APEC: towards an open, equitable cooperation for development

On the eve of the summit of the Asia-Pacific economic cooperation in the leading mass media of the APEC member economies published an article by President of Russia Vladimir Putin on the summit agenda and General cooperation in the Asia-Pacific region:

18-19 November in Manila will host the next meeting of the leaders of the participating countries of the APEC forum. It will be held under the chairmanship of the proposed Philippine motto is “improving the world through inclusive development”.

For a long time driving force of economic growth in the Asia Pacific region and other regions of the world was trade. However, as the decreased effect of tariff liberalization, it became apparent that additional agreements covering services, investment, non-tariff barriers, competition policy and subsidies. Of course, without difficult negotiations, of mutual compromise to achieve this impossible.

One of the possible ways out of the situation is the deepening of regional economic integration. Today Russia, together with Armenia, Belarus, Kazakhstan, and Kyrgyzstan – has been successfully developing the Eurasian economic Union (EEU). Our integration project is initially focused on cooperation with other countries and their associations. In may this year signed an agreement on free trade zone between the EEU and Vietnam. The possibility of signing similar agreements consider another 40 countries.

An example of the transparent partnership is the agreement on the EEU pairing with the Chinese initiative “Economic zone silk road”. The implementation of this project will allow “to embroider” a number of bottlenecks in transport infrastructure, regulation of cross-border movement of goods and services; will give an impetus to the integration of APEC economies.

Expect to reach mutually beneficial agreements in the field of traditional and renewable energy, emergency response, food security and agriculture in the summit Russia – ASEAN which will be held next year in Sochi.

The creation of new zones of free trade generally promotes the formation of favorable conditions for the liberalization of trade and investment flows in the Asia Pacific region. However, the confidential nature of the negotiations to create the TRANS-Pacific partnership (CCI) is unlikely to help sustainable development in the Asia-Pacific region.

We are confident that the strategic path lies not only in increasing the number of free trade zones, but also in the collaborative development and implementation of the best practices of liberalization in all the APEC members with regard to the positions and interests of each other. In this regard, should continue to enhance APEC’s role as coordinator of the various integration initiatives on the formation of the region in General, open and non-discriminatory market-free block barriers. Of particular importance in this is the effective implementation of the “Road map promoting the creation of an Asia-Pacific free trade zone”, endorsed in Beijing in 2014.

To realize the potential of development of the APEC countries is not sufficient to agree only about the rules of the game in today’s trade flows. It is necessary to develop joint approaches to the establishment and management of the emerging markets new economy based on digital technologies. To shape the institutions and rules that provide additional opportunities for the entrepreneurs of our countries to create a modern, advanced products and quality jobs.

For its part, Russia is actively involved in new financial institutions in the region – BRICS Bank and the Asian Bank of infrastructure investments. I’m sure their work will not only contribute to development in the Asia-Pacific region, but will also contribute to strengthening the resilience of the global financial system.

At the national level consistently engaged in creating the most comfortable business climate. These efforts received international estimates that over the last 4 years in the world Bank Doing Business ranking, Russia went up by 69 positions, with
120th to 51st place.

Special attention is paid to the development potential of the Russian Far East. This year began to establish a so-called territories of priority socio-economic development of economic areas with an unprecedented set of tax and other preferences. In relation to the port of Vladivostok adopted a special law on the free port. Plan to extend this mode to other key harbour in the Far East. Far Eastern ports, the Northern sea route, modernization of our rail lines should become a factor in the growth of interconnectivity in the Asia Pacific region, with important infrastructure link between the Asia-Pacific region and Europe.

Serious interest in APEC is also shown to the Russian proposals on the creation of a common educational space in the region. Today, when the Asia-Pacific region gaining ground in a number of leading global technology centres, more and more urgent to unite efforts for creation of major research platforms and centres. Note that the proactive role of Russia in this sphere received recognition partners, and our country, together with Peru, has entrusted the right to preside at the Meeting of Ministers of education of APEC, to be held in Lima in 2016.

The achievement of high economic growth is impossible without energy security in the APEC region and equitable long-term climate settlement. Russia supports the actions of the APEC Forum, aimed at creating an enabling environment for investment in regional transport system energy resources, development of integrated energy markets, increase the share of clean and renewable energy sources, providing access to low-carbon technologies.

Very soon, in December, will host the Paris conference on climate change, which will attempt to reach a global agreement on reducing greenhouse gas emissions. We are interested in the success of this work and has submitted the report on national contribution to this effort.

The scale and diversity of challenges facing APEC, is truly impressive. I am convinced that we will be able to decide, based on fundamental principles of partnership, working for the benefit of our peoples and in the interests of advancing towards a common Asia-Pacific family.