News / Asia

Russia Embraces Asia at Vladivostok Meeting

Russian President Vladimir Putin at the Asia-Pacific Economic Cooperation (APEC) summit in Vladivostok, Sept. 7, 2012.Russian President Vladimir Putin at the Asia-Pacific Economic Cooperation (APEC) summit in Vladivostok, Sept. 7, 2012.
x
Russian President Vladimir Putin at the Asia-Pacific Economic Cooperation (APEC) summit in Vladivostok, Sept. 7, 2012.
Russian President Vladimir Putin at the Asia-Pacific Economic Cooperation (APEC) summit in Vladivostok, Sept. 7, 2012.
James Brooke
VLADIVOSTOK, RUSSIA — Russia’s government has traveled seven times zones east of Moscow to court Asian investors at the annual Asia-Pacific Economic Cooperation summit.
 
Speaking to the regional gathering Friday, Russian President Vladmir Putin warmly praised Chinese President Hu Jintao as “a great leader and a personal friend.” Putin is to have two meetings this weekend with the Chinese leader, who gives the first address on Saturday morning.
 
RT, Russia’s state-run English-language channel, has been airing an interview with President Putin, during which he reviews centuries of relations between the two neighbors. “Presently, Russian-Chinese relations are at an unprecedented high level, and we have a lot of mutual trust in politics and economy,” he concludes.
 
The Russian leader will also have bilateral meetings with 15 visiting Pacific basin leaders.
 
He is to have a short meeting at a reception with Secretary of State Hillary Clinton, who is representing the United States. President Barack Obama is not attending the meeting because the American presidential race is now in its final 2-month stretch.

Watch related video by VOA's James Brooke
A critical partner
Putin is seeking to position Russia as a vital partner for Asia.
 
Noting Asia’s growing need for food, Putin said Russia plans to double its grain exports within 15 years. Russia now farms less land than during the Soviet era, he said, and Moscow is open to foreign investment in farming.
 
He offered Russia’s century old Trans-Siberian railroad as a land bridge between Asia and Europe, explaining that the railroad, which has its eastern terminus here in Vladivostok, is breaking Soviet-era records this year for hauling cargo.
 
Last month, Russian Railways chief Vladimir Yakunin asked the president Putin to spend $10 billion over the next three years to upgrade the country's eastern railroads.
 
Deals in the works
APEC meetings are sometimes seen as more about talking than action, but deals are springing up.
 
A Chinese company has signed a $600-million deal to buy 52 Russian transport helicopters and another company is negotiating a deal to buy 20 Russian seaplanes.
 
On Friday, a Chinese company signed a $200-million deal with the Russian Investment Fund for a Siberian logging and wood-processing venture.
 
Salavat Rezbaev, chairman of New Age Capital Partners, a group that brings Chinese investment into the Russian Far East, says he sees a new attitude in Russia about investment from China.
 
“Seven to 10 years ago, it would have been unimaginable to offer a serious level of Chinese investment in certain areas, in certain sectors,” he said. “Now we are not only witnessing it, we are doing it. We're getting support from the regulators, from the government.”
 
Japan also is investing in Russia’s Far East.
 
On Thursday in Vladivostok, Putin signed the door of a car that rolled off a new assembly plant built by Mazda, the Japanese carmaker, and Sollers, a Russian carmaker. Under this $350-million investment, the plant is to make up to 50,000 vehicles a year.
 
On Saturday, Japanese and Russian officials are expected to announce deals for a Siberian logging complex and a $13 billion liquefied natural gas factory and port to be built near Vladivostok.
 
After last year’s Fukushima disaster, Japan has closed most of its nuclear power plants and has begun looking to Russia for energy. After building a Siberian oil pipeline with a spur to China, Russia now is completing the line to a Russian port on the Sea of Japan — a two day sail from the island nation.
 
With close ties to China and billions of dollars coming from Japan, Russia is embarking on a new relationship with its Asian neighbors.

You May Like

Photogallery Early Nigeria Results Show Buhari Leading; Tampering Concerns Mount

One local group monitoring polls is concerned politicians might use security agencies to 'fiddle with the election collation process' at state level More

UN: 7,300 Civilians Killed in Boko Haram Insurgency

A senior UN humanitarian official tells the United Nations Security Council 1,000 people have been killed this year More

Turkish President Warns Iran About Trying to Dominate Middle East

Warning comes amid growing concerns inside Turkey that it will be sucked into a sectarian conflict with its neighbor More

This forum has been closed.
Comment Sorting
Comments
     
by: Worry from: U.S.
September 07, 2012 3:47 PM
Russia will definitely be the junior partner in that relationship.
In Response

by: A.T.
October 01, 2012 7:24 AM
Not necessarily. However, both Russia and US have to learn to be juniors or equals sometimes, as long as it's good for the country and its people. You can't be at the top for ever. Isolationism will only help you slide further down.

Greeting from Russia.

