APEC 2013
In 2013, Indonesia assumes the host and chairmanship of APEC. Indonesia will use this momentum to deliver a meaningful contribution to the regional economic integration process in Asia-Pacific, as it had in 1994, paramounted by the birth of the Bogor Goals.
APEC is currently at an intersection. On one hand, APEC should continue its role as the locomotive of the regional and global economic growth. On the other hand, APEC is also expected to improve the resilience of the regional economy in the current global economic slowdown, and to provide results that are more concrete to the public.
Under the “Resilient Asia-Pacific, Engine of Global Growth” theme, APEC 2013 seeks to ensure that the Asia-Pacific maintains robust economic growth and resilience, and able to swiftly recover from shocks and contagions from other regions. The economies of APEC can strive to make the Asia Pacific region as the engine of global economic growth. This theme is further translated into three priorities related to the attainment of the Bogor Goals, the achievement of sustainable growth with equity, and the promotion of connectivity.
Russian Academy of Business took part in sessions of APEC Business Advisory Council (ABAC) in Bali, Indonesia. The Academy as the National Secretariat of Russia for ABAC represented the regional business community in the forum.
The Academy leaders together with CEO of the VTB Bank Andrey Kostin, Head of Basic Element Group of companies Oleg Deripaska and CEO of the Russian Direct Investment Fund Kirill Dmitriev discussed the proposals on creation of favorable conditions for trade and investment in APEC. They offered their expert advices on the implementation of the policy documents of APEC.
