brochure g20 russia eng (1)

8/12/2019 Brochure G20 Russia Eng (1)

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THE RUSSIAN PRESIDENCY OF THE G20:

OUTLINE

December, 2012


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December, 2012

THE RUSSIAN PRESIDENCY OF THE G20:

OUTLINE


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THE RUSSIAN PRESIDENCY OF THE G20: OUTLINE 5

TABLE OF CONTENTS

Introduction 6

1. Driving the Growth of the Global Economy: the Role of the G20 8

2. Priority Areas and General Approaches of the Russian Presidency of the G20 10

I. Framework or Strong, Sustainable and Balanced Growth and Financing or Investment 13

a. Global Economic Outlook and Implementation o the G20 Framework or Strong,

Sustainable and Balanced Growth 13

b. Financing or Investment 13

II. Jobs and Employment 14

III. International Financial Architecture Reorm 14

IV. Strengthening Financial Regulation 15

V. Energy Sustainability 16

VI. Development or All 16

VII. Enhancing Multilateral rade 17

VIII. Fighting Corruption 17

3. Events 18

Annex. Calendar of the Russian G20 Presidency 20

Glossary 23


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INTRODUCTION


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8

1. DRIVING THE GROWTH

OF THE GLOBAL ECONOMY:

THE ROLE OF THE G20


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Global economy continues to grow at a subdued

pace. In the advanced economies, risks seem

largely sel-inflicted and can only be resolved

through political compromise. Te fiscal cliff

in the U.S. has turned into a cliff-hanger. I an

appropriate solution is not reached to avert it, the

economys improving undamentals could be sty-

mied in 2013. At the same time, a balanced resolu-

tion o the budget impasse could accelerate next

years growth momentum.

Economic equilibrium and growth in the Euro-

zone can only be achieved through sustainable

resolution o the debt crisis. Te region is in a

tightening vise, caught between fiscal austerity

and opposing parties limited commitment to

alternatives (whether monetary or political). Soar, the worst effects have been avoided, but there

is a need to continue implementing a long-term

strategy.

Emerging economies growth expectations are be-

ing adjusted to these new global realities and to

the shifs in their own domestic trends. Never-

theless, they remain vulnerable to a growing list

o economic and geopolitical uncertainties. As a

result, conditions and prospects in certain regions

continue to diverge.

Te global recovery remains extremely ragile

with weak, unbalanced growth and large down-

side risks. o provide an adequate response, con-

certed international efforts must be directed at

addressing these vulnerabilities and ensuring that

governments implement the required policies to

restore inclusive and sustainable growth. Te G20

has played an important role during the crisis and

is looked upon or guidance in turbulent times.

Russia is convinced that we should embrace this

responsibility. Complacency must give way to re-

doubled efforts to affirm the G20s status as one

the most important global ora, and to ensure that

the G20 is capable o leading by example.

Te G20 has repeatedly shown its solidarity and

efficiency in sending positive signals in times ounolding economic turmoil. Now it is high time

or us to recognize the significance o multilateral

coordination at a time when a new wave o the cri-

sis is imminent, but has yet to emerge. Moreover,

positioning the G20 as the worlds premier orum

or economic cooperation requires joint efforts in

the interests o our people as a steering group or

the global economy with a broader vision, rather

than in the mode o a short-term crisis manager.

In our view, the most valuable contribution rom

the G20 in this sense would be to demonstrate

the political will, intellectual wisdom and practi-

cal readiness to find efficient solutions. Te con-

crete orm such a demonstration could be is in the

G20s commitments on policy coordination, and

strict compliance with them.


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2. PRIORITY AREAS AND GENERAL

APPROACHES OF THE RUSSIAN

PRESIDENCY OF THE G20


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Te core objective o the Russian Presidency is

to concentrate the efforts o the G20 the orum

o the worlds largest economies on developing

a set o measures aimed at boosting sustainable,

inclusive and balanced growth and jobs creation

around the world.

