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RIA Novosti

Russia

Medvedev questions G20 format - interview

"The G8, regardless of how it is respected, has shown that it is incapable of dealing with the [global financial] crisis alone," Medvedev said.
23:03 18/09/2009

MOSCOW, September 18 (RIA Novosti) - Russian President Dmitry Medvedev supports the solving of complex international issues on a multi-party level but does not believe the G20 format is universal.

Medvedev's statement came during a televised interview on Friday with Swiss correspondents before his upcoming visit to Switzerland September 21-22.

"The G8, regardless of how it is respected, has shown that it is incapable of dealing with the [global financial] crisis alone," Medvedev said.

He said because of the shortcomings of the G8, the new G20 format was created, but the Russian leader questioned whether this arrangement was inclusive and universal.

"It is unlikely because not all issues can be discussed by the 20 most important countries," he said, answering his own question.

When asked if Russia supported Switzerland's inclusion in the G20 talks, Medvedev said Switzerland should have a place in an international format because it is one of the world's leading financial centers.

"Switzerland is not just a beautiful mountainous country, and not just a country with an interesting history, but a serious financial center. I personally believe that we need to find formats for cooperation today that will allow us to solve problems," he said.

 

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RIA Novosti"The G8, regardless of how it is respected, has shown that it is incapable of dealing with the [global financial] crisis alone," Medvedev said.Medvedev questions G20 format - interview

23:03 18/09/2009 Russian President Dmitry Medvedev supports the solving of complex international issues on a multi-party level but does not believe the G20 format is universal.>>

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