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The scale and diversity of tasks facing APEC are truly impressive - Putin

Russian President Vladimir Putin in his article published on Tuesday in the Russian newspaper for the next meeting of the leaders of the APEC forum countries raised the issue of deepening regional economic integration, as well as the scale and diversity of the tasks facing APEC

On November XNUMX-XNUMX this year, the next meeting of the leaders of the countries participating in the APEC forum will take place in Manila. It will be held under the proposed Philippine Chairmanship: Towards a Better World through Inclusive Development.

The scale and diversity of tasks facing APEC are truly impressive - Putin
For a long time, trade has been the driving force behind economic growth in the Asia-Pacific region and other regions of the world. However, as the effect of tariff liberalization declined, it became clear that additional agreements were needed, covering services, investment, non-tariff barriers, competition policies and subsidies. Naturally, this cannot be achieved without difficult negotiations and mutual compromises.

One of the possible ways out of this situation is deepening regional economic integration. Today Russia - together with Armenia, Belarus, Kazakhstan and Kyrgyzstan - is successfully developing the Eurasian Economic Union (EAEU). Our integration project is initially focused on cooperation with other countries and their associations. In May of this year, an agreement was signed on a free trade zone between the EAEU and Vietnam. Another 40 countries are considering the possibility of signing similar agreements.

An example of a transparent partnership is the agreement on pairing the EAEU with the Chinese initiative for the Silk Road Economic Belt. The implementation of this project will allow to "expand" a number of "bottlenecks" in the field of transport infrastructure, regulation of cross-border movement of goods and services; will give a serious impetus to the integration of APEC economies.
We look forward to reaching mutually beneficial agreements in the field of traditional and renewable energy, emergency response, food security and agriculture during the Russia-ASEAN summit, which will be held next year in Sochi.

The creation of new free trade zones generally contributes to the formation of favorable conditions for the liberalization of trade flows and investments in the APR. At the same time, the confidential nature of the negotiations on the establishment of the Trans-Pacific Partnership (TPP) is unlikely to help sustainable development in the Asia-Pacific region.

We are convinced that the strategic path lies not only in increasing the number of free trade zones, but also in joint development and implementation of the best liberalization practices in all APEC members, taking into account the positions and interests of each other.

In this regard, it is necessary to continue the course on increasing the role of APEC as a coordinator of various integration initiatives aimed at creating a common, open and non-discriminatory market in the region, free of block barriers. Of particular importance in this is the effective implementation of the Roadmap for Facilitating Progress towards the Asia-Pacific Free Trade Area, approved in Beijing in 2014.

To realize the development potential of the APEC countries, it is not enough to agree only on the rules of the game in relation to today's commodity flows. It is necessary to develop joint approaches to the formation and regulation of the emerging markets of the “new economy” based on digital technologies. Form institutions and rules that provide additional opportunities for entrepreneurs in our countries to create modern, promising products and high-quality jobs.
For its part, Russia is actively involved in the work of new financial institutions in the region - the BRICS Bank and the Asian Infrastructure Investment Bank. I am sure that their activities will not only contribute to development in the Asia-Pacific region, but will also contribute to strengthening the stability of the global financial system.

At the national level, we are consistently engaged in creating the most comfortable business climate. These efforts have received international assessment: over the past four years in the Doing Business rating of the World Bank, Russia has risen by 69 positions, from 120-th on 51-e a place.
The scale and diversity of the tasks facing APEC is truly impressive. I am convinced that we can successfully solve them
We pay special attention to developing the potential of the Russian Far East. This year, we began to create the so-called territories of advanced socio-economic development - economic zones with an unprecedented set of tax and other preferences for Russia. In relation to the port of Vladivostok, special legislation on a free port was adopted. We plan to extend this regime to other key harbors of the Far East. The Far Eastern ports, the Northern Sea Route, the modernization of our railways should become a factor in the growth of interconnection in the APR, an important infrastructure link between the APR and Europe.
APEC is also showing serious interest in Russian proposals for the formation of a common educational space in the region. Today, when the Asia-Pacific region is confidently consolidating itself among the world's leading technology centers, it is becoming increasingly important to combine efforts to create large research platforms and centers. I would like to note that the proactive role of Russia in this area was recognized by partners and our country - together with Peru - was entrusted with the right to chair the APEC Education Ministers Meeting, which will be held in Lima in 2016.
Achieving high rates of economic growth is impossible without ensuring energy security in the APEC region and a fair long-term climate settlement. Russia supports the actions of the APEC Forum aimed at creating favorable conditions for investment in the regional energy transportation system, developing integrated energy markets, increasing the share of clean and renewable energy sources, and ensuring access to low-carbon technologies.
Coming soon, in December, the Paris Climate Change Conference will be attempting to reach a global agreement to reduce greenhouse gas emissions. We are interested in the success of such work and have already submitted a report on the national contribution to these efforts.
The scale and diversity of the challenges facing APEC is truly impressive. I am convinced that we will be able to successfully solve them, relying on the fundamental principles of partnership, acting for the benefit of our peoples, in the interests of advancing towards the formation of a single Asia-Pacific family.

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