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Russia takes over APEC presidency from US in 2012

“Moscow values highly the results of the US presidency in the APEC in 2011,” Russian presidential adviser Sergei Prikhodko said earlier

HONOLULU (Hawaii), November 14 (Itar-Tass) —— Russia took over the presidency in the Asia-Pacific Economic Cooperation (APEC) forum from the United States in the next year. An APEC summit will be held in Vladivostok on September 8-9, 2012. The 19th APEC summit in Honolulu has taken the decision to this effect.

Meanwhile, Russia’s bid for presidency was approved back at the APEC summit in Sydney in 2007. Therefore, a separate clause in the final declaration of the current APEC summit that Russia will host an APEC summit next year is actually a formal confirmation.

Russia assumed the APEC presidency from the US. “Moscow values highly the results of the US presidency in the APEC in 2011,” Russian presidential adviser Sergei Prikhodko said earlier.

Meanwhile, Russia and the US have been taking major efforts in the last few months and have had the consultations in bilateral and trilateral format with Indonesia attracted as the country to host an APEC summit in 2013.

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