intentionally ensued in siberia and so. into that region. of bullets still waiting for japanese announcements today i had meeting where they knew they were going to jump these prime ministers now did you go to the joke about not us once i believe answer probably normal process problem in there is my prose problem the burdens are lesions your lack of your so-called peaceful retreat support and the territorial issue opposition is very simple it is you goes as follows you shouldn't make a drama. and i don't continue hardly discuss an admission our positions today verge on the matter we believe that the existence he should use reflects the existence status quo and the outcomes of the world will naturally a russian federation believes that those territories are russian treacherous this is why their oppression of four years and russian leaders president and others

visit the treacherous we don't mind. japanese investment would welcome them we would welcome japanese actually to come and work there so if we could not migrate and managed over some other words together this would be a normal process i believe that the economy should go first and politics should follow suit and this is a correct approach in general in life because it's economics that defines our life and politics you know makes it worse oftentimes. the president has very kindly agreed to take some questions from the floor so i'm going to spring this on new whoever would like to ask a question they identify themselves i think there are some. microphones hopefully and i may use my privilege and take that back to questions at some point but i would like to ask a question as well over the. microphone

six. it is in the middle of a good day i'll ask my question in version here would you please please. we're grown used words is a future. you didn't know much this is a that's what was so great only for me to ask my questions and it goes as follows. there is going to be said i think it will be possible to reach equal level of economic development of russia in the east and in the west make sure that all regions are as developed as moscow and create the next sentence of development in but there was talk or in pre-market region generally all had they had any doubts about that i would not be had of state. but the potential is here you see barry. sanders. thanks you now gratian times when things are said that russia will

go stronger three bierria nothing has changed in the sense we're still developing. the forest in siberia and resources it is not always reflected by the living standards of people out there but they have a good. conditions to make sure that by little. they do is talk the same as a mask on some video of what it takes his infrastructure and social environment for the. good. living standards prior to coming here i was and will have bar of it's a well developed city and all those that come to understand that one hand. on the other hand it's a city with strong european traditions. hosted a summit and now you're being unit partners were amazed to see how far eastern

europe structures so a solution can be found here. what it takes are investments that prove man to live in santa and then live in those regions will be no different from life in the capital cities that is normal. i mean is this russia see its identity is very strongly european i mean after what it was the soviet union you know there were many states that were in asia you know you still have a big chunk of land that picks up in this direction i mean do you. do you still predominantly see yourself as a european nation. apostle though with. some question. that she. chased.

him. and which is his traditions on the other hand we are part of asia pacific region. we are creating. a. whole customs union. and a future planning on changing the name for the community making a direct reference to asia so we perceive ourselves to be part of both cultures and just normal. community a little bit later at this time but i think it was another question over here much from.

our. respect to the present. and i. come from a beijing china and i think. the territory issue is whether. you said that the economy first on the politics. and i think is very good economic. political will make of things even worse and the china may have. conflicts with another country well russia. mediator. today conflict conflicts between china and any other country. as of a process is this a question. or is this a fact a services will be prepared to mediate in some future unknown crisis.

deal if there was the case the president called basically a first thing we do we. really don't think of places and i don't see that's going. to do. all the tricks i'm a professional video. so thank you. we have a question down here i think coming before the world's number five. i think you know. you have the courage to read character resign and now we support you very much i'm from the far east i mean john she paid i have two questions for you this afternoon everybody is saying is a concerned. next year so. election in russia you

know you are you going to participate in the election and the second question is the chinese company and ironically company. is because of the over ten years our power of the gas and natural gas and all we all say shipping to china to with our to your pounds since this is an agreement that will not be effective and i we are interested in you know when i went to sign this agreement thank you doug. actually he's from where were you i had a feeling. you're probably basically told everything about our plans so hard to hold on tight your legs i thought if i required to reveal. our willfulness later elections i will run out of what are in the middle earth on an election campaign

for your people when you have a parliament election campaign an organisation and some i've been hearing is limited to the company or the company time to a certain timeframe and what this election campaign ends on december fourth with but and yours truly is heading is there with the election list of one of the parties running the united state duma for the parliament see here this is the with united russia party and if everything goes well you know i think most of the united russia party performs well of elections and ash can do that will be in the in case our candidate wins the presidential election as. i'm going to work in the government. perhaps first my pay might come to us quite as over the so consider this and you will say tional statements i made here in honolulu look at the. both of you and gather the ass for the oil and gas delivery in the international salumi yes where supply oil and gas. oil but actually had a free to china we have good connections here. because people own term contracts

with your body or pathak of girlhood talking of gas supplies i just answered a similar questions where completing aquarian the final stage of negotiation is a particular we have here the head of cast from mr miller who is holding him about to meet with the national. and as one of our literature says you cannot replace him agreements it by you to move them is an holders of mutual will of the parties so we have the respective positions and you need to bring them as well as possible together in the russian and not remaining in your movies just one that's the price and hit. we're very close to solving that issue as well and we're very close to reach an agreement. in the very near future but i and we go as good as we will start this major project with him a good body when we talk about it at every meeting with the leadership of china and

