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Vladimir Putin reviews G20 summit

Anti-corruption efforts are central to the Group of Twenty agenda, he says
Photo EPA/DIMITAR DILKOFF POOL
Photo EPA/DIMITAR DILKOFF POOL

STRELNA, St Petersburg, September 6 (Itar-Tass) - Russian President Vladimir Putin reviewed issues dicussed at the G20 summit..

Anti-corruption efforts are central to the Group of Twenty agenda, he said.

“This year, we laid the foundation for a strategy of work in this area and have approved a number of initiatives at the summit,” Putin said at a news conference after the G20 meeting.

Putin noted the importance of the “work to exchange the best practices of restricting the possibilities for corruption during preparations of international sports, cultural and other large-scale events.”

He said that the creation of a global alliance for clear sport is also a high priority for Russia and that it will promote these efforts.

The president also said the G20 summit had adopted a number of major decisions to reform the tax policy in order to fight tax evasion, including through offshore schemes. “We have approved a joint action plan aimed at addressing base erosion and profit shifting,” he said. “We have also agreed to jointly work out a new multi-party standard of information exchange in tax-related matters.”

The G20 summit has made serious progress as concern stimulation of employment as well.

“G20 leaders approved decisions adopted at meetings of labor and employment ministers and at their joint meeting with finance ministers,” he said noting that the Joint G20 Finance and labor Ministers’ Meeting had been held for the first time in the G20 history.

“The task of creating new qualitative jobs was set,” Putin said. “A special focus was placed on stimulating employment of vulnerable categories of the population, first of all youth, women, and disabled persons.”

 

 G20 leaders have supported some important principles in the energy sector, Russian President Vladimir Putin told a news conference after the summit on Friday.

“First, it is necessary to ensure transparency and predictability of energy and raw materials markets,” he said. “Second, we need to stimulate “green” growth and support the world community’s efforts in preventing climate change. Third, it is necessary to support measures on exchange of best practices in energy regulation.”