Lavrov, Kerry discuss settlement in Syria at conference in RomeWorld December 03, 1:36
Kiev halves water supplies to LPR from another pumping station — LPR negotiatorWorld December 03, 0:50
Civilian wounded by Ukrainian sniper near Gorlovka — agencyWorld December 03, 0:31
Reconciliation agreements signed with 6 Syrian settlements — Russian Defense MinistryWorld December 02, 23:50
Russia doesn't understand why Kiev still continues operation in Donbass — LavrovRussian Politics & Diplomacy December 02, 22:59
Russian field engineers take off for Syria to take part in Aleppo demining operationMilitary & Defense December 02, 21:24
Putin praises Hermitage Museum for its efforts in restoring PalmyraSociety & Culture December 02, 21:03
Lavrov says 'Crimea is not a problem, it is a part of Russia'Russian Politics & Diplomacy December 02, 20:42
Russian top diplomat says Syria cannot repeat Libya’s fateRussian Politics & Diplomacy December 02, 19:53
HONOLULU, November 11 (Itar-Tass) —— During its 2012 presidency in APEC Russia will offer for discussion four major financial issues, according to the head of the international relations department of the finance ministry, Andrei Bokarev.
They include enhanced financial literacy of the population, improved financial education, development of treasury systems of APEC countries and their long-term financial stability, and financial aspects in overcoming the aftermath of natural calamities and emergency situations. The latter issue was prompted by the latest cataclysms in Japan and Thailand, Bokarev told reporters on Thursday.
He said the first issue continues the discussion held under the current U.S. presidency in APEC. However Washington speaks about access to financial services for the most vulnerable groups of the population. “It is true and correct, but in Russia we believe it is first necessary to educate people how to use such services and explain related risks and obligations,” Bokarev said.
Another issue taken over from American presidency is the financing of infrastructure and the development of state-private partnership. “APEC countries acknowledge the achieved success is modest in the sphere,” he said. To remedy the situation it is proposed to create a “special mechanism under the aegis of the World Bank.”
Bokarev admitted the infrastructure issue is of significance for Russia as it so far lags behind APEC partners in the quality of infrastructure in logistics and transportation spheres.