Prospects o weak global growth lie at the root o

several o the worlds economic problems, includ-

ing a deterioration o fiscal outlooks and bank

balance sheets. Low confidence levels are affect-

ing private consumption and investment, having

a negative effect on employment. Te structure o

the G20 work program or 2013 will address these

challenges.

Russia is convinced, that common goals o shared

global growth can be attained, and restored con-

fidence can be established among different ele-

ments o the global economy. We believe that re-

invigorating economic growth basing on a solidoundation o intensified financing or investment

is the key goal or our combined uture efforts, as

well as or measures adopted unilaterally.

Addressing major challenges to global economy is

a traditional ocus o the G20 agenda. Putting the

growth as the main goal o the Russian G20 Presi-

dency, we will ensure continuity o the dialogue,

and attach extra impetus to the G20 discussion,

acilitating urther implementation o the G20

commitments and building on the achieved re-

sults. Te overall agenda or the G20 in 2013 com-

prises both the legacy rom previous Presidencies

and several new ideas proposed by Russia. Russian

points o emphasis in the traditional areas o the

G20 activities will be clearly viewed.

Te discussion o the whole range o the closely

intertwined items o the G20 agenda has been

planned around the three overarching priorities,

all ocused on igniting a new cycle o economic

growth. We also look upon them as the three

watchwords or the Russian G20 Presidency:

Growth through quality jobs and investment;

Growth through trust and transparency;

Growth through effective regulation.

Tese 3 priorities o the Russian Presidency will

serve as a lens through which we propose to con-

sider and discuss the G20 agenda in 2013, com-

prising eight areas o the primary ocus o public

attention:

(1) Framework or strong, sustainable and bal-

anced growth;

(2) Jobs and employment;

(3) International financial architecture reorm;

(4) Strengthening financial regulation;

(5) Energy sustainability;

(6) Development or all;

(7) Enhancing multilateral trade;

(8) Fighting corruption.

o support the Russian Presidencys ocus on

boosting economic growth and job creation, two

new topics will be proposed or discussion, in-

cluding Financing or investment and Govern-

ment borrowing and public debt sustainability.


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We believe the proposed approach could yield

tangible results, establishing a solid base or ad-

dressing all the issues on the agenda. We as well

recognize the importance o establishing well-

structured dialogue to enhance the working pro-cess and come to tangible results.

In terms o the working process, Russia counsels

prudent orientation and pragmatism or the G20

process, and advocates streamlining the working

ormats and activities to ensure result-oriented

perormance.

Accordingly, during its Presidency year Russia

intends to limit the scope o ministerial involve-

ment in the G20 processes to the traditional

meetings o Finance Ministers and Central Bank

Governors. However, on a single occasion the

Presidencys innovation in the orm o a joint

meeting o Finance and Labour Ministers will be

put on trial. For the first time the G20 Ministerso Labour and Finance will meet to increase the

easibility o the measures developed to acilitate

job creation.

In 2013, Russia is planning to lead the G20 in

close cooperation with Mexico and Australia, its

partnering economies in the roika. We view the

legacy o Mexico, our predecessor, as highly rel-

evant to Russias objectives in 2013, and we will

proactively share our experience with our Austra-

lian successors.

International Financial

Architecture Reform

IMF quotas and

governance

reform

Government

borrowing and

public debt

sustainability

Fighting Corruption

Strengthening

Financial Regulation

Enhancing

Multilateral Trade

Energy Sustainability

Energy

infrastructure

and regulation

Predictable

energy markets

Green growth

GMEP Initiative

Framework for Strong,

Sustainable and

Balanced growth

Financing

for Investment

Jobs and Employment

Tackling structu-

ral unemployment

Employment of

vulnerable groups

Development for All

Food security

Infrastructure

Human capital

Financial inclusion

Post MDGs

Growth through

Effective

regulation

Quality jobs and

investments

Trust and

transparency

Figure 1. Te three-dimensional growth agenda for the G20 proposed by the Russian Presidency, top three

priorities are at the roof of the temple, with subtopics of each area given in the columns.


