Russian Export Centre Head Urges G20 to Discuss Revision of Int'l Rules Amid Growing Trade Barriers

© Sputnik / Alexey Danichev / Go to the photo bankTop Exec From Russia Urges G20 Heads to Discuss Int'l Rule Review Amid Increasing Trade Restrictions
Top Exec From Russia Urges G20 Heads to Discuss Int'l Rule Review Amid Increasing Trade Restrictions - Sputnik International, 1920, 03.06.2021
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The leaders of the G20, an international forum for the governments of the world's twenty biggest economies, are set to hold their annual meeting in late October in Rome, Italy.

The G20 leaders need to address increasing trade restrictions and revise international rules to make trade more predictable, head of Russian Export Centre (REC) joint stock company, Veronika Nikishina, said in a speech at the Saint Petersburg International Economic Forum on Thursday.

"The growth of restrictive measures that contradict the principles of the World Trade Organization is what should be on the agenda of G20 meetings," Nikishina argued, adding that businesses would feel more relaxed under stable and predictable international rule framework.
© Sputnik / Alexander Galperin / Go to the photo bankVeronika Nikishina
Russian Export Centre Head Urges G20 to Discuss Revision of Int'l Rules Amid Growing Trade Barriers - Sputnik International, 1920, 03.06.2021
Veronika Nikishina

The REC CEO also lamented the erosion of the existing trade ties, funding problems and a "containment policy" towards competitors that are deemed "dangerous" as hampering the international economic cooperation.

The Saint Petersburg International Economic Forum, an annual event for members of the international business community, is taking place in person on 2-5 June at ExpoForum Convention and Exhibition Centre in Saint Petersburg, Russia. The Rossiya Segodnya International Information Agency, an umbrella media organisation that includes such brands as Sputnik, RIA Novosti, InoSMI, and Baltnews, among others, is an official media partner of the country's major economic forum.

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