24 January 2018
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Briefing of Press Attache of Russian Embassy: "Russia’s G20 Presidency: Outcomes"

Russia’s G20 Presidency, now drawing to a close, was a success. One of the factors that secured this success was that Russia has been able to develop a unifying summit agenda reflecting major aspirations of both developed states and emerging economies. The interests of the least developed countries have found a proper representation as well.

Russia has made a wide range of innovative suggestions, which have been fleshed out in action plans and commitments of the participants. The ideas applied to economic growth stimulation, fiscal consolidation, expansion of employment, countering the erosion of taxation base, investments in the real sector, promotion of international development and a number of other issues.

Another strength of Russia’s G20 Presidency has been the unprecedented openness and outreach programme through an intensive dialogue with international and regional organisations, businesses and civil society. The St Petersburg summit has also highlighted the growing influence of the BRICS within the G20.

Russia’s G20 Presidency priorities took into account that the world economy is in a better shape than five years ago, in the wake of the global financial crisis. Economic growth is increasingly apparent despite considerable downside risks. Among the remaining issues are low global GDP growth rates, exceptionally high unemployment, insufficient investment in the real sector, persistence of fiscal problems in the US, Japan and the eurozone. A new challenge is a slowdown in emerging economies.

That is why the main priority of our presidency was growth and employment stimulation, primarily through investment, effective regulation and market confidence-building. Important decisions, taken in this regard at the St Petersburg Summit, included the St Petersburg Action Plan which put forward for G20 nations specific strategies aimed at achieving strong, sustainable and balanced growth. These take into account the need to combine policies to foster growth with medium-term fiscal consolidation goals and include steps to regulate labour markets and taxation, to develop human capital, upgrade infrastructure, etc. Such measures should increase confidence of financial markets to encourage them to invest more into the real sector, which is in itself an important step towards long-term stabilization of global and national economies.

Another important topic for the Russian Presidency was job creation. Russia has introduced a new integrated approach to policy in this area, taking into account macroeconomic, financial, fiscal, social and educational factors. For the first time in G20’s history, Russia hosted a joint finance and labour ministerial meeting with special attention paid to employment of vulnerable social groups.

Investment financing has become another innovation of the Russian Presidency. The goal is to find the most effective ways to improve investment climate and increase long-term investment flows. Important decisions have already been made in this regard by the leaders at the Summit, including development of high-level principles of long-term investment financing.

Once again, G20 has confirmed the importance of sound multilateral trade, including interaction within the WTO. Importantly, the leaders have agreed to extend their “standstill” commitments on protectionism until 2017, confirmed their willingness to increase transparency in international trade.

A new topic for G20, supported by the UK Presidency in G8, was the fight against tax base erosion and profit shifting, which we consider a deterrent to the attempts to erode soundness of national fiscal systems. The corresponding Action Plan and the agreement to jointly introduce a new tax information exchange standard were crucial in this regard.

Strengthening of global financial regulation continued to be one of the primary topics for the Russian Presidency. A comprehensive set of reforms is being implemented, including in such areas as the “too big to fail” problem and shadow banking regulation.

Other key topics discussed during the Summit and throughout our Presidency included fostering international development and assistance to HIPCs with a special progress report, fighting against corruption, encouraging energy cooperation, etc.

The Outreach Strategy was an important part of Russia’s G20 Presidency. It was aimed to win support from different outreach groups, such as Business 20, Think 20, Civil 20, Youth 20 and Labour 20, which all contributed to G20 policy-makers’ discussions and demonstrated great potential to deliver added value to the final G20 Summit documents.

Russia had a very constructive dialogue with UK Government, experts and outreach partners throughout the Presidency and we look forward to our continued co-operation with Australia as the next G20 Chair. Fruitful discussions with the Australians have already taken place in Moscow last week.

In Russia’s perspective, ongoing co-ordination of approaches in macro-economic policy issues is what makes the G20 so unique and relevant for all countries alike in current volatile global economic environment. We hope that Russia’s Presidency has contributed to the process of international co-operation, and we remain committed to our continued active participation in this important format.


17.01.2018 - Ambassador Alexander Yakovenko's remarks at the unveiling of memorial plaque in Sayes Court Park

Dear Mayor, Dear Councillors, Lady Joan, Ladies and gentlemen, It is now 320 years ago that a truly remarkable man set foot in Deptford. As you know, the Russian Tsar Peter, later named the Great, visited Western Europe in 1697—1698 under the nickname of Peter Mikhailov, with his Grand Embassy. He was eager to find out about the latest achievements in science and technology and create new diplomatic alliances. Of course, England couldn’t escape his attention. He mostly studied shipbuilding at the famous Deptford Dockyard, but he also met King William III, and, reportedly, Isaac Newton. Peter’s landlord, the famous John Evelyn, was also a respected scientist – a founder member of the Royal Society.

