Addressing the APEC Business Summit, Mr Putin said that Russia aimed to pursue its economic policy in the Asia and Pacific region mainly through APEC mechanisms.
He stressed that Russia had made a conscious choice to further develop cooperation with Asian and Pacific countries as global interdependency was increasing and the Asia and Pacific region was one of the most dynamically developing in the world.
Mr Putin expressed his hope that colleagues in APEC would regard Russia as a reliable and promising partner actively developing its trade and economic contacts with all countries in the region.
The Business Summit, which involved the business elites of 21 countries, was traditionally timed to the meeting of the heads of state and governments of the APEC member countries.