Featured Videos

Your JavaScript is turned off or you have an old version of Adobe's Flash Player. Get the latest Flash player.
Film Tells Story of Musicians in Mali Threatened by Jihadistsi
X
Greg Flakus
March 30, 2015 6:48 PM
At this year's annual South by Southwest film and music festival in Austin, Texas, some musicians from Mali were on hand to promote a film about how their lives were upturned by jihadists who destroyed ancient treasures in the city of Timbuktu and prohibited anyone from playing music under threat of death. As VOA’s Greg Flakus reports from Austin, some are afraid to return to their hometowns even though the jihadists are no longer in control there.
Video

Video Film Tells Story of Musicians in Mali Threatened by Jihadists

At this year's annual South by Southwest film and music festival in Austin, Texas, some musicians from Mali were on hand to promote a film about how their lives were upturned by jihadists who destroyed ancient treasures in the city of Timbuktu and prohibited anyone from playing music under threat of death. As VOA’s Greg Flakus reports from Austin, some are afraid to return to their hometowns even though the jihadists are no longer in control there.
Video

Video With Coalition Airstrikes, Iraq Entering 'Last Page' of IS Battle

American warplanes joined Iraq's battle against the so-called 'Islamic State' in northern Iraq late Wednesday, as Iraqi ground troops launched a massive assault on Tikrit. Analysts say the offensive could take the coalition a step further towards Mosul, the largest city held by Islamic State forces. Others say it could also deepen already-dangerous sectarian tensions in the region. VOA's Heather Murdock has more from Cairo.
Video

Video Philippines Wants Tourists Spending Money at New Casinos

Tourism is a multi-billion dollar industry in the Philippines. Close to five million foreign visitors traveled there last year, perhaps lured by the country’s tropical beaches. But Jason Strother reports from Manila that the country hopes to entice more travelers to stay indoors and spend money inside new casinos.
Video

Video Civilian Casualties Push Men to Join Rebels in Ukraine

The continued fighting in eastern Ukraine and the shelling of civilian neighborhoods seem to be pushing more men to join the separatist fighters. Many of the new recruits are residents of Ukraine made bitter by new grievances, as well as old. VOA's Patrick Wells reports.
Video

Video Islamic State Prisoners Talk of Curiosity, God, Regret

Islamic State fighter, a prisoner of Kurdish YPG forces, asked his family asking for forgiveness: "I destroyed myself and I destroyed them along with me." The Syrian youth was one of two detainees who spoke to VOA’s Kurdish Service about the path they chose; their names have been changed and identifying details obscured. VOA's Zana Omer reports.
Video

Video Germanwings Findings Raise Issue of Psychological Testing for Pilots

More is being discovered about the co-pilot in the crash of Germanwings Flight 9525 in the French Alps. Investigators say he was hiding a medical condition, raising questions about the mental qualifications of pilots. VOA's Carolyn Presutti reports.
Video

Video Hi-tech Motorbike Helmet's Goal: Improve Road Safety

In cities with heavily congested traffic, people can get around much faster on a motorcycle than in a car. But a rider who is not sure of his route may have to stop to look at the map or consult a GPS. A Russian start-up company is working to make navigation easier for motorcyclists. Designers at Moscow-based LiveMap are developing a smart helmet with a built-in navigation system, head-mounted display and voice recognition. Zlatica Hoke has more.
Video

Video DOJ: Illinois National Guard Soldier Tried to Join ISIS

U.S. federal law enforcement agents arrested two suburban Chicago men accused of trying to join ISIS overseas, while also plotting attacks in the United States. As VOA’s Kane Farabaugh reports from the Midwest state of Illinois, one of those arrested is a soldier of the Illinois National Guard.
Video

Video New Wheelchair Is Easier to Use, Increases Mobility

Traditional push-rim wheelchairs create a lot of stress for arm, shoulder and neck muscles and joints. A redesigned chair, based on readily available bicycle technology, radically increases mobility while reducing the physical effort. VOA’s George Putic reports.
Video

Video Liberia's Almost Last Ebola Patient Grateful but Still Grieving

Beatrice Yardolo was to make history as Liberia’s last Ebola patient. Liberians recently started counting down 42 days, the period that has to go by without a single new infection until the World Health Organization can declare a country Ebola-free. That countdown stopped on March 20 when there was another new case of Ebola, making Yardolo’s story a reminder that Ebola is far from over. Benno Muchler reports from Monrovia.
Video

Video Cambodian Land Grabs Threaten Traditional Communities

Indigenous communities in Cambodia's Ratanakiri province say the government’s economic land concession policy is taking away their land and traditional way of life, making many fear that their identity will soon be lost. Local authorities, though, have denied this is the case. VOA's Say Mony went to investigate and filed this report, narrated by Colin Lovett.
Video

Video Space Program Status Disappoints 'Last Man on the Moon'

One of the films that drew big crowds last week at the annual South by Southwest festival in Austin, Texas, tells the story of the last human being to stand on the moon, U.S. astronaut Eugene Cernan. It has been 42 years since Cernan returned from the moon and he laments that no one else has gone there since. VOA’s Greg Flakus reports.

VOA Blogs

Circumventing Censorship

An Internet Primer for Healthy Web Habits

As surveillance and censoring technologies advance, so, too, do new tools for your computer or mobile device that help protect your privacy and break through Internet censorship.
More