Russian PM: Vladivostok ready for APEC summit

Prime Minister Dmitry Medvedev said Thursday that the Far Eastern city of Vladivostok was ready to host the 2012 Asia-Pacific Economic Cooperation (APEC) summit in September.

“On the whole, the situation with the preparations for the APEC summit is absolutely normal. There are of course some nuances, which should be corrected in the next two months, but the city itself and facilities are ready for the summit,” Medvedev told journalists.

The prime minister promised to continue all-embracing development of the Far East and to regularly visit the region.

Medvedev arrived in Vladivostok on Monday to inspect facilities built for the APEC summit.

The Sept. 8-9 summit will cost Russia about 600 billion rubles (18.5 billion U.S. dollars) in construction for more than 50 facilities and to rebuild public utility networks.

Xinhua