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Medvedev presents Sarkozy with Fedoskino lacquer art box

November 04, 2011, 2:00 UTC+3

The French president’s colleagues in the G20 have not personally seen his newborn daughter, although, Sarkozy has naturally heard many congratulations

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CANNES, November 4 (Itar-Tass) — Russian President Dmitry Medvedev has presented his French counterpart Nicolas Sarkozy and his wife Carla Bruni, who on October 19 gave birth to daughter Julia, a Fedoskino lacquer box painted on the subject of the “Sadko” fairytale.

The French president’s colleagues in the G20 have not personally seen his newborn daughter, although, Sarkozy has naturally heard many congratulations.

Everyone remembers that the pregnancy of the First Lady Carla Bruni became known six months ago – at the G8 summit in Deauville, Normandy. Everybody said then that it is necessary to get ready for congratulating Sarkozy at the summit level during the November G20 summit in another resort - Cannes on the Cote d'Azur.

However, contrary to the expectations of many, Sarkozy did not take his family to Cannes, where the world’s grandees assembled. Sarkozy’s colleagues will have to be content with only photos of the newborn that just before the summit were published in all French periodicals.

According to the press, the first lady of France remained in the Lanterne countryside residence of the Head of State located in Versailles. Nicolas Sarkozy also visited it last weekend. Before immersing into the complex problems of the world economy the happy father-president spent time walking through the picturesque park alleys with Carla and little Julia. It is seen on the photographs that Bruni holds the baby in her arms, while Sarkozy is keeping an arm around his wife’s shoulder.

The 43-year-old Bruni, who was a former singer and supermodel, has a son from a previous marriage, while Sarkozy has three sons from earlier marriages. She told a French newspaper prior to giving birth that she would not make public photos of her child because exposure to public life is an adult choice. Sarkozy, a new father again is in his early 50s, married Bruni in 2008. He is the first French president to divorce and marry in office and they are the first presidential couple in modern French history to have a child in office.

The Cannes summit participants, certainly were waiting to see the first family of the state, but took with understanding the president’s decision to leave the family home. The mayor of Cannes, one of the gurus of French political and commercial advertising, Bernard Brochand, praised the decision of Sarkozy.

“I would myself advise the president to do the same. No publicity stunt for the sake of political rating is needed here. After the birth of his daughter the president, everywhere he has appeared, has received the warmest congratulations and, obviously, the event itself creates for the French a good mood. This is enough,” said the politician, promising that he would certainly pass the congratulations from Cannes residents to the president.

The G20 was established in 1999, in the wake of the 1997 Asian Financial Crisis, to bring together major advanced and emerging economies to stabilize the global financial market. Since its inception, the G20 has held annual Finance Ministers and Central Bank Governors' Meetings and discussed measures to promote the financial stability of the world and to achieve a sustainable economic growth and development, it is said on the G20 website. To tackle the financial and economic crisis that spread across the globe in 2008, the G20 members were called upon to further strengthen international cooperation. Accordingly, the G20 Summits have been held in Washington in 2008, in London and Pittsburgh in 2009, and in Toronto and Seoul in 2010.

The concerted and decisive actions of the G20, with its balanced membership of developed and developing countries helped the world deal effectively with the financial and economic crisis, and the G20 has already delivered a number of significant and concrete outcomes:

First, the scope of financial regulation has been largely broadened and prudential regulation and supervision have been strengthened. There was also great progress in policy coordination thanks to the creation of the framework for a strong, sustainable and balanced growth designed to enhance macroeconomic cooperation among the G20 members and therefore to mitigate the impact of the crisis. Finally, global governance has dramatically improved to better take into consideration the role and the needs of emerging of developing countries, especially through the ambitious reforms of the governance of the IMF and the World Bank. Building on these important progresses, the G20 has now to adapt to a new economic environment. It must prove that it is able to coordinate the economic policies of major economies on an ongoing basis. 2011 is the occasion to build on the recent successes of the G20 and ensure an active follow-up on processes already underway. It is also the time to address other essential issues which are crucial to global stability such as the reform of the international monetary system and the volatility of commodity prices.


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