BRICS Leaders’ Meeting
In Hamburg before the start of the G20 Summit there was
informal meeting of the BRICS countries. Meeting took place between the heads of
state and government of the BRICS countries - Brazil, Russia, India, China and
Speaking at an informal meeting of the BRICS leaders on the sidelines of the G20
Summit in Hamburg, Vladimir Putin stressed that in the G20 discussions on the
state of the global economy, Russia will focus on ways of ensuring positive
momentum in global trade. According to the President of Russia, the G20 should
be proactive in promoting open, equitable and mutually beneficial trade in
keeping with WTO rules.
Improving the international financial system so that all economies can benefit
from it, including developing economies, remains high on the G20’s agenda.
Vladimir Putin said that further promoting IMF reform is essential for
delivering on this objective.
The President went on to say that Russia attaches special importance to issues
related to climate change and energy. “Russia is a reliable energy supplier to
global markets, and to many countries and regions of the world,” he pointed out.
In addition, Vladimir Putin spoke about counter-terrorism efforts, noting that
no country is able to overcome this scourge and protect its people on its own.
Accordingly, Russia, on a number of occasions, has called for a single
counter-terrorist front with the United Nations playing a central role.
President of Russia Vladimir Putin said: ‘We appreciate the BRICS tradition of
comparing views before G20 summit meetings and other key international events. I
would like to say a few words about Russia’s positions on the key issues on the
G20 meeting agenda. The key priority is terrorism.
Experience shows that no country, however powerful, can deal with this evil or
reliably protect its citizens on its own. This is why Russia has, on several
occasions, advanced the concept of a common UN-led counterterrorism front. This
time, we will again urge our G20 partners to join forces against terrorism and
work together to eliminate the political, social, economic and ideological
preconditions for the rise and expansion of terrorism.
During discussions on the global economic situation at the G20 summit, Russia
will highlight the need to promote an upward trend in global trade. We are
against the economic protectionism that is gaining momentum in the world.
Illegal and politically biased trade and financial restrictions are actually
aimed at removing rivals and result in the curtailment of business ties and a
loss of trust between partners in economic cooperation, which is destroying the
global economic fabric.
In light of this, the G20 should more energetically uphold the principles of
open, equal and mutually beneficial multilateral trade as stipulated in the
universal rules of the World Trade Organisation.
We are convinced that the G20 should make a bigger contribution to the creation
of a fair system of global economic development, one that is capable of ensuring
sustainable and inclusive growth and that can help remove the imbalances that
have developed among countries.
As we all know, the global economy’s transition to a new industrial order is
underpinned by the development of digital technology. We believe that the G20
could take on a leading role in shaping international regulations in this area.
Improving the international financial system so all economies can benefit from
it, including those in the developing world, remains high on the G20 agenda.
Further promoting IMF reform is essential for delivering on this objective.
We attach special importance to matters related to energy and climate change.
Russia is a reliable energy supplier to global markets, and to many countries
and regions of the world.
Moving forward, Russia remains committed to proactively contributing to the
harmonization of the global energy market and reducing price volatility by
working together with other countries that produce and consume fuel, in order to
ensure global energy security.
Russia has been doing a lot to reduce the anthropogenic impact on the
environment, and stands ready to continue this important work. The reasons
behind climate change have not been thoroughly researched, nor are we fully
aware of the mechanisms of ongoing climate change. That said, Russia views the
Paris Agreement signed in April 2016 as an international legal foundation for
long-term joint work on climate-related regulations.
We support the efforts and specific assistance by the G20 to African countries.
It is important to carry on efforts aimed at promoting industrial and transport
infrastructure development on the continent, and expanding access to education.
To conclude, I would like to thank our colleague, President of the People’s
Republic of China Xi Jinping, and note the effectiveness of China’s BRICS
Chairmanship in 2017.’