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Finally, the result-oriented approach promoted

by Russia or the G20 requires extensive consul-

tations with a very broad range o external stake-

holders. By enhancing our Outreach dialogue with

non-G20 states, international organizations (with

a special ocus on engaging the United Nations),

business circles, labour unions, civil society, uture

leaders, academia and think-tanks, we will not

only ensure legitimacy, transparency and efficiency

o the G20, but also expand our vision, come up

with better solutions, and generate cross-sectoral

synergy to enhance the public benefit o the G20.

A durable solution to the challenges presently

aced by the global economy requires effective pol-

icy measures. Te narration that ollows contains

brie introduction into the priority topics outlaidby Russia or the G20 in 2013.

I. Framework for Strong,Sustainable and BalancedGrowth and Financingfor Investment

a. Global Economic Outlook and Imple-

mentation of the G20 Framework for

Strong, Sustainable and Balanced

Growth

Decisive actions have been undertaken by G20 to

restore and strengthen global growth and to put

it on the sustainable path. Nevertheless, global

economic recovery is still ragile and large down-

side risks to the outlook remain, thus spurring the

need or in-depth analysis o economic policies

and well-coordinated actions o the G20s mem-ber economies.

One o the priorities o the Russian Presidency is

to address this problem through urther develop-

ment o the Framework or Strong, Sustainable

and Balanced Growth. Te Framework Working

Group (FWG) will address the ollowing topics:

Revision o country-specific medium- and

long-term public debt targets and develop

strategies to achieve them;

Enhancement o the Accountability Assess-

ment Process by extending the number o

indicators to enable more comprehensive and

precise macroeconomic analysis;

Analysis o the persistent imbalances among

the G20 members in fiscal, monetary, ex-

change rate and structural policy domains.

At least two group meetings are planned or Janu-

ary and July o 2013, complemented by conerence

calls. By the end o the year the FWG aims at deliv-

ering the G20 Saint Petersburg Action Plan, which

will assess key global risks or sustainable growth

and set out policy actions that should be taken by

member countries to mitigate these risks. An up-

dated report on the persistent imbalances in theG20 economies, as well as an enhanced Account-

ability Assessment ramework, and a review o the

progress on the previous G20 commitments will

also be presented.

b. Financing for Investment

Financing or investment is a key precondition or

economic growth and a principal actor or job

creation. However, ollowing the global economic

and financial crisis o recent years, the levels o

various types o investment have declined signifi-

cantly, especially in the developed countries. Te

main task o the G20 is to oster such an environ-

ment that would be more conducive to financing

or investment and identiying new sources or

long-term investment in the current global eco-

nomic landscape, in order to contribute to strong,

sustainable and balanced growth. Te Russian

Presidency is planning to provide room or ruit-

ul discussion on possible ways and practicalsteps to increase the amounts and effectiveness

o financing or investment. We suggest analyzing

public policy in this sphere, the role o private-

public partnerships (PPPs) and non-traditional

sources o long-term financing, debt and equity

markets, as well as FDIs. Te G20 efforts will be

ocused on the impact o the financial regulatory

reorms on financing or investment, banking sec-

tor capabilities and barriers, multilateral and na-

tional development banks, international reserves,

among others. Jointly with a large group o major


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international organizations (World Bank, IMF,

OECD, FSB, UN, etc.) the G20 will exert much e-

ort, which might lead to the ollowing results to

be presented at the G20 summit in September:

Strengthened public policy and improving

PPP in terms o promoting financing or in-

vestment;

Elaborated measures to support investments

in small-and-medium enterprises and start-

up businesses;

Measures to meet capitalization needs o

global banks;

Recommendations on regulatory changesthat would bring about change in banking

business models towards unding the real

economy;

Analysis o the role o possible sources o fi-

nancing or investment (institutional inves-

tors, equity markets, government guarantees);

Analysis o FDI trends, patterns and impact to

maximize their growth enhancing capacity;

Recommendations on how to increase MDBs

lending capacity.

