Деловой консультативный совет АТЭС возглавил З.Магомедов

Ziyavudin Magomedov, the Chairman of the Board of Summa Group, has been given the role of heading the APEC Business Advisory Council (ABAC). Ziyavudin Magomedov will serve as the Chairman of ABAC for the whole of 2012.

During Russia’s 2012 chairmanship of APEC, the following topics will be considered high-priorities for discussion: the development of transportation and logistics chains, sustainable development, eco-cities, food security and technology transfer.

The 2011 ABAC Chair, Deborah Henretta, noted that “Next year businesses will have to cooperate even more closely within the APEC framework. I am confident that under Ziyavudin Magomedov’s chairmanship the APEC Business Advisory Council will become even more focused on effectiveness and will contribute to solving the issues under discussion which are common to all APEC countries.”

In July of 2010, Russian President, Dmitry Medvedev, appointd Ziyavudin Magomedov, the Chairman of the Board of Directors of Summa Group; Oleg Deripaska, the General Director of Bazovy Element and Andrei Kostin, the President and Chairman of the Board of VTB Bank, as Russian representatives to the APEC Business Advisory Council.

In 2012 ABAC will meet in Hong Kong, Malaysia, and Vietnam, with a final session scheduled for Vladivostok in September of the next year. In addition, Vladivostok will host the traditional CEO Summit, for which Andrei Kostin is acting as Chair of the organizing committee.

Twenty-one economies in the Asian-Pacific region are members of APEC, including the US and Russia, as well as Chinese Taipei and Hong Kong. APEC was established in 1989 to promote free trade and economic cooperation between countries in the Pacific Rim. It works to improve growth in levels of education and prosperity in the region, as well as to foster a sense of community among the Asia-Pacific countries. Members account for approximately 40% of the world’s population and about 54% of the world’s GDP.

Russia has been a member of APEC since 1998.