so i'm going to spring this on you whoever would like to ask a question could they identify themselves i think there are some. microphones hopefully and i may use my privilege and take take back the questions at some point but who would like to ask a question this one over their. microphones six. busying they had a good day. i'll ask my question in russian here would you please like the place. where i am the billions. we are. which is a future. that's up to great owner for me to ask my question and it goes as follows. you think it will be possible to reach equal level of economic development on 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 whatever stock or in pre-market region generally well had i had any doubts about that i would not be had of state. with the potential for this huge areas in siberia. but we know that even if we do. send. it to the states you know gratian times when you'll be sorry said the dress shirt which will go strongest for size derrius nothing has changed in the sense we're still developing largely jupe forest and siberians resources it is not always reflected by the living standards of people out there but they have the good. conditions to make sure that while they will move far is don't like doing. the same as in mass cons and that is what it takes is infrastructure and social environment for the clothes and shoes and bows and good. living standards prior to coming here

i was in a bar of it's a well developed city and all those that come from battles and understand there was more than one hand in some of our history saying good to me but on the other hand it's in a city with strong european traditions. host to. mention how virus can and our european unity partners work amazed to see how far the east europe stretches so no solution can be found to. what it takes it appears reason our investment improvement of live in center to feed you and then life and those regions will be no different from life in the capital cities it is normal. for just i mean is this russia sea 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 pokes out in this direction i mean do you do you still predominantly

single self as a european nation. at the. nation it's a question. of . just. what. is the most. which is to traditions on the other hand we are part of asia pacific region. we are creating. just called customs union. and the future planning on changing the name of the

community making a direct reference to asia so we perceive ourselves to be part of both cultures and just normal and they ask about the eurasian community a little bit later this time but i think there was another question over here mike from four. home with. 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 and the politics. and i think this is very good i hear it konami yes it is easy to follow sometimes the political will make of things even worse and the china may have a. conflict with another country well russia. mediator.

today conflict conflicts and so between china and the other countries. at the. is this a question. or is this the fact. a sources will be prepared to mediate in some future. crisis in. the middle good deal in fact it was the point the president will basically this is when you pay for things we do we have made many of the limits we're going to be unthinkable places that haven't you see this many because this isn't about some of the individual and. have little to do. politics i'm a professional mediator. so thank you. we have a question here i think coming the number five. thing

you know. you have for that character resign and now we support you very much i'm from far east i mean john she paid i have two questions for you this afternoon everybody is saying is a concern the. next year so. election in russia you. are you going to participate in the election and the second question is the chinese company in iraq a combination. of the over ten years about the gas and natural gas and oil shipping to china by the without to your constant this is an agreement that will not be effective and now we are interested you know when i going to sign this agreement thank you.

but when. about lyrically she says for my will to do i had a feeling. follow basically told everything about our plans and i told you i thought if i required to repeal they're going to jest with our willfulness related elections are well run we are in the middle of an election campaign and my you people when you have a parliament election campaign and the organisation and so my being here in is limited to the company or the company finds a certain time frame what this election campaign ends on december the fourth of with bob and yours truly is heading is there will be the election list of one of the parties running for the state duma for the parliament see here this is the woodward united russia party and if everything goes well that i think it a united russia party performs well of elections and indeed that would be in the case of our candidate wins the presidential election is what i will do but i i'm going to work in the government. to them but the new polling perhaps this might be

coming with us quite as over the linear couple so consider this a new game a little sensational statement i made here and on another look at the. both of you and got of the and as for the oil and gas delivery selim if you wear a supply of oil and gas. oil quite actively. to china we have good connections here have good issues because we've long term contracts is a good body or. talking of gas supplies i just answered a similar questions where completing where the in the final stage of negotiation we have here the head of gazprom mr miller who is holding him up when we put. the gold at the. end as one of our luxury characterises youth and we keep a few and agreements if you buy that the movement is a hold of to of mutual will of the parties so we have been all respective positions and we need to bring them as far as possible together and not remaining in your

movies just one that's the price and shit. we're very close to solving that issue as well as from where very close to reaching an agreement to do. so in the very near future but i and we go to the last word and we will start this major project with the i'm a good body and we talked about this at every meeting with the leadership of china about it and sure enough my last meeting with holds and how we spoke about that as well i think you mean about that domestic 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 or is it the end of the eurozone and are we being overdramatic. my family needed to put into my surname is medvedev not archelaus sarkozy perhaps

they would have better at answering this question that may well do with the most with but on the other hand perhaps thank god i have a different surname right now. they have a tougher than me. to go there of course the situation is resolved fairly simple. but at the same time i have a failing if we blew. a year out of that were it not for the euro in the west the world's reserve currency would be should be in two thousand eight hundred two thousand why it would have been more difficult for us and a model for the 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. number two is that you're a service and the flow with going through very different countries and this is the

way you point it will only entire destruction because of this currency which was proposed to serve the economies of london trace and you when you buy dealers who have well very different economies but there is nothing that can be done about that and that this is a situation that's all the european union states have to face together because the miami you're going to get out of it i think that. european integration two point zero process is launched. she may actually damage here apparently the very idea of an early notion of the year old because if the real number of the you leave countries decreases the base does not necessarily make the euro a more stable currency so i think the course. that has been finally in creedal will was great difficulty by the e.u. leadership at the putting in the support for greece is the right way to go odds are they. this is sure well we'll see a nation move by live and see what happens economically. of course we are for the