II. Jobs and Employment

Active steps undertaken by the G20 countries to

overcome the negative consequences o the global

financial and economic crisis have led to improv-ing labour market conditions in most countries.

However unemployment and under-employment

are still on the rise in some countries, creating se-

vere strain on workers and their amilies. One o

the priorities o the Russian Presidency is to over-

come this problem by acilitating job creation. Te

ask Force on Employment (EF) will lead the e-

ort to address the ollowing topics:

Job creation through sound monetary and

fiscal policies, structural policies to oster

innovation and promotion o smaller enter-

prises;

Labour activation or the vulnerable groups;

Monitoring o labour market development

and progress on the previous G20 commit-

ments.

Tree ask Force meetings are planned: in Febru-

ary, June and October 2013. A special meeting o

Ministers o Labour jointly with Ministers o Fi-

nance is organized in July. By the end o the year,

the EF aspires to deliver:

A declaration o the G20s Labour Ministers;

A database o best practice policies to acili-

tate job creation and labour activation;

A set o recommendations on policies to

stimulate job creation and labour activation;

A progress report on implementation o the G20

commitments related to youth employment.

III . International FinancialArchitecture Reform

Te recent global financial crisis has revealed gaps

and deficiencies in the International Financial

Architecture (IFA). Addressing these gaps is one

o the main priorities o the G20. IFA Reorm is a

topic that includes a wide range o issues:

Governance and legitimacy o the interna-tional financial institutions;

Presence and efficiency o multilateral stan-

dards, guidelines and recommendations;

Issues o global liquidity, capital flows, re-

serve currencies, exchange rates, etc.

IFA Reorm should lay the oundation or a

stronger global economy and achieve a well-

balanced and eicient IFA to prevent the next


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crisis. o do that the Russian Presidency pro-

poses to work towards urther increasing the e-

iciency and legitimacy o the IMF governance

structure. he implementation o the IMFs

2010 Quota and Governance Reorm will be

particularly challenging. It will secure doubling

the IMF quota resources and reviewing the IMF

quota ormula in order to adequately relect the

current weights o its members. We will also

work on strengthening the IMF surveillance

ramework and multilateral analysis, including

the assessment o spillover eects and develop-

ing global liquidity indicators. he G20 will also

be encouraged to continue working on urther

development o the Regional Financial Arrange-

ments and strengthening o their cooperation

with the IMF. Continuing the implementationo the G20 Action plan to support development

o local currency bond markets will also be an

important topic. In this context the Russian

Presidency will deepen work on government

borrowing and public sustainability issues. he

IFA Working Group aspires to achieve the ol-

lowing results by the end o 2013:

Completed IMF 2010 Quota and Gover-

nance reorm;

Te review o the IMF quota ormula and

implementation o the 15-th general review

o quotas by January 2014;

Progress in developing global liquidity

indicators;

Completed implementation o the Action

Plan to support the development o local

currency markets;

Further development o RFA and establish-

ment o close cooperation between them and

the IMF;

Reviewed Guidelines or Public Debt

Management, which were introduced by

the IMF and World Bank or the irst time

in 2001.

IV. Strengthening FinancialRegulation

o prevent the resumption o the world crisis it is

important to strengthen financial regulation. One

o the G20s main tasks is to solve this problem by

providing the Financial Stability Board (FSB) with

avorable conditions to carry out its reorms. Te

FSB will lead a group o international standard

setting bodies in an effort to address the ollowing

topics:

Monitoring o Basel III implementation

among its members;

Adoption o the methodology or the selec-

tion o, and apply a supervisory regime to,domestic systemically important financial in-

stitutions (D-SIFIs);

Promotion o shadow banking regulation;

Development o the global legal entity identi-

fier (LEI) system;

Reduction o mechanistic reliance on Credit

Rating Agency (CRA) ratings;

Completion o the over-the-counter deriva-

tives reorm;

Completion o the FSB transormation into

a ull-fledged international organization and

specification o its internal governance rules

and procedures.

