretariat, including the Secretary General

2. Meeting Schedule
○ Presentation on Magadan Region and potentials on natural resources
(Elena Suranova: Ministry of Administration Bureau of Natural Resources, Magadan Region)
○ Chinese investor’s experience in mineral resource development in Magadan Region
(Riu Min Li: Vice President, Optical Industries Limited)
○ Investment potentials of Republic of Sakha (Yakurtia)
(Aleksei Yepimov: Manager, Department of Jewelry Craft, Republic of Sakha Ministry of Economy, Industries, and Policies)
○ Innovative Settlement of Mining in Magadan Region
(Presenter: Galina Golovokova: Manager, Department of Investment Policies, Magadan Region Ministry of Public Administration)

3. Resolutions
○ Local governments of NEAR members
• Information on local natural resources
• Invitation to presidents of mining companies in NEAR member regions to participate in the Sub-committees.
• Civil-government cooperation system support
○ NEAR Secretariat
• Report on the accomplishments to members
• To consider the following agenda to hold the 3rd Conference of the Sub-committee on Mineral Resources and Coordination in 2014:
• Analysis of common problems with natural resource development
• NEAR members’ search for possibility of joint resource development
• Specific investment presentation on mining useful minerals