Dmitry Medvedev rejected plans to set up a State corporation to run the economy in eastern Siberia and the Far East.
Session seen as a significant step towards improving economic prospects for vast priority region including eastern Siberia.
People feel better about themselves and their lives, defying the international stereotype of Siberia.
Plans to develop Russky Island as 'a model advanced development area'.
Analysts say opening of LNG facility in Queensland with exports to China could affect Yamal as Pacific countries look to take on Russia in Asia.
Vostochny Cosmodrome will 'improve life in the Far East and upgrade its industrial base'.
New rail bridge linking the two countries symbolizes closest-ever economic co-operation between neighbors.
Business leaders on island state see significant opportunities as Moscow looks to Siberia and Far East for investment.