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A. Ulyukaev: we have prepared a roadmap for the development of trade and investment in the Asia-Pacific region

The participants in the Asia-Pacific Economic Cooperation (APEC) Forum prepared a roadmap for trade and investment development in the Asia-Pacific region (APR). This was stated today by the Minister of Economic Development of Russia Alexei Ulyukayev.

“I think the discussion was fruitful. We focused on the best conditions for integration into the APR. We see the potential for further development of trade and investment. We have prepared a roadmap for the development of trade and investment in the APR. We believe that all participants will benefit from this process ", - quoted by" ITAR-TASS "Alexey Ulyukaev.

In his turn, Minister of Commerce of the People's Republic of China Gao Hucheng informed that the countries participating in the APEC forum agreed on the implementation of the Bali package of agreements by the end of 2014.

"We finished the meeting, following which we exchanged ideas and proposals for the development of multilateral trade, the fight against protectionism. A statement was adopted in support of the multilateral trading system," he said.

The APEC Forum was formed in November 1989 of the year as a tool for a peaceful and non-conflict solution to the economic, social, environmental and other problems of the Asia-Pacific region (APR). All activities of this association are based on consensus. APEC includes Russia, Australia, Canada, China, Malaysia, the United States, the Philippines, South Korea, Japan and a number of other countries.

The current meeting of the heads of economic departments of the APEC countries is being held in Qingdao, China, from May 17 to 18 under the motto "Building joint partnerships in the Asia-Pacific region."

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