SPIEF 2015: Asia-Pacific region cooperation perspectives

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The global economic development map is changing literally before our eyes – said President of Russia H.E. Vladimir Putin, when speaking at the SPIEF-2015 19 June 2015. Asia-Pacific Region nations such as China, Japan, South Korea and ASEAN nations already account for one quarter of the global economy. Over the next decade, it is these markets that will become the primary source of growth in global demand for goods and services.

I want to repeat again that we strive to cooperate with everyone – everyone who is ready to work on the basis of equality and mutual respect, and wants to implement mutually beneficial projects. I am confident that the trade and economic partnership with Latin American nations and BRICS states also holds enormous potential. The BRICS summit coming up in early July in Russia will certainly contribute to broadening our business contacts.

I want to stress that active cooperation with the new centres of global growth does not in any way mean that we intend to give less attention to the dialogue with our traditional western partners. I am confident that this cooperation will certainly continue.

Strengthening partnership with APR states is a highly important element of our work to develop Russia’s Far East. We are creating the most free and comfortable conditions possible for placing capital and launching production.

Source: http://kremlin.ru