Putin will propose measures to regulate trade at second G20 session

Business & Economy December 01, 2018, 1:21

Russian presidential aide Yury Ushakov said Putin will propose measures aimed at strengthening WTO's roles as an universal platform for resolving disputes

BUENOS AIRES, November 30. /TASS/. The G20 summit with participation of Russian President Vladimir Putin continues in Buenos Aires. The second session devoted to building consensus has started at Centro Costa Salguero.

The session is held behind closed doors, with no reporters invited for coverage. Russian presidential aide on international affairs Yury Ushakov told journalists earlier that organizers of the G20 session decided to "break down" the discussion into two parts. Participants in the session plan to discuss intermediate results in achieving sustainable development goals set for 2030.

On November 30, the summit's first day, G20 leaders will focus on international trade, and Putin will make a speech on the topic, according to Ushakov. The Russian president is expected to propose measures to strengthen the role of the World Trade Organization(WTO) as a universal platform for resolving disputes.

"The first part of the session will be devoted to relevant issues in international trade, finanical and tax system. We signed in our president as one of the main presenters," the presidential aide said noting that Putin will present a comprehensive report, not just remarks and comments. "He will express his opinion about existing imbalances in world trade, about problems pertaining to escalation of trade conflicts, about our position on instances of imposing unilateral discriminatory restrictions. Moreover, the president will propose measures aimed at strengthening WTO's roles as an universal platform for resolving disputes and for dialogue on global trade and economic issues," Ushakov said.

The second session will continue on December 1. The G20 leaders will talk about climate change and prospects for fully implementing the Paris Agreement signed at the session of the Conference of the Parties to the United Nations Framework Convention on Cimate Change on 12 December 2015. The sides will also consider providing assistance to Africa, developing state and private partnerships in the interests of industrialization and increasing infrastructure on the continent.

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