Russia to Promote Economic Stimulus at G20 Helm Says Putin

Author: us-russia
Comments: 0
Category: News
Russia to Promote Economic Stimulus at G20 Helm Says Putin
Published 4-12-2012, 00:56
Russia's chairmanship of the G20 group of nations, which began today, will promote measures to stimulate the world economy and create jobs, President Vladimir Putin promised on Saturday.

"We see the main task of Russia's chairmanship of the G20 as concentrating the strength of the G20 on measures to stimulate economic growth, and creation of jobs," he said.

In order to do so, Putin added, it was essential to stimulate investment, confidence and transparency in markets and provide effective regulation.

"With these priorities in mind, we will discuss all the traditional G20 themes. Among them, the state of the world economy, and creation of an effective framework agreement to guarantee creditable and balanced growth, reform of the currency sytem and financial regulation and oversight, stability in global energy markets, strengthening of multilateral trade, and the fight against corruption," he said.

Russia will also propose discussion of two new themes, financial investment as a basis for economic growth and job-creation, and modernization of the national systems of state borrowing and management of sovereign debts, he said.

Solutions to the world's problems can only be found by taking into consideration the opinion of various groups, Putin said, adding Russia would consult the opinions of business, trade unions, youth, civil society and experts.

Russia's G20 chairmanship will guarantee continuity of policy along the lines of existing priorities, he said.

"For us, it is, foremost, an opportunity to offer our partners a positive agenda, aimed at the solution of general problems which concern all nations of the world," he said. "And of course, we intend to effectively use our chairmanship to resolve longstanding national issues, in order to strengthen Russia's place in management of the world economy," he added.

Comments: 0
Category: News
Experts' Panel
Are the U.S. and Russia...
The Sunday, February 24 edition of Russian state television’s...
Are the U.S. and Russia...
Top
popular in the journal
From July 4, 1776 to June 12, 1990

From July 4, 1776 to June 12, 1990

June 12th for Russians is to some extent the equivalent of July 4th for Americans when the former colony of the British Empire has declared its independence. ...
Vladimir Putin: The Real Lessons...

Vladimir Putin: The Real Lessons...

The Russian president offers a comprehensive assessment of the legacy of World War II, arguing that "Today, European politicians, and Polish leaders in particular, wish ...
RUSSIAN FEDERATION SITREP 11 JUNE...

RUSSIAN FEDERATION SITREP 11 JUNE...

RUSSIA AND COVID. Latest numbers: total cases 502K; total deaths 6532; tests per 1 million 95K. Russia has done 13.8 million tests (second after USA); among ...
Russian Diaspora Group Urges...

Russian Diaspora Group Urges...

WASHINGTON (Sputnik) - The Russian Community Council of the USA (RCC) is urging authorities in Alaska's Sitka to refrain from removing a statue of city founder Alexander ...
Эдуард Лозанский: Проблемы...

Эдуард Лозанский: Проблемы...

Эдуард Лозанский: Проблемы начинаются, когда в игру вступает истеблишмент