Irkutsk
Ulan-Ude

Blagoveshchensk
Chita
Yakutsk

Birobidzhan
Vladivostok
Khabarovsk

Magadan
Yuzhno-Sakhalinsk

Anadyr
Petropavlovsk-
Kamchatsky
Moscow

This text is translated into Russian by google automatic human level neural machine.
EastRussia is not responsible for any mistakes in the translated text. Sorry for the inconvinience.
Please refer to the text in Russian as a source.

Putin warned against the consequences of the division of the APR into competing blocs

Russian President Vladimir Putin, speaking at the first working meeting of APEC leaders dedicated to regional economic integration, warned against the division of the Asia-Pacific region (APR) into separate, competing associations.

"In the APR, there are a large number of trade agreements that differ both in the depth of liberalization and in the number of participants. This creates a potential danger of dividing the common region into separate competing associations," Putin said, quoted by RIA News.

On the contrary, he believes, it is necessary to act on the basis of the principles of transparency and openness, as well as with mutual consideration of the interests and opportunities of the parties.

“We also proceed from the fact that any new agreements should not harm the multilateral trading system of the WTO,” the Russian head of state said.

In this regard, he highly appreciated the "road map" prepared by the Chinese chairmanship to promote progress towards the Asia-Pacific free trade zone, which, following the summit, is planned to be approved as an appendix to the final declaration of the APEC leaders.

"The measures provided for in it will help harmonize the integration initiatives being implemented in the APEC space," Putin said.

September 18: current information on coronavirus in the Far East
Digest of regional events and latest statistics