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RUSSIA SHOULD TAKE ADVANTAGE OF ASIA-PACIFIC PROXIMITY -- MEDVEDEV
Economy
January 14, 16:27 UTC+3
"It is in no way connected with sanctions, it is simply advantageous
and useful for us," Prime Minister Dmitry Medvedev said
Russian Prime Minister Dmitry Medvedev
(c) Valery Sharifulin/TASS
(c) ITAR-TASS/Yuri Mashkov
Russia stands for creating new security architecture in Asia-Pacific --
Defense Ministry
MOSCOW, January 14. /TASS/. Russia should benefit from its geographical
proximity to the Asia-Pacific region, Prime Minister Dmitry Medvedev
said on Wednesday.
"As part of the Asia-Pacific, Russia should exploit the advantages
offered by this technology and innovation center," Medvedev told the
Gaidar Economic Forum in Moscow. "It is in no way connected with
sanctions. It is simply advantageous and useful for us," he said,
noting that Asia-Pacific economies accounted for about a quarter of
Russian foreign trade and for more than half of global GDP.
Particular attention would still be paid to cooperation with neighbors,
the prime minister said, recalling that the Eurasian Economic Union,
comprising Russia, Belarus and Kazakhstan, became operational in
January this year. He also recalled that Armenia had recently joined
an initially three-member-state Moscow-led Customs Union, and a treaty
on Kyrgyzstan's accession to the alliance would come into force in
the coming months.
"This confirms that our association is generally attractive and it is
developing in the best interests of all its participants," Medvedev
told the forum.
The prime minister noted that this year Russia was due to host a
summit of the BRICS developing-nation assembly of Brazil, Russia,
India, China and South Africa, and a summit of the Shanghai Cooperation
Organization (SCO), a security grouping comprising Russia, China and
the Central Asian former Soviet republics of Kazakhstan, Kyrgyzstan,
Tajikistan and Uzbekistan.
(c) Dmitry Astakhov/TASS
Eurasian Economic Union eyes free trade zone with Asia-Pacific
countries -- Medvedev
Medvedev said it was necessary, therefore, not only to establish
political interaction but also to work on new financial institutions,
such as a development bank and a pool of BRICS currency reserves. SCO
member states were also developing financing mechanisms to fast-track
promising projects, he added.
"All these multifaceted instruments of joint lending help to implement
new economic projects," Medvedev said, stressing that Russia would
also continue working on agendas of other international organisations
and forums, including the G20 summit.
"Some important macroeconomic and financial initiatives were presented
in Brisbane last year," the prime minister said. "We have started
discussing many of them during Russia's (G20) presidency. We will
continue this work," he added.
Economy
January 14, 16:27 UTC+3
"It is in no way connected with sanctions, it is simply advantageous
and useful for us," Prime Minister Dmitry Medvedev said
Russian Prime Minister Dmitry Medvedev
(c) Valery Sharifulin/TASS
(c) ITAR-TASS/Yuri Mashkov
Russia stands for creating new security architecture in Asia-Pacific --
Defense Ministry
MOSCOW, January 14. /TASS/. Russia should benefit from its geographical
proximity to the Asia-Pacific region, Prime Minister Dmitry Medvedev
said on Wednesday.
"As part of the Asia-Pacific, Russia should exploit the advantages
offered by this technology and innovation center," Medvedev told the
Gaidar Economic Forum in Moscow. "It is in no way connected with
sanctions. It is simply advantageous and useful for us," he said,
noting that Asia-Pacific economies accounted for about a quarter of
Russian foreign trade and for more than half of global GDP.
Particular attention would still be paid to cooperation with neighbors,
the prime minister said, recalling that the Eurasian Economic Union,
comprising Russia, Belarus and Kazakhstan, became operational in
January this year. He also recalled that Armenia had recently joined
an initially three-member-state Moscow-led Customs Union, and a treaty
on Kyrgyzstan's accession to the alliance would come into force in
the coming months.
"This confirms that our association is generally attractive and it is
developing in the best interests of all its participants," Medvedev
told the forum.
The prime minister noted that this year Russia was due to host a
summit of the BRICS developing-nation assembly of Brazil, Russia,
India, China and South Africa, and a summit of the Shanghai Cooperation
Organization (SCO), a security grouping comprising Russia, China and
the Central Asian former Soviet republics of Kazakhstan, Kyrgyzstan,
Tajikistan and Uzbekistan.
(c) Dmitry Astakhov/TASS
Eurasian Economic Union eyes free trade zone with Asia-Pacific
countries -- Medvedev
Medvedev said it was necessary, therefore, not only to establish
political interaction but also to work on new financial institutions,
such as a development bank and a pool of BRICS currency reserves. SCO
member states were also developing financing mechanisms to fast-track
promising projects, he added.
"All these multifaceted instruments of joint lending help to implement
new economic projects," Medvedev said, stressing that Russia would
also continue working on agendas of other international organisations
and forums, including the G20 summit.
"Some important macroeconomic and financial initiatives were presented
in Brisbane last year," the prime minister said. "We have started
discussing many of them during Russia's (G20) presidency. We will
continue this work," he added.