19 August 2022
Moscow: 11:12
London: 09:12

Consular queries:  
+44 (0) 203 161 8858  
[email protected]  

 
1629 days have passed since the Salisbury incident - no credible information or response from the British authorities                                                                                                                                                                                                                                                                                                                                                     1621 days have passed since the death of Nikolay Glushkov on British soil - no credible information or response from the British authorities

PRESS RELEASES AND NEWS

27.03.2020

Vladimir Putin took part in the Extraordinary Virtual G20 Leaders’ Summit

Vladimir Putin took part in the Extraordinary Virtual G20 Leaders’ Summit.

The summit focused on fighting the coronavirus pandemic and its impact on the global economy.

Taking part in the virtual summit on the Russian side were Finance Minister Anton Siluanov and Representative of the President of the Russian Federation in the G20 (Russia’s G20 Sherpa) Svetlana Lukash.

* * *

President of Russia Vladimir Putin: Your Majesty, colleagues,

It appears to me that the current problems caused by the new coronavirus pandemic will result in far greater shocks than the financial crisis of 2008–2009, and the trade conflicts and sanctions are worsening the recession.

From our point of view, the key risk lies in long-term unemployment which, regardless of the future scenario, will peak much higher than in 2009. Unemployment dynamics will also serve as a key efficiency indicator for our anti-crisis measures.

The current crisis will inevitably take its toll on global development, and for the long term. Therefore, certainly, we cannot afford to act with an every-man-for-himself approach, our colleagues have said a lot about it already. I absolutely agree with that.

I will start with the top-priority tasks in healthcare.

First. As has been said, of course it is necessary to continue a regular exchange of credible information about the pandemic’s progress in our countries and about the actions being taken. It was also brought up that it is necessary to provide aid to the African countries. I believe that overall today, the World Health Organisation should channel its efforts to detecting hidden coronavirus epidemics in the countries that are not able to organise testing. Also, joint research by our countries could significantly expedite the development of vaccines and medications.

Now, a few words about the economy. The Russian Government is allocating 1.2 percent of Russia’s GDP to fight this crisis. Russia’s Central Bank is providing approximately the same amount of support. But all of us, the Group of 20, need a common action plan to stabilise the situation, support our economies and restore trust across global markets.

Of course, national budgets should play a key role in increasing global demand. However, due to the high volatility of global markets that we see every day, borrowing options are limited for many countries – and we must also take this into account.

The situation is getting complicated. In this respect, it is very important, it is extremely important now to ensure access to financing for countries that are suffering from resource shortages, I mean especially countries that have been affected by the crisis and pandemic. In this regard, we could consider creating a special fund under the auspices of the IMF, financed primarily by the central banks that issue currencies included in the IMF basket, and then granting the right to any IMF member to borrow money from this fund in proportion to his share in the world economy at a zero rate for the long term.

A lot has also been said about the need to ensure supply chains. This is certainly important. But it is equally important to create so-called green corridors for the duration of the crisis, free from trade wars and sanctions, for the mutual supply of medicines, food, equipment and technology.

Ideally, we should impose a moratorium, a joint moratorium on restrictions on essentials, as well as on financial transactions for their procurement. And first of all, I am talking about countries that are suffering the most from this pandemic. In the end, this is a question of life and death of people, it is a purely humanitarian issue. We need to cleanse these issues from all kinds of political husk.

When keeping the G20’s traditional cooperation between the ministries of finance, the central banks and Sherpas, we could strengthen our cooperation at the economic adviser level during this crisis. They have direct access to state leaders and can make decisions urgently, informally and quickly.

And in conclusion, I would like to say a few words about global international organisations. Obviously, they lack mechanisms for automatic stabilisation in the event of a crisis. And so, it is necessary to efficiently and as quickly as possible, work through and resolve all the issues related to their reorganisation.

Thank you for your attention.

 




LATEST EVENTS

17.08.2022 - Letter to the Editor of “Financial Times” on the article “Russia rebuffs calls to allow access to Ukraine nuclear power plant” (12/08/2022), 15 August, 2022

Assuming the worst about Russia’s motives seems to have become instinctive to some Western media. However one wonders whether twisting facts to fit the prearranged narrative may pose risks not just for editorial standards but indeed the safety and well-being of all Europeans.


