Topic: APEC Summit in Vladivostok
Президент России Владимир Путин на втором пленарном заседании лидеров экономик АТЭС© RIA Novosti. Mikhail Klementiev
VLADIVOSTOK, September 9 (RIA Novosti)
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The 2012 APEC summit in Vladivostok has achieved all the goals set for it and the business community has received the necessary signal, Russian President Vladimir Putin said on Sunday.
“We believe that the tasks set by the summit in Vladivostok have been fully achieved," Putin said at the summit's concluding new conference. "We managed not only to preserve the continuity of APEC activities, but to set new horizons and most importantly give a positive signal to business circles.”
This is the first time Russia, an APEC member since 1998, has hosted the summit of the group, created in 1989 to promote economic cooperation in the Pacific Rim.
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Any response would likely boomerang on Russia – the partnership between Rosneft and ExxonMobil is a case in point. The United States has hit Russia with a third round of sanctions. This time the Americans went with a higher caliber weapon, targeting Russia’s biggest energy companies (Rosneft and Novatek) and banks (VEB and Gazprombank).