1. Russian President Vladimir Putin has addressed German public directly ahead of G20 summit

Russian President Vladimir Putin has addressed German public directly ahead of G20 summit

Russian President Vladimir Putin has addressed the German public directly ahead of the G20 summit in Hamburg, writing an exclusive op-ed for the German newspaper Handelsblatt.

By: | Berlin | Updated: July 7, 2017 4:54 PM
Vladimir Putin, Russian President, G20 Summit, Russia, Angela Merkel, German Chancellor, Berlin, Hamburg, Protectionism, International News, World News, Financial Express Putin stressed his belief in common ground shared by Moscow and Berlin in the areas such as climate change and praised the G20 as a necessary and effective forum for resolving transnational issues.(Reuters)

Russian President Vladimir Putin has addressed the German public directly ahead of the G20 summit in Hamburg, writing an exclusive op-ed for the German newspaper Handelsblatt.The G20 had been a successful “instrument of global crisis management” during the 2008 financial crisis and was needed more than ever in light of heightened geopolitical and environmental risks in 2017, the Russian President wrote on Thursday, Xinhua news agency reported.

“Russia welcomes the widening of the G20’s agenda. I hereby refer to… sustainable development, climate change, the fight against terrorism and corruption, as well as healthy, migration- and refugee policy.”Putin congratulated German Chancellor Angela Merkel for Germany’s efforts to host a constructive summit marked by mutual respect. He warned, however, that the tasks faced by the G20 were daunting.

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“Older economic models are almost obsolete. Protectionism is becoming the norm. Politically-motivated and one-sided sanctions in areas such as investment, trade and technology transfers are another hidden form thereof. In our view, such sanctions do not just lack perspective, they contradict the principals of the G20 to work together towards the interests of all countries of the world.

“The article went on to emphasise Russia’s commitment to free trade and combating climate change.He was convinced that “only trade based on open and uniform norms and standards” could promote global growth, Putin wrote.

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