Te working plan will be closely linked to the key

G20 events and the current FSB activities. By theG20 Saint Petersburg Summit we expect to have

in place:

Te institutionalization process or FSB;

Further development and monitoring o the

too-big-to-ail regulatory ramework, in-

cluding a peer review o the FSBs recovery

plans and cooperation agreements or all

global SIFIs and the implementation o iden-

tification principles and prudential measures


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relating to domestic systemically important

banks (D-SIBs);

Adoption o policy recommendations to

strengthen regulation o the shadow banking

sector

Preliminary results o the launch o the global

legal entity identifier (LEI) system.

V. Energy Sustainability

Energy sector is a crucial growth engine or G20

members and the world economy as a whole and

a key to unlocking world sustainable develop-ment. Te Energy Sustainability Working Group

(ESWG) will lead the effort to address the ollow-

ing topics:

Making energy and commodity markets

transparent and more predictable;

Promoting energy efficiency and green

growth;

Sound regulation or energy inrastructure;

Ensuring global protection o the marine

environment.

wo ESWG meetings are planned at least or

February and June o 2013. Tey will be comple-

mented by extensive consultations throughout

the year. By the end o 2013 the ESWG aspires

to deliver:

Finance Ministers progress report on the

G20s contribution to enhancing transpar-

ency and unctioning o international com-

modity and energy markets;

Recommendations or setting up a rame-

work or orecasting commodity market

volatility;

Draf principles or efficient energy markets

regulation to stimulate inrastructure invest-

ments and integrate green growth and sus-

tainable development priorities into struc-

tural policies;

Recommendations on the voluntary peer re-

view process or ossil-uel subsidies;

A progress report on JODI-oil, and an initial

overview o the launch o JODI-gas;

A draf plan or a best practice database o

green energy and energy efficiency policies

and management approaches used by mem-

bers o the G20;

A ully operational GMEP website as a tool to

implement the Global marine environmentprotection initiative.

VI. Development for All

Building inrastructure and providing inclusive ac-

cess to basic amenities are required to spur econom-

ic growth. Tereore, the Russian Presidency has

positioned development as one o its priorities. Te

Development Working Group (DWG) is planning

to structure its work around the ollowing topics:

Food security with a ocus on agricultural

production increase and undernutrition;

Human resource development with a ocus

on a global skills database;

Financial inclusion with a ocus on financial

literacy and access to financial services bywomen, migrants and the youth;

Inrastructure with a ocus on long-term

financing;

Active participation in creating a post-2015

development agenda;

Development o an accountability mecha-

nism to assess progress on the previous G20

commitments.


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Te group is planning to meet our times: in Feb-

ruary, May, July and October o 2013. By the G20

Summit the DWG aspires to prepare draf Saint

Petersburg Development Action Plan and G20

Development Working Group Accountability Re-

port to be endorsed by the Leaders.

VII. Enhancing MultilateralTrade

Hardly could anyone argue that mutually ben-

eficial trade policies are crucial or ast global

recovery. One o the Russian Presidency priori-

ties is to strengthen multilateral cooperation in

order to find global solutions to the current eco-nomic difficulties and risks, and to avoid situa-

tions that create trade tensions among the G20

countries. Progress in the Doha negotiations is

also vital to meet these goals. With these consid-

erations in mind, the G20 needs to push orward

the strong demand or developing trade and in-

vestment as a growth driver, and the strong mul-

tilateral trading system as a necessary condition

or it. oday we are expected to contribute to

finding ways to solve the issues on the Doha

round agenda and lead the effort to address the

ollowing issues:

Curbing protectionism;

Strengthening and development o the multi-

lateral trade system;

Global value chains.

A wide range o joint activities o the G20 andother relevant international ora are scheduled

or 2013 with major checkpoints in July (release

o the 9th WO OECD UNCAD Report on the

G20 rade and Investment Measures) and De-

cember (WO Ministerial conerence). Beore

the Leaders Summit in Saint Petersburg will be

presented:

A reflection on the 9th WO OECD UNC-

AD Report on the G20 rade and Invest-

ment Measures;

Bries on addressing protectionism and

strengthening the multilateral trade system.

