MOSCOW, January 24 (Itar-Tass) – Russian President Vladimir Putin expects that during its current G20 presidency, Russia will manage to “create preconditions for improving a general economic situation and putting the international economy on the footing of sustainable and long-term development”. Putin said that at a ceremony of receiving credentials from foreign ambassadors.
According to the president, “the global economic situation remains difficult, problems of a sovereign debt accumulate, financial markets are unstable and the euro zone is volatile”.
Putin pledged that together with its G20 partners, Russia will be trying to solve these problems. He added that “declared priorities of the Russian government – encouragement of investments, ensuring of trust and transparency at markets and more efficient regulation, are aimed at that”. Putin reminded the audience that a G20 summit is due in St. Petersburg on September 5 to 6.
The president also said that “the chain of Russian chairmanships in international agencies will continue in 2014 and 2015, when Russia will host summits of G8, BRICS and the Shanghai Cooperation Organization”.