euro mostly and for the economy connected with the euro a little the look leading the way because we have been very much on gold reserves pretty europe and carousel reserves and almost half of russian federation's currency reserves which is consequently also traded in euros so we're watching closely the euro and soldiers in the blue china and so to a whole number of other nationals who have remaining you will be hosting apec next year in level stock and this becomes. a russian led event and what is your agenda for next year how will you carry this project forward. and you've. got to be. you know let's face it i think we're proud that russia is hosting they back some metal to thousand and twelve where putting create a furnace you mention for to the end like. we have the laws of logic construction

projects and a lot of us talk of in the literature for the primordial district. that was that we came here that for to take lessons from other foreign colleagues i don't know what this is the organizational side of us as important as it is and as for their gender i think it's going to be human and human for a comprehensive one you'll be able to face and then you want a problem i think is going to have to feature many problems we're dealing with today which was sadly i think lots of the 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 energy corporation with each other we're talking about logistics i would just take opportunities or food safety would it of course all these topics or go into future on the apec two thousand and twelve agenda as well as energy issues same with all of them of the ball ninu and here to think that it is the blend. of all these.

all these issues that will define the aciphex of the forum that is to take place in blood of us talk and i heartily invites will be all those currently present here in honolulu you know they make summit taking place in russia and lot of us on the lid of the edge and i'm confident that we will we will have solved lots of tasks by that time and so we will have given the many topics that we will be able to discuss with him on that the business section of the tax summit and vali nasr. would you promise me the same weather as here in hawaii would be sheltered by me but i promise not to say that i'll be president obama but then most of the room that they accommodate will be compared. well the season will be good for more ski districts so please probably see. thank. you so much let's see you right president medvedev wrapping up his press conference

there speaking at the apec conference in hawaii to a group of about fifteen hundred ms-dos men and women at the conference in that david pilling from the financial times actually asking the questions in which he talked about having good relations with president obama having discussed a private meeting on the sidelines of the apec conference in that meeting they talked about the membership and that obama is very enthusiastic about russia joining the w t o and 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 but the country is ready to join. and that russian economy needs to be brought up to the international business standards and that being a member of the will help russia get on board with international standards also talked about russia being

a rich country rich in energy resources and that one thing about membership would help russia become a major supplier of raw resources to the international community being strengthening the economy as well as well as the global economy but it's just good for all parties involved 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 medvedev 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. i was backing the wrong horse to which medvedev answered that actually russia faces both directions and is looking in all directions to try and strengthen its autonomy 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 and david pilling said only about two percent of russia's energy and gas resources go to china at 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 korean islands and if that is a possible roadblock to possible development with relations with japan interesting here majed 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 the 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 madrid 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 the 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 and discussing in two thousand and twelve there so president medvedev wrapping up. press conference at the apec conference in hawaii and of course you just will 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 jump out of the weeds was. maybe we can see the seasonal. g twenty. summit come the boss and. she and sat down to get warm and go. into 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 other place in washington d.c. is chinatown to find out i don't think we have to be afraid of china but i do think that we should be concerned well and concerned might be the right word for it and

angelina isn't the only one a march twenty seventh 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 us nowhere is that clear that in the race to the white house china is on almost every dimension cheating 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 stop enriching china with our money i want to beat 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 is anybody 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 i think it is in a business sense in an economic sense most countries to just work with china as any other country so yeah i don't know where the fear 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. ever go west to see how they deal with reporting from washington and montana said 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 confront someone 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 do the resilience of nationalism and again i find 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 are seeing 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 are on the black sea coast in the self a place bustling with tourists who come here to get their dose of relaxation under the sun but now this region is also attracting hundreds of thrill seekers are to use tested the waters. slowly the old soviet resorts on russia's black sea

coast are becoming centers for very modern sports throughout the week hundreds of children and adults have been competing here in the black sea cup windsurfing trophy and it's hoped that with the right support this region could become a real center for water sports. it's the black sea cup in southern russia the want to see full of 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 all over russia to show their skills and share even agree need to speak to experience. here anton is one of the best thing that. when you ride in your board at top speed your feelings saw you have control of two forces of nature in your hands wind and water. he's currently number two in russia and has skimmed the waves in european competitions the sport isn't cheap and 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 a great wind the infrastructure is ok but with some investment 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 service of all ages bathing in the black sea cup it's evidence of the growing status of water sports but i feel i won't be joining them any time soon. and neither would i be taking part in even more tricky kitesurfing here too they have been battling it out to prove their speed and agility surrogate has been crowned number one in russia.

there's a lot of adrenalin that's what it's all about tricks and a lot of adrenaline now it's easier but to master trick you have to full one hundred times the black sea provides good conditions for the sport too. it's a difficult sport to master with many of these young riders taking years to reach this standard yet we have a number of good spots for riding 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 however it's on the way to joining the list of the lympics sports and that raises the profile. what is still a fledgling in russia. sport needs young people in ten years i want to see hundreds of kids cutting 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 told often 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 don't go anywhere. well with. science technology innovation all the developments around russia we've got the future covered.

global powers come together in hawaii vowing to prevent any debt crisis from engulfing the pacific. the russian and american presidents hold talks on the sidelines of the apec summit in hawaii their focus missile defense and russia's future at the w t o we bring you all the latest

from port honolulu just ahead on the program. most greece and italy watched their governments fall at the high end of the debt crisis but many are wary of the newly appointed and elected officials and their links to brussels. the un atomic watchdog zeroes in on iran's nuclear ambitions again claiming a country could be building a bomb but then iran says the allegations are fabricated and politicized. and police investigated fresh clashes in breakaway qassam as we reported on fear a serb resistance to what they say are all brainy attempts to control their lives.