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Putin: Russia to support Chinese chairing of G20 this year

EIJING, June 25. /TASS/. Moscow is ready to provide the necessary assistance to China during preparations and holding this year’s summit of the Group of Twenty (G20) as it already has experience in organizing these events, Russian President Vladimir Putin said after talks with his Chinese counterpart Xi Jinping.

"The Russian side will provide the necessary support for the Chinese friends during their current presidency in G20 and in preparation for the G20 summit due to be held on September 4-5 in China as we have already had presidency in this organization and know that the Chinese partners have a very serious approach to preparing for this event," Putin said in Beijing.

Russia and China have approaches that are very close or almost coincide, he said. "We will further closely coordinate our steps in international organizations, first of all in the SCO and BRICS," the president said.

Alongside Russia, the G20 group unites Argentina, Australia, Brazil, the United Kingdom, Germany, India, Indonesia, Italy, Canada, China, Mexico, Saudi Arabia, Turkey, France, South Africa, South Korea, Japan, the United States and the European Union.

G20 members account for 85% of the world economy and 80% of global trade. This year’s G20 leaders' summit will be held in the eastern Chinese city of Hangzhou.