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.
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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.
During the recent visit of Ukrainian President Zelensky to London the UK Government did not spare words to reiterate its full support for Ukrainian reforms and territorial integrity. New calls were made for the implementation of the Minsk Agreements, the premise being that it is Russia and “Russia-backed separatists” who hamper the political process. Yet the reality is quite the opposite. We believe it is important to set the record straight: the Minsk Agreements and political engagements based on them are being persistently and deliberately ignored by Ukraine itself (with the connivance and, often, encouragement of its Western backers).
Referring to the subject of the BBC Series – White Helmets and James Le Mesurier – the Russian position is well-founded. Vast amounts of evidence on the ground as well as intelligence information which Russia has at its disposal unequivocally point to direct links between the White Helmets and terrorist organisations operating in Syria.
The suggestion that the Russian State may conduct any kind of propaganda against the AstraZeneca vaccine is itself an example of disinformation. It is obviously aimed at discrediting Russia’s efforts in combating the pandemic, including the good cooperation we have established with the UK in this field.
On 5 October 2020 Russian Ambassador to the UK Andrei Kelin held an online meeting with members of the All-Party Parliamentary Group on Russia. Members of both the House of Lords and the House of Commons, representing all major political parties of the country, took part in the conversation.
The Co-Chairs of the OSCE Minsk Group (Igor Popov of the Russian Federation, Stéphane Visconti of France, and Andrew Schofer of the United States of America) released the following statement today: The Co-Chairs strongly condemn the continued violence in the Nagorno-Karabakh conflict zone as well as against targets in the territory of Armenia and Azerbaijan away from the Line of Contact, and express our alarm at reports of increasing civilian casualties. Targeting or threatening civilians is never acceptable under any circumstances. The Co-Chairs call on the sides to observe fully their international obligations to protect civilian populations.
We noted the EU’s October 2 decision to adopt new restrictive measures as regards Belarus. A comment declaring response measures has already been released by Belarusian officials. We see that instead of displaying restraint, which is so vital for stabilisation in Belarus, the European Union has once again resorted to the instrument of sanctions. This approach is unilateral and illegal. It undermines the prerogatives of the UN Security Council and leads to the further erosion of international law.
There is growing concern regarding the professional credentials of Permanent Representative of the United States to the Conference on Disarmament Robert Wood. On October 1, 2020, during a briefing hosted by the Foreign Press Association at the United Nations Office in Geneva he said that he did not know what Russia’s initiatives to prevent an arms race in outer space were about. As a reminder, for 40 years Russia (and earlier the USSR) has consistently advocated the drafting of a multilateral legally binding instrument that would prohibit the deployment of weapons of any kind, as well as the use or threat of force in outer space.
On 26 September 2020 Third Secretary of the Embassy Vadim Retyunskiy presented the Ushakov medal to the Arctic Convoys veteran Mr William Geoffrey ROBINSON who was awarded this military honour by Decree of the President of the Russian Federation for his personal courage and bravery displayed in WWII.
The Russian Federation has been acting in the most transparent manner in the situation around Mr. Alexey Navalny from the very beginning. At the request of relatives, he was promptly granted permission to travel to Germany for medical treatment, which he did without hindrance, once the doctors at the Omsk hospital managed to stabilize his condition. Moreover, Russian doctors passed on to their German colleagues the data they had collected on the patient's health condition and were ready to continue to work together for the sake of his speedy recovery.
One of today’s major strategic challenges is the risk of a large-scale confrontation in the digital field. A special responsibility for its prevention lies on the key players in the field of ensuring international information security (IIS). In this regard, we would like to once again address the US with a suggestion to agree on a comprehensive program of practical measures to reboot our relations in the field of security in the use of information and communication technologies (ICTs).
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