Putin sees boom in Asia-Pacific trade with Europe via Russia

Russian President Vladimir Putin says the Asia-Pacific region’s trade with Europe via Russia will surge by at least five-fold by 2020 as traditional sea routes become less competitive. His remarks came in a commentary published by the Wall Street Journal ahead of a summit of leaders from the Asia-Pacific Economic Cooperation (Apec) forum in the Pacific Russian city of Vladivostok this weekend. “Closer integration of economic models, regulation and technical standards among the EU, Apec and the Eurasian Economic Union would offer businesses the ability to operate seamlessly across a vast area,” Putin wrote…

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