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VTB chairman moderates President Putin’s discussion with APEC business leaders

 
7 October 2013

VTB chairman moderates President Putin’s discussion with APEC business leaders © RIA Novosti, Mikhail Klimentiev

On 7 October President Vladimir Putin addressed Asia-Pacific business leaders during the APEC CEO summit in Bali, Indonesia.

The Russian President’s address, entitled “Taking another look at the Asia Pacific: Where are the new opportunities for growth?” was followed by a discussion moderated by VTB President and Chairman of the Management Board Andrey Kostin.

This year’s CEO Summit was titled Towards Resilience and Growth: Reshaping Priorities for Global Economy.

The event focused on joint initiatives to facilitate faster growth in the APEC economies. Participants discussed the key challenges facing the region and potential cooperation on measures designed to overcome economic issues.

The APEC Business Advisory Council met ahead of the CEO Summit. Russia is represented on the ABAC by VTB President and Chairman of the Management Board Andrey Kostin, Rusal CEO Oleg Deripaska and Russian Direct Investment Fund CEO Kirill Dmitriev.

 
 
 
 
Mr Kostin
«The discussion of issues raised in the Russian President’s address to business leaders showed that there is strong interest in Russia’s stance on the region’s problems. Participants agreed that, despite global challenges, APEC leaders and businesses share a vision for the region’s further development and are willing to cooperate on resolving its current problems. This is very important for VTB, as we have been working hard to expand in the Asia-Pacific region.»
Andrey Kostin

For reference:

The APEC CEO Summit is an annual conference for the region’s business leaders, convened in sync with the APEC leaders’ meetings. CEO summits are held in business forum format and are attended by the region’s largest companies; participants discuss strategic issues of economic cooperation. In 2012, the APEC CEO Summit was chaired by VTB President and Chairman of the Management Board Andrey Kostin. This year’s event takes place on Bali in Indonesia, which took over the APEC presidency from Russia.

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