Russia: APEC summit ends with joint declaration on development

Sunday, September 09, 2012
 The second working session of APEC Leaders' Week
in Vladivostok
[PHOTO: Presidential Press and Information Office]  
Vladivostok, Russia: The second working session of Asia-Pacific Economic Cooperation (APEC) Leaders' Week took place in Vladivostok. The main issues on the agenda included food security and innovation development.

Food security is one of the most pressing challenges of our time against the backdrop of continuing financial and economic problems, Vladimir Putin said on opening the meeting.

Clearly, the prosperity and quality of life of people living in the Asia-Pacific region cannot be improved without a prompt and effective resolution of this important issue, the Russian President said.

Vladimir Putin held a news conference following the leaders’ session. The Russian President spoke about the forum’s results in 2012 and the declaration adopted at the summit.

The document reflects the collaborative approach to the development of cooperation within APEC in areas of priority for the Russian presidency. These include trade liberalisation, economic integration, food security, cooperation in innovation, development of transport and logistics. Themed appendices to the declarations emphasise the importance of innovation-based growth, energy security, and cross-border cooperation in higher education and combating corruption.
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