On September 4, 2016 the President of Kazakhstan Nursultan Nazarbayev has arrived to People’s Republic of China, Hangzhou for participation in in the Summit of the G20, has met with number of heads of states and heads of delegations and on September 5, 2016 has held a briefing following the results of a visit to the People’s Republic of China.
A number of fruitful bilateral meetings with heads of other states and delegations during which substantial exchange of opinions on various questions which are of mutual interest have taken place on the sidelines of the summit.
During the briefing for representatives of domestic media the Head of state has noted that he participates in the Summit of the G20 for the second time and this year by the invitation of the Chinese President Xi Jinping.
During the Summit Nursultan Nazarbayev has noted that the current Summit of the G20 is held in the hard time full of hopes.
– Growth rates of world economy, trade and capital flow decrease. It affects welfare of millions of people. There is a formation of the new transcontinental trade and investment associations capable to lead to decrease a role of the WTO and fragmentation of world economy. These processes can become the beginning of a new stage of fight for spheres of influence in the world markets, – the President of Kazakhstan has told.
The head of the state has emphasized that the way on which global development will go in many respects depends on coordination of actions of all world community.
In this regard, Nursultan Nazarbayev has expressed opinion that the uniform global organization has to play the leading role in the international regulation of economy and finance.
– Such structure can be created by transformation of Economic and social council of the UN to Council of global development. Functions of the Global economic regulator have to be assigned to him, – the President of Kazakhstan has told.
According to the Head of the state, now coordination of monetary and fiscal policy, structural reforms are important, but are insufficient for ensuring stability on the long term.
– It is necessary to develop more essential offers on stabilization of exchange rates around the world, including developing countries, – Nursultan Nazarbayev has told.
As the measure directed to revival the world economy, the President of Kazakhstan has suggested to rely on new industrial revolution, digital economy and innovations.
– Completely I support this approach. Realization of this task is possible only on the principles of inclusivity. It is necessary to define the center of dialogue between the G20 and developing countries. I offer as option to consider the inforcommunicative platform created in Kazakhstan as
G-Global which is open for all participants. This platform unites more than 30 thousand experts from 140 countries, – the Head of state has told.
Nursultan Nazarbayev has also noted that Kazakhstan actively promotes realization of sustainable development goals of the UN, the Parisian agreements and the principles of “green economy”.
– Carrying out in 2017 in Astana the international EXPO exhibition on a subject “Energy of the future” is devoted to it.
Bilateral meetings on the sidelines of the summit G20
Within participation in the Summit of the G20 the Head of state has held short negotiations with a number of heads of states and heads of delegations.
In particular, Nursultan Nazarbayev has had a talk with the president of the Russian Federation V. Putin, the president of France F. Hollande, the federal chancellor of Germany A. Merkel, the president of the Republic of Korea Park Geun-hye, the president of the Republic of South Africa D. Zuma, the president of Egypt А.Сиси, the president of Senegal M. Sal, and also the president of Argentina M. Makri.
Besides, exchange of opinion on various questions of bilateral cooperation between the Head of state and the prime minister of Spain M. Rajoy, the prime minister of Italy M. Rentsi, the prime minister of India N. Modi has taken place.
The president of Kazakhstan has also discussed separate aspects of interaction with heads of the international organizations, including D. Tusk the European Council president, C. Lagarde, the managing director of the International Monetary Fund , A. Gurria, the chairman of the board on financial stability M. Carney and the head of the Economic Cooperation Organization and