Putin discusses Russia’s economy growth with ministersBusiness & Economy September 24, 2:38
Lavrov warns against partition of SyriaRussian Politics & Diplomacy September 23, 0:00
Lavrov calls to coordinate Russian, US military action in SyriaRussian Politics & Diplomacy September 22, 21:05
Lavrov blames Obama administration for souring Russia-US tiesRussian Politics & Diplomacy September 22, 20:41
Waging war on Korean Peninsula inadmissible, says LavrovRussian Politics & Diplomacy September 22, 20:36
Russian Northern Fleet completes drills in ArcticMilitary & Defense September 22, 18:01
OPEC and non-OPEC countries to continue talks on oil production cut dealBusiness & Economy September 22, 17:28
Russian pair figure skaters Kavaguti, Smirnov retire from sportSport September 22, 16:48
Record number of delegations register for St. Petersburg-hosted IPU AssemblyRussian Politics & Diplomacy September 22, 16:47
The Business 20 (B20) is an informal network of national business communities and associations coming from the world’s twenty largest developed and developing countries (G20, the Group of Twenty).
Since its creation in 2010, it has been promoting an effective dialogue between business, G20 governments and international institutions (the World Bank, IMF, etc.), aiming to contribute to steady global economic growth while also protecting interests of national economies. Every year, the B20 prepares a set of recommendations on economic development for the G20 leaders.
In 2015, the B20 introduced regional consultation forums as an outreach to business communities from the countries outside it. The forums help to engage them in the discussion of global economic challenges and to factor in their opinion when drafting recommendations to the heads of G20.
The St. Petersburg International Economic Forum has been hosting B20 regional forums since 2015.
Here, they are usually organised by the Russian Union of Industrialists and Entrepreneurs (RSPP) and a representative of the country which is the current chair of the G20 (the B20 Executive Committee). This year, it is the German Committee on Eastern European Economic Relations (a member of the Federation of German Industries, BDI).