Lavrov says he plays football once a week, goes rafting every yearSport March 29, 3:59
UK prime minister signs formal Brexit letter to Brussels — official photoWorld March 29, 1:26
Some 20 Topol-M, Yars mobile ICBM systems take part in massive Central Russian drillsMilitary & Defense March 28, 23:10
Russia clinches last-minute 3-3 draw with Belgium in friendly football match in SochiSport March 28, 21:40
Washington-based National Symphony Orchestra members excited to perform in RussiaSociety & Culture March 28, 21:36
'Gentlefan' continues: 'Angels' greet Belgium football fans ahead of Sochi gameSport March 28, 21:12
Scottish parliament backs new referendum on independenceWorld March 28, 20:42
Russian strategic missile carriers to take part in military drills in TajikistanMilitary & Defense March 28, 20:10
Russia’s offshore energy projects in the ArcticBusiness & Economy March 28, 19:33
LOS CABOS (Mexico) , June 18 (Itar-Tass) — Representatives of the G20 business quarters began their meeting here on Sunday on the eve of a G20 summit to discuss a broad range of issues related to the measures seeking to ensure stable economic development in the world. The businesspeople are preparing the initiatives, which can be taken into account when drafting final decisions at the summit, VTB President Andrei Kostin told Itar-Tass.
“The priorities, which were formulated by the Mexican government on the eve of the G20 summit, quite satisfy us, and the issues, which the businesspeople are debating at the current meeting, mostly coincide with the G20 agenda,” Kostin noted. These priorities concern food security in the world, the creation of new jobs and a broader access to financial services.
“The tradition to hold meetings of representatives of the business circles from the G20 states, which was called as B20 (from the first letter of the word business), emerged recently, and its mechanism is only being tested,” Kostin recalled. Some of them do not consider such meetings important, “but I believe that the cooperation between the G20 leaders and businesspeople is quite useful for general build-up of the world economy.
The businesspeople are having heated debates at the B20 meeting, the participants show keen interests in the development of its initiatives for the G20 leaders, Kostin said.
Speaking on a crisis in the euro zone, the VTB president noted that he will probably “last for a quite long time, because several countries have quite major debts.” “The stabilization of the situation can be expected in next five years,” the VTB president believes.