Integration initiatives: Point of contact
... 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” ... ... in 2015. For the first time, Russia was able to take part on an equal footing with other economies in the discussion of the Asia-Pacific integration agenda. Deputy Minister for Economic Development of Russia Stanislav Voskresensky clearly defined the ...