VIII. Fighting Corruption

Corruption is a great obstacle or effective growth

o the global economy. One o the main priorities

o the Russian Presidency is to fight corruption in

an efficient and intransigent manner. Te Anti-

Corruption Working Group (ACWG) will con-

tinue its work on the issue, structured around the

ollowing topics:

Start implementation o the G20 Anti-Cor-

ruption Action Plan 2013-2014. Guidance

will be sought and a number o ocus areaswill be pursued, including in promoting

UNCAC, urther independence o anti-

corruption agencies, interdicting oreign

bribery, combating money laundering and

proceeds o corruption, denial o entry or

corrupted officials, and other areas o the

Action plan;

Anti-corruption training to build a corrup-

tion-ree society;

Deepening the engagement o business com-

munity;

Financial transparency and disclosure or

public officials;

Eradicating corruption in major internation-

al events.

Tree ACWG meetings are planned: in February,April, and October o 2013. By the end o the year

the ACWG aspires to develop:

Te Tird Monitoring Report on the imple-

mentation o the G20 Anti-Corruption Ac-

tion Plan;

G20 Anti-Corruption raining Course;

Recommendations on proper conduct related

to major international events.


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3. EVENTS


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G20 Leaders Summit is scheduled or September

5-6th, and will take place at a amous historical

site - Konstantinovsky Palace at Strelnya.

Troughout the year o its Presidency Russia

is planning to hold five Sherpas meetings, five

meetings o Ministers o Finance, a joint meetingo Ministers o Finance and Labour, meetings o

working groups, and several side-events aimed at

supporting the G20 agenda.

Russia also sees much reliance on Outreach as the

key to the success o the year o its Presidency, and

will promote extensive Outreach dialogue with

various categories o stakeholders. Outreach con-

sultations will start as early as in December, 2012.

Final Outreach events are scheduled to be held in

June, 2013.

Please, see the detailed calendar o the events in

the Annex.

Russia has launched a special website

(URL: http://g20russia.ru), where all the latest

news and inormation concerning the calendar

and venues o the events, as well as official papersand other relevant inormation is published.


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ANNEX.

CALENDAR OF THE RUSSIAN

G20 PRESIDENCY


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G20 RUSSIAN PRESIDENCY CALENDAR

Main Outreach Events

Other G20 Events

Sherpa track meetings

Finance track meetings

DATE PLACE MEETING

DECEMBER 2012

11-12 Moscow, Russia G20 Sherpas' Meeting

11 Moscow, Russia Tink-20 Meeting

12 Moscow, Russia Civil-20 Meeting

12 Moscow, Russia Business-20 Meeting

13 Moscow, RussiaConerence on Russian G20 Presidency Program"Fostering Economic Growth and Sustainability"

JANUARY 2013

14-15 Delhi, IndiaFramework or Strong Sustainable and Balanced GrowthWorking Group Meeting

FEBRUARY 2013

13 Moscow, Russia International Financial Architecture Working Group Meeting

14-15 Moscow, RussiaG20 Finance Ministers' and Central Bank Governors' DeputiesMeeting

15-16 Moscow, Russia G20 Finance Ministers and Central Bank Governors' Meeting

19-20 Moscow, Russia Energy Sustainability Working Group Meeting

21-22 Moscow, Russia ask Force on Employment Meeting25-26 Moscow, Russia Anti-Corruption Working Group Meeting

