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ST. PETERSBURG, July 24 (Itar-Tass) - The Fourth G20 Sherpas’ Meeting will be held in St. Petersburg on July 25-26 within the framework of the preparatory process towards the G20 Leaders' Summit.
The meeting will be aimed at summarising previous activities on various work strands of the Russian G20 Presidency year.
The meeting agenda will be focused on the discussion of the results of the G20 working groups' (both the Finance and the Sherpas’ tracks) activities. The issues of global economy and finance, employment, multilateral trade, sustainable energy, as well as facilitating development and anticorruption will be discussed. Likewise, Sherpas will consider the outcomes of the Ministerial meetings, scheduled for July 18-19, namely, the G20 Finance Ministers Meeting, the G20 Labour Ministers Meeting, as well as their Joint Meeting which is to be convened in such a format for the first time in the G20 history.
Additionally, at the meeting the short list of the outreach groups’ (Business 20, Civil 20, Y20 Russia, and Labour 20) recommendations for the G20 Leaders will be discussed. The work on this strand has been undertaken from the very beginning of the Russian Presidency, and preliminary results and recommendations have already been shared with the G20 Sherpas on numerous occasions. On the one hand, it helped better focus outreach activities on the official track agenda, while, on the other hand, it allowed Sherpas to receive feedback from partners representing various outreach groups, thereby enhancing the transparency and efficiency of the G20 decision-making process.
The main outcome of the Fourth G20 Sherpas’ Meeting will be specific building blocks of recommendations on various work strands of the Sherpas’ track that will later form the G20 Leaders’ Declaration. These building blocks will be finalised at the following Sherpas’ Meeting that will take place on the eve of the Leaders’ Summit in September.