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Sunday, September 4, 2016

G20 summit kicks off in China

G20 summit kicks off in China LIVE UPDATES

World leaders have gathered for this year’s two-day G20 summit of the world's major economies in Hangzhou, China. As the leaders address global economic challenges and the issues of global security, RT brings you the details of the issues covered.
  • 04 September 2016
    11:06 GMT
    Russian President Vladimir Putin and his US counterpart Barack Obama have agreed to have a separate discussion on the sidelines of the G20 summit, TASS reported on Sunday, citing Putin’s Press Secretary Dmitry Peskov.
  • 09:35 GMT
  • Russian President Vladimir Putin and UK Prime Minister Theresa May discussed efforts to tackle terrorist threats, as well as the Syrian crisis and aviation safety at a meeting on the sidelines of the G20 summit, Russian Economic Development Minister Aleksey Ulyukayev said on Sunday.
    The sides have discussed a wide range of issues, which are challenging in the current situation, and tried to find contacts, where it is possible to renew the dialogue,” the minister told reporters, as reported by Sputnik news agency.
    First of all they are the issues of security, of struggle against terror threat, the issues of settlement in Syria, of fight against drug trafficking and aviation safety,” Ulyukayev said.

    Both sides pointed out negative developments in trade and investment sectors, while Putin declared a readiness to promote cooperation between the finance departments of the two governments.
    May expressed her wish to have a “frank and open relationship” with Moscow despite the different points of view on a number of issues, AP reported.
    While I recognize there will be some differences between us, there are some complex and serious areas of concern and issues to discuss, I hope we will be able to have a frank and open relationship and dialogue,” May stated.
  • 09:18 GMT
    Russian President Vladimir Putin and his Turkish counterpart Recep Tayyip Erdogan have discussed the prospects of lifting of Russia's ban imposed on Turkish food products, Russian Economic Development Minister Aleksey Ulyukayev said on Sunday.
    It has been discussed in the context that we are working on lifting these restrictions,” Ulyukayev told reporters, as cited by TASS, adding that Russia needs to make sure that Turkish companies that aspire to import their agricultural products to Russian meet quality standards.
    Moscow imposed several restrictive measures on Ankara after the last year’s downing of a Russian Su-24 bomber by Turkish F-16 fighter jets over Syrian territory, which saw a Russian pilot killed. These measures included a ban on a number of food imports and on charter flights to Turkey. eased in June, when the Erdogan officially apologized to Putin. The ban on charter flights was lifted, but the ban on food imports still holds.
    The leaders also talked about NPP, Turkey’s first nuclear power plant currently under construction by Russia’s company Rosatom. Ulyukayev said that the project is “developing positively” and is to be put into operation within the timeframe set out in the contract.
    With regard to [Akkuyu NPP] the situation is developing rather positively. The Turkish side has fulfilled its promises […] and declared the project as being of strategic importance. We are highly confident that the first stage of the project will be put into operation within the timeframe set out in the contract, which is seven years I believe,” the minister said.
  • 03:55 GMT
    Washington and Moscow have reached common ground on many technical issues related to the settlement of the conflict in Syria, the parties have yet to resolve but a few remaining “tough issues,” US Secretary of State John Kerry said on Sunday.
    We will meet tomorrow morning and see whether or not it is possible to bridge the gap and come to a conclusion on these couple of issues,” Kerry said after meeting with Russian Foreign Minister Sergey Lavrov on the sidelines of the summit.
    President Barack Obama, meanwhile, said that despite working “around the clock,” US and Russian negotiators “are not there yet” in reaching a deal to reduce violence in Syria as they have “grave differences.”
    Addressing the Syria crisis during a meeting with British Prime Minister Theresa May, the US leader also expressed skepticism over the prospect of enabling the cessation of hostilities in the Middle Eastern country, as previous ones have failed to hold, but said it's “worth trying.”
  • 02:50 GMT
    In the opening remarks to the summit, Chinese President Xi Jinping said the world economy is currently recovering, but still faces multiple challenges in finance, trade and investment. He noted that the aim of the summit is to discuss innovation in the economic sphere, as well as ways to make global economic and financial governance more efficient. Xi stressed the need for G20 meetings to be transformed into a mechanism that generally guides the global economy, not merely waits for crises to appear, AP reported on Sunday.
    The president also remarked on the BRICS group alliance between Brazil, Russia, India, China and South Africa, noting that this bloc of emerging market powerhouses should grow alongside the Group of 20. The BRICS leaders are to meet next month at their own summit in India. 

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