Cooperation inside the APEC (Asia-Pacific Financial Cooperation) framework is creating regardless of the challenges related to the worldwide Covid-19 pandemic, based on Russian President Vladimir Putin.
Putin who was on Friday addressing the first-ever digital summit of the 21 main APEC economies, stated “It will be important that regardless of the difficulties as a result of unfold of coronavirus an infection, interplay in APEC has been steadily creating.”
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Established in 1989, APEC contains 21 economies of the Asia-Pacific area. These are Australia, Brunei, Vietnam, Hong Kong, Indonesia, Canada, China, Republic of Korea, Malaysia, Mexico, New Zealand, Papua New Guinea, Peru, Russia, Singapore, USA, Thailand, Taiwan, Philippines, Chile, and Japan. It accounts for about 60 p.c of the world GDP, in addition to for 48 p.c of worldwide commerce turnover.
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