13.12.2017 - Ambassador Alexander Yakovenko's remarks at the Presentation of the 2018 FIFA World Cup Russia by Russia 2018 Local Organising Committee.

Ladies and gentlemen, dear friends, I am pleased to welcome you to the Russian Embassy at the Presentation of the 2018 FIFA World Cup Russia by Russia 2018 Local Organising Committee. It’s a common knowledge, that football is the most popular game in the world. It is an honour for us to host the 2018 FIFA World Cup for the first time in the history of our country. I believe that those who come to Russia to support their national teams will leave with unforgettable memories.

08.12.2017 - Ambassador Alexander Yakovenko's remarks at the Roscosmos "Sputnik" exhibition launch at Rossotrudnichestvo

Ambassador Alexander Yakovenko's remarks at the Roscosmos "Sputnik" exhibition launch at Rossotrudnichestvo (7 December 2017)

25.11.2017 - Ambassador Alexander Yakovenko's remarks at the reception at the Embassy dedicated to Russian Film Week (24 November 2017)

Ladies and gentlemen, Dear friends First of all, I would like to pay tribute to the outstanding Russian opera singer Dmitri Hvorostovsky who passed away this week. In 2015 he gave a concert in this very hall. I am delighted to welcome you at our reception dedicated to the Russian Film Week and the environmental causes it champions. This year their charity partner is World Wide Fund for Nature, which runs many projects in Russia in coordination and with support of the Russian Government. Russia has a unique, fascinating wildlife. A number of this week’s films show the natural beauty of our land and are sure to raise awareness of how fragile this beauty is. We appreciate the WWF effort in Russia and worldwide and call on everybody to become a supporter, especially this year, marked as Year of Ecology in Russia.

20.11.2017 - Ambassador Alexander Yakovenko's remarks at the launch of the Russian Film Week (19 November 2017)

Ladies and gentlemen, It is a pleasure for me to be at the opening of the second edition of the Russian Film Week here in London – which this year also spans to Cambridge and Edinburgh.

16.10.2017 - Unpublished letter to the Editor of The Times (sent 12 October)

Sir, If British MPs are free to speak out, wherever they wish, on any issue, why try to block their freedom of speech (“Helping Putin”, 11 October)? If a TV channel wants (and is legally bound) to present different points of view, why slam those who express these views? If the mere act of giving an interview to foreign media amounts to high treason, why does The Times interview Russian politicians without fear? And finally - while MPs critical of Russia are welcome guests on the Russian TV channel RT, does your paper give the same treatment to those critical of the paper’s owner? Konstantin Shlykov Press Secretary of the Embassy of the Russian Federation

25.09.2017 - PRESENTATION by Metropolitan Hilarion of Volokolamsk at the Christian Future of Europe Conference 22 September 2017, London

Your Eminences and Your Excellencies, dear Mr. Ambassador, conference organizers and participants, I cordially greet all of those gathered today at the Russian Embassy in London to partake in this conference dedicated to the question of the future of Christianity in Europe. This topic is not only not losing any of its relevance, but is resounding ever anew. Experts believe that today Christianity remains not only the most persecuted religious community on the planet, but is also encountering fresh challenges which touch upon the moral foundations of peoples' lives, their faith and their values. Recent decades have seen a transformation in the religious and ethnic landscape of Europe.

23.09.2017 - Ambassador Alexander Yakovenko's remarks at presentation of the book "The Mystery of Repentance" held at the Russian Embassy

I’m glad to welcome you here to a discussion of two prominent hierarchs of the Russian Orthodox Church and the Church of England, on Christian future of Europe.

12.09.2017 - Ambassador Alexander Yakovenko's remarks at the exhibition opening (“Scythians: Warriors of ancient Siberia” 12 September, British Museum)

Today the British Museum and the State Hermitage of Saint-Petersburg are once again proving their unique world class by bringing a whole new civilization to London. Ancient, and almost mythical, but creative, powerful and very different from what we have all known about antiquity – the Scythians.

14.07.2017 - Letter of Consul General Mr Andrey Pritsepov to the Herald newspaper, published 13.07.2017

I NOTE a rather questionable article by Mark McLaughlin (“Russians lurking near Faslane to eavesdrop on nuclear submarines", The Herald, July 11). Do you really believe that 145 million Russians would elect a leader who would command his nuclear submarines to chase someone's sole and lonely operative U-boat which is firing missiles in the opposite direction or Type 45 destroyers with faulty engines or an aircraft carrier without aircraft on it, all of them being located in Scottish waters?

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