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Russia:Medvedev and Obama to meet in Honolulu

Thursday, November 10, 2011

Laaska News  Nov. 10,2011

Anna Forostenko

Arkady Dvorkovich. Photo: RIA Novosti    

Russia’s President Dmitry Medvedev will hold talks with his US counterpart Barack Obama on the sidelines of the annual Asia-Pacific Economic Cooperation summit scheduled to kick off on the 11th of November in Honolulu. Bilateral cooperation, the situation in the Middle East and North Africa and the issues related to missile defense will top the agenda.

According to the President’s aide Arkady Dvorkovich, there has been considerable progress in all these areas since the last meeting between the leaders. For instance, Russia has made substantial progress towards joining the World Trade organization removing the final stumbling block by the recent deal with Georgia. However, Mr. Dvorkovich said that there was no need to put the cart before the horse – even after the final decision at the ministerial meeting in December the document should be ratified in Russia and in many other nations, the US including.

Arkady Dvorkovich also stressed that the Russian President will have a tight schedule at the APEC summit:

“A number of issues will be discussed at the summit. First, attempts to pull together regulation systems in all the APEC nations to make trade and investments more transparent. Another session will be devoted to energy security and energy efficiency to ensure the access of environmental goods to the APEC markets.”

Arkady Dvorkovich stressed that Russia will be analyzing the US proposal to cut tariffs on these goods to understand whether these measures will hurt some branches of the Russian industry or not:

“We are still discussing this issue. In any case, we would take the decision with due regard for the Russian interests. Russia supports extremely high ecological standards and seeks ways to beef up its economy.”

Investments, food products security, and communications in the region will be discussed at informal meetings of the leaders:

“Informal dinners are planned for the 11th of November. They will be held at some of Honolulu’s private residences. Every leader of the APEC country will have a chance to meet several heads of foreign companies.”

As Russia is hosting the next APEC forum, it attaches top priority to the issues which will be high on the agenda. These will include energy security and energy efficiency, communications and logistics and food security. Lists of environmental technologies and goods will be also drawn up by Russia.

Earlier this April, Russian President Dmitry Medvedev said that modernization will become the key issue of Russia’s 2012 presidency of the APEC forum.


Laaska News.