journalling in my last meeting with woods and how we spoke about that as well i think you mean about the mystic arrangement. and. can i just. end with a couple of questions first of all i think i do need to ask about the european crisis i mean how grave do you think this is how will it play out is this the end of the euro is it the end of the eurozone or are we being overdramatic. my family needed to buy a surname is not our hello sarkozy perhaps a little better at answering this question the main out there with the most with love and on the other hand perhaps thank god out of the french surname rundown for . they have a tougher than me. of course the situation is resolved fairly simple. but at the same time to have

a feeling. a year of that were it not for the euro in the west the world's reserve currency in two thousand and eight and it didn't how's and why it would have been more difficult for us and will lead for a us dollar as well. so the presence of the euro as the global reserve currency i think it helps when you. think systems of the entire financial system that's the one who is true is that you're a service and can use the flow with them through very different countries and this is the way to boil to the entire destruction because this currency he was proposing to serve the economies of countries and when you buy dealers who have well very different economies but there is nothing that can be done about that and this is a situation that's all the european union states have to face together because you're going to get out and i think that really european integration two point zero

process is launched it may actually damage your apparently the very idea of a very notion of the euro for because if the number of the e.u. countries decreases in evolution this does not necessarily make the euro a more stable currency will so i think the course. that has been finally in creedal . with great difficulty by the e.u. leadership including in the support for greece is the right way to go there. yes sure well we'll see away from the live and see what happens. of course we are for the euro and for the economy connected with the euro little media will because we have a great bunch of old reserves and you know precarious reserves and almost half of russian federation's currency reserves which is constant we also traded in the euro so we're watching closely the euro and soldiers in the china and so to

a whole number of other nationals who may have remaining you will be hosting apec next year in light of that and this becomes. a russian led event and what is your agenda for next year how will you carry that forward moment when you screw going to be. you know let's face it with you we're proud that russia is hosting they pack summit one thousand trial where i think great efforts for. the way of the laws of logic construction projects and a lot of us talk and a little ship of the pro more ski district. and then there was the came here to take lessons from a foreign colleagues at the notion that this is the organizational side of as important as it is we could ask for their gender i think it's going to be comprehensive one the only multi-faceted one probably and i think it's go and go to

fisher many problems we're dealing with today that was all sadly i think of lots of problems we're facing now will persist we will go into the next year and we will have to solve them together and face them together and if you can confirm whether we're talking about trade and energy cooperation with each other we're talking about pledges they asked which is the opportunity or food safety will get of course all these topics or go into feature on the apec two thousand child agenda as well as energy issues same with the aim of the pony in year end here for think it is the blends. all these. all these issues that will define the specifics of the forum that is to take place in bloodless talk and i heartily invite all those currently present here in honolulu to the big summit taking place in russia and lot of us on the verge and i'm confident that we will we will have solved lots of terrorists by that time and still we will have many topics that we

will be able to discuss them on the business section of the big summit in bali last . we did but i can't promise to say whether as here in hawaii. but i promised to president obama that the most of. the moderation will be comparable because this is well the season will be good for the for more ski districts so please also probably let's see. the back your snow boots thank you fran it is the predator so much and this is president medvedev wrapping up his press conference there speaking at the apec conference in hawaii to a group of about fifteen hundred businessmen and women at the conference in that david killing from the financial times actually asking the questions in which he talked about having good relations with president obama having discussed the private meeting on the sidelines of the apec conference in that meeting they talked

about the government here membership and that obama is very enthusiastic about russia joining the b.t.o. in that process also about regional conflicts including afghanistan and some things that they weren't allowed to discuss publicly or because the confidentiality of the nature also about the w t o said that it is a good change for the russian economy that the country is ready to join going to b.t.o. and that russian economy needs to be brought up to the international business standards and that being a member of the w t o will help russia get on board with international standards also talked about russia being. and a rich country rich in energy resources and that one thing about membership that would help russia become a major supplier of broad resources to the international community would be strengthening the economy as well as well as the global economy but it's just good for all parties involved and one of the criticisms that was brought up by david pilling is that russia doesn't really necessarily play by the rules to which may

get have said that that is a fair criticism but that in the past and recently innovative has been implementing different reforms to try and address those issues so that they can play on the same international playing field about the apec conference david killing asked if medvedev was favoring europe in if he was backing the wrong horse to which he had of answer that actually russia faces both directions and is looking in all directions to try and strengthen its economy and build relationships with different countries and that there is a balance to development here in russia and that there are actually good relations with the asian nations as far as the gas pipeline david pilling said that only about two percent of russia's energy and gas resources go to china and the current time which madrid have announced that they are in negotiations in the process of negotiating energy contracts with china. one of the questions brought up by pilling it was about the caribbean islands and if that is possible roadblock to

possible development with relations with japan interesting here in the dead of stated that first the economy should come first and that politics should come second so where there are business relationships and business contracts then the politics will naturally follow in that this is a natural course of events following this president took questions from the audience talking about his possible political roles in the future in terms of russian politics where he mentioned that he will be participating in the upcoming elections on december fourth for the united russia. party and then he was asked about the european crisis as one of the final wrap up questions and what were his thoughts may be had of said that it is a complex situation but the euro was one of the key factors that help stabilize the global economy post two thousand and eight crisis and that the current course is the right path for the euro but that russia will be watching the track of euro as

