The APEC summit is now under way in Beijing, China. It brings together 21 nations in a bid to join forces against global challenges. The main focus of the summit will be on the creation of a new Asia-Pacific partnership.
At the APEC Summit, Russian President Vladimir Putin warned against potential divisions among the Asia-Pacific region’s countries into separate groups which compete with each other.
There were no “harsh words” between Vladimir Putin and Tony Abbott during the Asia-Pacific Economic Cooperation summit in Beijing, Russian presidential spokesman Dmitry Peskov said Tuesday.
Vladimir Putin and Barack Obama spoke several times during the Asia Pacific Economic Cooperation summit in China; the two leaders discussed their countries' bilateral relations as well as the situation in Syria, Ukraine and Iran.
Some experts say the meeting between US and Chinese leaders during the APEC summit will have no major significance because Beijing might view Obama as an outgoing president with no real initiative.
Russian President Putin and US President Obama expect that they will have an opportunity or a brief conversation on the sidelines of the APEC summit, Kremlin spokesman said.
Russian President Putin and Malaysian Prime Minister Razak agreed that the ceasefire in Ukraine's southeast must be upheld by both parties of the conflict.
APEC was created in 1989, when foreign and economic ministers of 12 Asia-Pacific economies assembled for the first time in Canberra, Australia.
VTB, Russia's second largest bank, may leave the London stock exchange and instead list on Chinese market exchange.
Russian President Putin said that an industrial development fund for business financing would be created in Russia in 2015.
According to the Russian president, possibilities to increase the use of the Russian and Chinese currencies in bilateral trade may decrease the influence of the dollar in the global energy.
Russia will be ready to expand possibilities for trade in energy resources in rublea and Chinese yuans, Russian President Vladimir Putin said at the APEC summit in Beijing.
Russia has enough reserves to meet state budget goals regardless of global political and economic trends, Vladimir Putin said. Russia will not increase its state deficit.
Russian President Vladimir Putin will meet his Malaysian and Indonesian counterparts, the Australian Prime Minister and the head of the IMF on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit in Beijing.
A two-day meeting of APEC economies' leaders starts at Yanqi Lake, 50 km north east of Beijing, aimed to discuss such global issues as economic integration, improving the regional infrastructure and promoting innovative development.
In his speech, Clinton provided "historical context" for the upcoming meeting and spoke on its role in creating "a more inclusive, more secure, more sustainable world for generations to come."
Russian President Putin and Japanese Prime Minister Abe also discussed a peace agreement and the crisis in Ukraine.
Caitlin Workman, spokesperson for Canada's Ministry of Foreign Affairs claimed that Canada to continue cooperating with APEC members on terrorism, stressing that that terrorism is a long-term global challenge and requires coordinated international efforts.