Integration initiatives: Point of contact

... investment in the Asia-Pacific region. For Russia, APEC is in fact the only platform in which the country participates in integration processes within the Asia-Pacific region through forming the Free Trade Area of the Asia-Pacific (FTAAP). The aims of the FTAAP were outlined back in 2006, and yet the process only gained real momentum in 2014, when China took over APEC chairmanship. China and the United States, two key regional economies, initiated and led a “strategic study” of the possible configuration and separate aspects of this free trade area. Unique not just in terms of content but also in terms ...