On November 19-20, the Peruvian capital of Lima hosted APEC's economic leaders' summit. Russian President Vladimir Putin held several bilateral meetings with his counterparts from Japan, China, Peru, Philippines and Vietnam on the sidelines of this summit.
During the meeting with his Peruvian counterpart Pedro Kuczynski on Sunday he agreed to take measures to triple trade flows in years to come, Sputnik reports.
During their meeting in Lima, Putin and Kuczynski praised the strength of contacts between the two nations, with 17 new deals in the making that will ramp up bilateral trade, the local radio RPP said.
Kuczynski reportedly said Peru and Russia could reach $1 trillion in bilateral trade flows in the next few years and boost strategic investments.
Russian President also held meeting with China’s leader Xi Jinping. They spoke of how to connect Russia’s Eurasian Economic Union to China’s Silk Road Economic Belt, Putin’s spokesman said.
"The leaders spoke in favor of boosting cooperation with the APEC," Dmitry Peskov told reporters on the margins of the Asia-Pacific economic summit in Peru. "The leaders spoke in detail about the schedules of their future high-level contacts, discussed how to couple the EAEU and Silk Road projects."
At the meeting with Japan’s Prime Minister Shinzo Abe Russian President Vladimir Putin suggested comparing notes on the most actual issues of bilateral cooperation. The vector of interaction development is positive, the Russian leader said.
"We resumed certain interaction tools making possible for us to progress in development of bilateral relations," Putin said referring to earlier consultations between foreign and defense ministries and security councils of both countries. "Furthermore, proactive implementation of your initiatives to intensify trade and economic cooperation continues," Putin addressed Abe.
"We have a good opportunity today to compare notes in all these areas," TASS quoted Putin as saying.