Vladivostok, Russia - With the yearly Asia-Pacific Economic Cooperation (APEC) Economic Leaders' Meeting to commence this afternoon, His Majesty the Sultan and Yang Di-Pertuan of Brunei Darussalam is currently in the Russian Federation to join another 20 leaders as they deliberate on issues that are of financial concern.
The day will begin with the leaders' meeting followed with a dialogue with the APEC Business Advisory Council (ABAC) and more meetings on Sunday where leaders are scheduled to touch upon four areas that have been highlighted by APEC 2012 chair Russia, whose officials have noted that trade and investment liberalisation, regional economic integration, strengthening food security and establishing reliable supply chains as well as cooperation to foster innovative growth are key issues that are in need of address to ensure that the region, among other objectives, can stand strong enough to ride the economic wave that has been forecasted to be slow in bouncing back and subsequently pull affected members out of crisis.
Recommendations made by ABAC will be considered during the meeting with regards to future work in specified priority areas and the conclusion of the deliberations will result in the adoption of the final declaration, Nvhich will summarise the results of APEC's work in 2012 an outline of prospects for the region's future development
Themed 'Integrate to Grow, Innovate to Prosper', the results of this year's meeting are scheduled to be revealed by Russian President Vladimir Putin at 3pm Vladivostok time during a press conference on Sunday
Meanwhile, His Majesty's arrival was greeted by Yuri Analtolyevich Filatov, Director of Ministry of Foreign Affairs State Protocol Department. Aleksandr Ivanovich Kostenko, First Vice Governor of Primosky Region, and Yekaterina Aleksandrovna Khirnich. First Deputy Head of the Administration of the City of Vladivostok.
Present as well was Awg Haji Haini bin Haji Hashim, the Ambassador of Brunei Darussalam to the Russian Federation, whilst greeting His Majesty at the place of residence in Vladivostok was Surov Sergey, General Director of Building 2.--Courtesy of Borneo Bulletin