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Putin to discuss top global economy issues during APEC summit — aide

November 19, 2016, 4:02 UTC+3 LIMA
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LIMA, November 19. /TASS/. The Russian delegation to the 2016 APEC summit in Peru’s capital Lima, led by Russian President Vladimir Putin, will focus on cooperation in energy, trade and transport, presidential aide Yuri Ushakov said.

‘Russia’s participation in the forum is aimed primarily at cooperation in trade, boosting food and energy security, expansion of transport infrastructure and diversification of trade routes," the official said.

Among other important issues are innovations, preparedness and response, as well as anti-corruption and anti-terrorism efforts.

"We, in fact, hold the leading positions in the counter-terrorism cooperation within the framework of APEC, and we intend to achieve goals related to cutting channels through which terrorism is financed," Ushakov said.

The summit’s main event will be split in two sessions. The Russian president plans to deliver speeches at both.

Three themes are up for discussion during the main meeting: "Challenges to Free Trade and Investment in the Current Global Context," "Food Security, Climate Change Adaptation and Access to Water," and "Integrating the Asia-Pacific Towards a Real and Functional Connectivity in the Region."

The leaders are expected to adopt a joint declaration reflecting a coordinated approach to further development within APEC and to the current regional and global economic situation.

APEC is an international forum bringing together 21 leading economies of the world for cooperation on trade and economic development of the region. Creating the system of free and open trade and a liberal investment regime in the Asia-Pacific region has been declared the main task for APEC until 2020.

APEC nations account for 57% of global GDP, for 48% of global trade, and 40% of the global population.

Russia has been a member of APEC since 1998.

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