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  • Business 20 Chair Alexander Shokhin

Alexander Shokhin: Outreach dialogue provided a significant input into a successful presidency

Business 20 Chair and President of the Russian Union of Industrialists and Entrepreneurs Alexander Shokhin has written an article for the "Biznes Rossii" (Business of Russia) magazine, where he is sharing his views on the outcomes of the G20 Leaders' Summit and the Business 20 activities, as part of Russia's Presidency.

"Key event of the Russian G20 Presidency, the St.Petersburg Summit, was held on September 5-6. Participants, partners and experts all say that the Summit and Russia's Presidency were, on the whole, successful," Alexander Shokhin stresses.

The Business 20 Chair also gives his evaluation of the results of the dialogue between Leaders and outreach groups during Russia's G20 Presidency. "As a result of well-coordinated work, the G20 has found decisions on top-priority issues of the agenda, including measures to ensure macroeconomic stability, to attract long-term infrastructure investment, to create quality jobs and improve financial regulation," he notes. "The system of structured dialogues between the G20 and outreach groups came about as an important element of this successful presidency," Mr Shokhin underlined.

He also notes great significance of the G20 Leaders' meeting with the social partners during the St.Petersburg Summit, as well as of the fact that many of business community's proposals were reflected in the G20 Leaders' Declaration. "Indeed, the G20 documents which have been adopted include our recommendations on all seven aspects of the Business 20 work this year," the President of the Russian Union of Industrialists and Entrepreneurs emphasizes.

Alexander Shokhin said the Business 20 strived to ensure that the G20 decisions-making process takes notice of the interests of small and medium-sized businesses, as well as those of business leaders.

"Russia's Presidency has yet to come to an end. However, we can already see that we are leaving a strong legacy for Australia's Presidency and B20-G20 cooperation in the years to come," he concludes.

Full version of Alexander Shokhin's article you can find here (only Russian version)