Negotiations on the International Monetary Fund reform are to be completed by the G20 summit to be held in November in Seoul, an aide to the Russian president said on Saturday.
Arkady Dvorkovich said that sherpas, or personal envoys of country leaders, agreed "to complete the negotiations so that they could be approved at the summit."
"The negotiations are difficult, but, according to an agreement between sherpas, we should complete them by the year-end, by the G20 summit in Seoul," he told journalists in Toronto.
The Russian government has repeatedly called for urgent reforms of international financial institutions, to give emerging economies more votes in decision-making.
TORONTO, June 26 (RIA Novosti)