16.08.2022 - Embassy comment on hostile actions by YouTube, 16 August, 2022

On 15 August, YouTube deleted without warning 29 videos from the Embassy channel. Most of the videos were Russian Ambassador to the UK Andrei Kelin’s interviews dated from 3 March to 15 August 2022.


08.08.2022 - Embassy comment on the current situation around the Zaporozhye nuclear power plant, 8 August, 2022

The Zaporozhye NPP was secured by Russian military servicemen at an early stage of the ongoing Special Military Operation with a clear objective – to prevent Ukrainian nationalist formations and foreign mercenaries from carrying out deliberately staged provocations and “false flag” attacks with predictably catastrophic consequences. The plant is run by the Ukrainian energy operator, but Russian military servicemen ensure the safety and security of the power plant.


08.08.2022 - Comment by Foreign Ministry Spokeswoman Maria Zakharova on anniversary of the August events of 2008 in the South Caucasus, 8 August 2022

Today, on the 14th anniversary of the beginning of Georgia’s military aggression against the people of South Ossetia and the Russian peacekeepers of the Joint Peacekeeping Forces in the zone of the Georgian-South Ossetian conflict, we yet again pay the tribute to the memory of the victims of that treacherous attack and to the courage of those who sacrificed their lives to save the South Ossetian people from extirpation.


06.08.2022 - Statement by Mr. Igor Vishnevetskii, Deputy Head of the Russian Delegation, at the 8th Plenary Meeting of the 10th NPT Review Conference, 6 August 2022

Right during our meeting, alarming information is coming about the situation at the Zaporozhye NPP. Just two hours ago, the Ukrainian armed forces shelled the Zaporozhye NPP with large-caliber artillery. The shells hit the facility distributing electricity to the plant, which is fraught with the risk of its blackout.There is a fire in the area of the shelling as pipelines were damaged.


05.08.2022 - Statement by Mr. Andrey Belousov, Deputy Head of the Delegation of the Russian Federation at the Tenth Review Conference of the Parties to the Treaty on the Non-Proliferation of Nuclear Weapons (Cluster I, Nuclear Disarmament) 5, August 2022

Nuclear disarmament is at the forefront of the international agenda. Despite visible progress in strategic arms reduction, the nuclear powers are accused of almost sabotaging their disarmament obligations. We cannot agree with this interpretation, at least with regard to the Russian Federation.


05.08.2022 - Foreign Minister Sergey Lavrov’s statement and answers to media questions following ASEAN ministerial meetings, Phnom Penh, August 5, 2022

We held a Russia-ASEAN Foreign Ministers’ meeting. This is an annual event. We reviewed the implementation of the agreements reached at the Russia-ASEAN summit in the autumn of 2021 held via videoconference. The summit adopted an important document – the Comprehensive Plan of Action (CPA) to implement the Association of Southeast Asian Nations and the Russian Federation strategic partnership (2021–2025).


03.08.2022 - Foreign Minister Sergey Lavrov’s remarks and answers to media questions following talks with Foreign Minister of the Republic of the Union of Myanmar Wunna Maung Lwin, Nay Pyi Taw, August 3, 2022

We held good talks with our colleagues from Myanmar. This year, we have intensively developed contacts in all areas. Our mechanisms for cooperation include the trade, economic, military, military-technical, humanitarian and education fields.


02.08.2022 - Statement by Mr. Igor Vishnevetskii, Deputy Head of the Delegation of the Russian Federation at the 10th NPT Review Conference (General Debate), New York , August 2, 2022

In over half a century of its existence, the Treaty has become a key element of the international system of security and strategic stability. The obligations stipulated by the Treaty in the areas of non-proliferation, disarmament, and the peaceful use of nuclear energy fully serve the interests of nuclear and non-nuclear-weapon states alike.


02.08.2022 - Foreign Ministry’s statement on personal sanctions on British politicians, journalists, and businesspeople, 1 August, 2022

In response to the British government’s expanding list of personal sanctions on the leading representatives of Russia’s social and political circles, business and the media, Russia has included the British politicians, journalists, and businesspeople, who promote London’s hostile policy aimed at demonising Russia and isolating it internationally, on the Russian “stop list.”



all messages