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Tuesday, September 25, 2012

Far East Rising ─ APEC 2 to 21

People's Republic of China
Russian Federation
Pulling away, beyond consuming occupier

Launched in 1989 with twelve member states economies, today's twenty-one member Asia-Pacific Economic Cooperation or APEC is described as “the premier Asia-Pacific economic forum [whose] primary goal is to support sustainable economic growth and prosperity in the Asia-Pacific region.” 

Excerpting, editing, re-reporting by 
Carolyn Bennett

After this year’s meeting Pravda Ru spoke with Yevgeny Fyodorov, a State Duma deputy and head of the Committee on Economic Policy and Entrepreneurship of the Russian State Duma.  Fyodorov came away from the 2012 APEC summit in Vladivostok with the view of a displaced USA and APEC’s China-Russia rising.

Yevgeny Fyodorov said, “With the onset of the global economic crisis, with political and economic turbulence, the APEC is a key event in terms of the demonstration of new vectors of unity in the international community outside the United States.”

It is “the key event in today’s global scenario.”


International community unity vs. world consumer nation

APEC, Fyodorov said, is “the key and turning meeting of the leaders of world’s largest economies, creating conditions to reformat the entire economic system of the world ─ moving away from the United States, a consumer nation.

The United States consumes a half the world’s GDP despite the fact that only 4.5 percent of the world population live in the United States.
 
In other words, the U.S. 4.5 percent eat ten times as much compared to the citizens of all other countries.

They eat at the expense of China, Russia, India, Brazil, and all other countries.

According to Fyodorov, the APEC 2012 forum at Vladivostok showed the United States’s gradual loss of absolute power in the world economy and politics and, against that backdrop, the steadily rising power and influence of other countries such as Russia and China.


Pulling away from USA

“Everyone still plays by American rules,” Fyodorov said, “but the countries already demonstrate their independence in economic policy.”

Examples he gave were the U.S. Secretary of State Hillary Rodham Clinton’s China visit when “several Chinese leaders ─ especially those who are to become top officials of China next year ─ did not want to meet her.” China answered “no when Clinton wanted to take on mediator functions in resolving China’s territorial disputes with Asian countries.” China also answered “no in response to Clinton’s requirement (the United States’ annual requirement of China, for political reasons) to set the Yuan rate.…  

“Nowadays,” Fyodorov said, “the U.S. is refusedThe world is changing.”


Withdrawn allegiance to mighty dollar

Russian President Vladimir Putin has proposed “building a large number of regional currencies as an alternative to the reserve system of the dollar.” He has proposed initiatives to switch to mutual payments, moves already taken by Russia and China.

“… The world begins to change fundamentally, and Russia’s role at this point is to become the leader in changing the world, Fyodorov said.
 

Beyond occupation

Russia becomes a leader of “… and provider of ideas for the world national liberation movement against the system of occupation,” he said.

“Today, the world begins to unite against the colonizer, the United States of America. Though in conceptual and preparatory stages, “it takes place.”

Preliminary results of the APEC meeting in the Far East reveal “future members of the world national liberation movement, [a movement] to free the world from the U.S. occupation.”


R
eporting on the Asia-Pacific Economic Cooperation (APEC) 2012 Summit in Vladivostok, Russia, the Malaysian National News called it a celebration of a dynamic regional grouping having an increasingly significant role in sustaining global economic growth.

The twenty-one leaders of the APEC economies at the summit reportedly signed many agreements and endorsed many proposals for action. On the sidelines of the APEC Leaders’ Week (September 2-9), a number of bilateral trade deals, business-to-business deals and joint venture plans worth billions of dollars were also signed “to further increase the prosperity of member economies.”

Today the prosperity of APEC, the report said, accounts “for 54 percent of world’s real Gross Domestic Product and 44 percent of world trade [and] is expected ‘to do what it can to support the recovery of the global economy.’”  Malaysia is expected to host the APEC summit in 2020.




Sources and notes

“Russia to liberate the world from U.S. occupation” (Elizaveta Lavrentieva, Pravda.Ru contributing editor), September 21, 2012,
http://english.pravda.ru/russia/politics/21-09-2012/122236-russia_apec-0/

“APEC Economies Offer Strength for Sustaining Global Growth” (Shanti Ayadurai,  
KUALA LUMPUR, Malaysian National News Agency, BERNAMA), September 23, 2012, http://www.bernama.com/bernama/v6/newsindex.php?id=696630#top


APEC Mission Statement

“APEC is the premier Asia-Pacific economic forum [whose] primary goal is to support sustainable economic growth and prosperity in the Asia-Pacific region.”

APEC champions “free and open trade and investment, promoting and accelerating regional economic integration, encouraging economic and technical cooperation, enhancing human security, and facilitating a favorable and sustainable business environment.” http://www.apec.org/About-Us/About-APEC/Mission-Statement.aspx

APEC History

The idea of APEC was publicly broached in January 1989 by former Australian Prime Minister Bob Hawke during a speech in Seoul, Korea. Later that year, twelve Asia-Pacific economies met in Canberra, Australia, to establish APEC. The founding members were: Australia, Brunei Darussalam, Canada, Indonesia, Japan, Korea, Malaysia, New Zealand, the Philippines, Singapore, Thailand and the United States.

In 1991, China, Hong Kong, China and Chinese Taipei joined. In 1993, Mexico and Papua New Guinea; in 1994, Chile and in 1998, Peru, Russia and Viet Nam joined taking the full membership to twenty-one.  http://www.apec.org/About-Us/About-APEC/History.aspx

APEC Member Economies

APEC has 21 members. The word ‘economies’ is used to describe APEC members because the APEC cooperative process is predominantly concerned with trade and economic issues, with members engaging with one another as economic entities.

APEC Members and Date of Joining

Australia: 6-7 Nov 1989
Brunei Darussalam: 6-7 Nov 1989
Canada            : 6-7 Nov 1989
Chile: 11-12 Nov 1994
People’s Republic of China: 12-14 Nov 1991
Hong Kong, China: 12-14 Nov 1991
Indonesia: 6-7 Nov 1989
Japan: 6-7 Nov 1989
Republic of Korea: 6-7 Nov 1989
Malaysia: 6-7 Nov 1989
Mexico: 17-19 Nov 1993
New Zealand: 6-7 Nov 1989
Papua New Guinea: 17-19 Nov 1993
Peru: 14-15 Nov 1998
The Philippines: 6-7 Nov 1989
Russia: 14-15 Nov 1998
Singapore: 6-7 Nov 1989
Chinese Taipei: 12-14 Nov 1991
Thailand:  6-7 Nov 1989
The United States: 6-7 Nov 1989
Viet Nam: 14-15 Nov 1998
http://www.apec.org/About-Us/About-APEC/Member-Economies.aspx

http://www.apec.org/


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