a lot of the global currency reserves are invested in the euro as well and of course wrapping up with the fact that russia will be hosting the apec conference in two thousand and twelve in madrid of talking about some of the issues that they will be facing in discussing in two thousand and twelve there so president a bit of wrapping up his press conference at the apec conference in hawaii and of course. we'll be bringing more information as it becomes available. now amid the financial woes of america and europe investors are making a sharp turn to the east where china keeps on rising in the ranks on the global economic stage beijing's might however is not being met with enthusiasm in the u.s. or he's a drowning you sero assesses the attitudes. we are not the weeds. we can see the season.

ends on g. twenty. seven hundred bosnians. jen sacramento to get warm and go. to the future you have to yikes ok let's just get right down to it shall we should we be afraid of china. well what a place in washington d.c. is chinatown to find out i don't think we have to be a raid of china but i do think that we should be concerned well concerned might be the right word for it and angelina isn't the only one how much twenty love the b.b.c. poll shows that many in the west aren't exactly thrilled about china gaining more economic steam in the span of just five years negative attitudes towards china have skyrocketed with france germany italy the u.k. and the u.s. on unhappy at the thought of china nipping at their heels and for the u.s.

nowhere is that clear but in the race to the white house china is on almost every dimension chidi this is no longer a time for us to sit back and say we're going to let them steal our jobs what we need to do is start in rich saying china with our money i want to be china i want to go to war with china and make america the most attractive place in the world to do business woah woah whoa does it have to be us or them and isn't buying it the world changing you know so like the fact the fact that like china's economy is modernizing. isn't the reason why our economy is doing poorly right now. and so it's maybe just a straw man when. presidential candidates bring that up but they get in the business since they can only say it was countries to just work with china as any other country so you know i don't know where it comes from from the u.s. about china well there you have it it seems china is the new kid on the economic

block and it's up to the u.s. and go west to see how they deal with reporting from washington and i can say oh i see dr caroline helpmann from occidental college in los angeles says washington feels the need to paint china as the new evil empire. china becomes this very convenient target we need an enemy right the cold war is over terrorism doesn't provide a concrete enemy for the united states to confide so when we hear this republican competitors talking about china as an enemy i do think that it fills that notion of having something to oppose in order to prove the resilience of nationalism and again i think i take issue with that nationalism but at the same time i think it's good for the u.s. to have competitors it's never good for a global superpower to be the only one at the top of perceived because then they act with impunity and i believe that various points in u.s. history we have seen the evidence of that i think having china in the mix will be

very positive for social political relations and now it's time for our close up series as we put a spotlight on the many wonders of russia for you. when we're on the black sea coast in of itself a place bustling with tourists who come here to get their goals of relaxation under the sun but now this region is also we're tracking hundreds of thrill seekers. test of a large. slowly build soviet resorts on russia's black sea coast are becoming centers for very modern sports throughout the week hundreds of children and adults of people competing here in the black sea cup windsurfing trophy and it's hoped that with the right support this region could become a real sensor in the to sports. it's the black sea cup in southern russia.

jellyfish the sea full of waves and the wind whips the salty spray and that's just what everyone here has come from. children and adults have traveled from russia to show their skills in the growing need to speak from experience. here anton is one of the best like that. when you write in your book at top speed your feelings so you have control of two forces of nature in your hands we need water and he's currently number two in russian and his skin the waves in european competitions the sport isn't cheap he's short of financial backing to match that of his european and american competitors but he's hopeful for the black sea coast as a potential world class water sports center. this is a wonderful place with great when the infrastructure is ok but with some investments it could be good we had a freestyle competition here not long ago and we have hopes of hosting

a world championship he'll be trying to win that championship i was just getting the hang of standing up i'm surrounded by hundreds of when of all ages behaving in the black sea it's evidence of the growing status of water sports but i won't be joining them any time soon. and neither would i be taking part in even more tricky kitesurfing here too they had been battling it out to prove their speed and agility surrogate has been crowned number one in russia. there's a lot of adrenaline that's what it's all about tricks and a lot of adrenaline now it's easier to master trick you have to fall a hundred times the black sea provides good conditions for this will too. it's a difficult sport to master with many of these young riders taking years to reach that standard. we have a number of good spots for arriving this wonderful day and on the other side of the

black sea here in russia the season is short so we don't have much practice time on the water but the advantage of russia is we can snow kite. again it's money that's the problem for most kitesurfing now whether it's on the way to joining the list of the lympics sports and that raises the profile of what is still a fledgling pursuit in russia. sport needs young people in ten years i want to see hundreds of kids kiting here then we'll be in good hands we'll have a future. a future that will be played out here in the surging blue of the black sea connauton r.t. and those are the main stories we're covering here for you on our team my colleague marina joshie will be back with the headlines in just a few minutes they are going to work.

well for. science technology innovation all the developments from around russia we've got the future covered.