Development Working Group Meeting was held in Moscow
The first Development Working Group Meeting within Russia's Presidency was held on February 26-27, 2013 in Moscow (Russia). The representatives of the G20 Ministries and Official Development Assistance Agencies, as well as experts from the international organizations attended the meeting.
Ksenia Yudaeva, Chief of the Presidential Experts' Directorate and the Russian G20 Sherpa addressed the delegates with welcoming remarks.
She admitted that the G20 objective to achieve steady and balanced growth globally cannot be reached without assisting developing and least-developed countries in strengthening their own capacities for growth and establishing solid foundation to make such growth sustainable. Narrowing the development gap and reducing poverty can facilitate a more robust global economy for all. That is why the development agenda is one of the priorities of the Russian Presidency in the G20, and the work of the Development Working Group is central in delivering specific actions in this area.
According to Ms. Yudaeva, Russian Presidency considers the development assistance not as a complementary activity but as part of core efforts of the G20 aimed to reduce an impact of the crisis, especially on the poorest, and to build sustainable and resilient systems in the future.
She also stressed direct linkage between development and investments. One of the top priorities of Russia's agenda is financing for investment as a basis for economic growth and job creation. However, long-term and predictable financing for investment requires reliable systems that inspire confidence like seeds require fertile land.
Finally, Ksenia Yudaeva admitted the importance of collaboration of the G20 with social partners - Civil 20, Business 20 and Labour 20, in the area of development. Especially she emphasized the role of civil society organizations.
During the first meeting delegates supervised previous development commitments, discussed development agenda for the current year and launched the process for ensuring G20 self-assessment and accountability, as requested by Leaders in Los Cabos in order to reinforce and streamline the G20 efforts in the sphere of development.