26-27 Moscow, Russia Development Working Group Meeting

MARCH 2013


13-14 Moscow, Russia Seminar on Public Debt Management

APRIL 2013

TBC TBC Tentatively Energy Sustainability Working Group Meeting

17 Washington, USA Seminar on Financial Literacy and Financial Education

17 Washington, USA Seminar on International Financial Architecture Reorms

18 Washington, USAFramework or Strong Sustainable and Balanced GrowthWorking Group Meeting

18 Washington, USAG20 Finance Ministers' and Central Bank Governors' DeputiesMeeting

18-19 Washington, USA G20 Finance Ministers and Central Bank Governors' Meeting

BC Vancouver, Canada Anti-Corruption Working Group Meeting

MAY 2013


18-19 St Petersburg, Russia G20 Sherpas' Meeting

BC Paris, France Seminar on rade issues at the OECD


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DATE PLACE MEETING

JUNE 2013

3-4 St Petersburg, Russia ask Force on Employment Meeting

4-5 St Petersburg, RussiaConerence: "Rating Agencies In Te InternationalFinancial System"

5-6 St Petersburg, Russia FSB Plenary Meeting

6-7 St Petersburg, RussiaG20 Finance Ministers' and Central Bank Governors' DeputiesMeeting

11-12 Moscow, Russia Conerence: "Financial Literacy and Financial Education"

13-14 Moscow, Russia Civil-20 Summit

20-21 St Petersburg, Russia Business-20 Summit

18-21 St Petersburg, Russia Youth-20 Summit

20-22 St Petersburg, Russia St Petersburg International Economic Forum

BC St Petersburg, Russia G20 Experts Seminar on Energy Issues

BC St Petersburg, Russia Energy Sustainability Working Group MeetingTBC St Petersburg, Russia Tentatively Anti-Corruption Working Group Meeting

JULY 2013


17 Moscow, Russia Meeting o Social Partners (B20 and L20)

18 Moscow, Russia G20 Labour Ministers Meeting with Social Partners

18-19 Moscow, Russia G20 Labour Ministers Meeting

18-19 Moscow, RussiaG20 Finance Ministers and Central Bank Governors' DeputiesMeeting

19 Moscow, Russia Joint G20 Finance and Labor Ministers Meeting

19-20 Moscow, Russia G20 Finance Ministers and Central Bank Governors' Meeting

25-26 St.Petersburg, Russia G20 Sherpas' Meeting

SEPTEMBER 2013

2-5 St.Petersburg, Russia G20 Finance Ministers' Deputies Meeting

2-5 St.Petersburg, RussiaG20 Sherpas' Meeting and Joint meeting with FinanceDeputies

5-6 St.Petersburg, Russia ST PETERSBURG G20 LEADERS' SUMMIT

OCTOBER 2013

8-9 Washington, USA International Financial Architecture Working Group Meeting

9-10 Washington, USA G20 Finance Ministers' and Central Bank Governors' DeputiesMeeting

10-11 Washington, USA G20 Finance Ministers and Central Bank Governors' Meeting

13 Washington, USA Development Working Group Meeting

BC Geneva, Switzerland ask Force on Employment Meeting at the ILO

BC BC Anti-Corruption Working Group Meeting


28-29 Moscow, Russia Global Partnership or Financial Inclusion Forum and Seminar


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Glossary

ACWG:Anti-Corruption Working Group

CRA:Credit Rating Agency

DWG: Development Working GroupEME: Emerging Market Economy

ESWG:Energy Sustainability Working Group

ETF:ask Force on Employment

EU:European Union

FDI: Foreign Direct Investment

FSB:Financial Stability Board

FTA:Free-rade Agreement

FWG: Framework Working Group

G8: Group o Eight

G20:Group o wenty

GMEP: Global Marine Environment Protection

IFA:International Financial Architecture

ILO: International Labour Organization

IMF:International Monetary Fund

JODI:Joint Organizations Data Initiative

LEI:Legal Entity Identifier

MDB:Multilateral Development Bank

NGO: Non-Governmental Organization

OECD: Organization or Economic Cooperation and Development

PPP: Private-Public Partnership

RFA: Regional Financial Arrangements

RTA:Regional rade Agreement

SIFI:Systemically Important Financial Institution (D-SIFI: domestic SIFI)

WTO: World rade Organization

UN: United Nations

UNCAC:United Nations Convention Against Corruption

UNCTAD:United Nations Conerence on rade And Development


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