KyivPost

Russia as G-20 president to revise previous group's obligations

Print version
June 20, 2012, 10:43 a.m. | Russia and former Soviet Union — by Interfax-Ukraine

Russia’s President Vladimir Putin, left, listens to Indonesian President Susilo Bambang Yudhoyono during the G-20 summit in Los Cabos, Mexico.
© AP

Russia as the G-20 president is going to revise decisions made by the group earlier, Russian President Vladimir Putin told a news conference in Los Cabos, Mexico.

"The subjects shaped at Los Cabos will be developed during Russian presidency in the G-20," Putin said.

Russia is going to preserve continuity in the forum's activity and center on discussing problems which G-20 was called to resolve, he said.

"One should continue reforming the international financial and currency system, strengthen international financial institutions, continue changes in the sphere of regulating international financial markets," Putin said.

"We will also continue debates on such non-financial issues as energy climate, world trade and development assistance," he said.

The agenda of the next G-20 summit due in St. Petersburg in the fall of 2013 will be based on scenarios of global economy development, he said.

"But I can say now that we will revise all obligations that G-20 undertook earlier," Putin said.

The Kyiv Post is hosting comments to foster lively debate. Criticism is fine, but stick to the issues. Comments that include profanity or personal attacks will be removed from the site. If you think that a posted comment violates these standards, please flag it and alert us. We will take steps to block violators.

KyivPost

© 1995–2014 Public Media

Web links to Kyiv Post material are allowed provided that they contain a URL hyperlink to the www.kyivpost.com material and a maximum 500-character extract of the story. Otherwise, all materials contained on this site are protected by copyright law and may not be reproduced without the prior written permission of Public Media at news@kyivpost.com
All information of the Interfax-Ukraine news agency placed on this web site is designed for internal use only. Its reproduction or distribution in any form is prohibited without a written permission of Interfax-Ukraine.