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RUSSIA 1 Jan 2013 Russia assumes chairmanship of G20
Russia will be under pressure during its 2013 presidency of the G20 to lead a way through the entrenched global financial crisis and a potential wo

January 1, 2013 - NULL

RUSSIA 1 Jan 2013 Russia assumes chairmanship of G20
Russia will be under pressure during its 2013 presidency of the G20 to lead a way through the entrenched global financial crisis and a potential world food crisis. Russia chairs the bloc of 19 major economies and the European Union in an auspicious year - its first as a member of the World Trade Organization. It formally joins the WTO ranks in 2012 after more than 18 years of negotiations. All the other G20 countries are members.

G20 leaders meeting in Mexico in 2012 vowed to act together to strengthen the recovery

RUSSIA 1 Jan 2013 Russia assumes chairmanship of G20
Russia will be under pressure during its 2013 presidency of the G20 to lead a way through the entrenched global financial crisis and a potential world food crisis. Russia chairs the bloc of 19 major economies and the European Union in an auspicious year - its first as a member of the World Trade Organization. It formally joins the WTO ranks in 2012 after more than 18 years of negotiations. All the other G20 countries are members.

G20 leaders meeting in Mexico in 2012 vowed to act together to strengthen the recovery and address financial tensions, as outlined in the Los Cabos Growth and Jobs Action Plan. Then Russian president Dmitry Medvedev's address to the G20 in Nov 2011 suggested, additionally, that Russia will add the issue of intellectual property protection to the G20 agenda for the year.

Food prices have surged following drought in the United States and poor crops from Russia and the Black Sea bread basket region. The G20 expressed concern in August about the potential impact on the world economy after a third surge in food prices in five years.

Medvedev noted that digital technologies and global information networks have made a real breakthrough in information accumulation and exchange, and that the old principles of intellectual property protection established in a completely different technological context do not work any longer in an emerging environment. He asserts that new conceptual arrangements are required for international regulation of intellectual activities on the Internet. His proposed approach calls for the creation of new legal, economic and technological mechanisms that would meet the interests of all actors present on the Internet -- users, right holders, information intermediaries and others -- and provide right holders with the means to exercise and independently protect their rights. If his ideas prevail, the Berne Convention for the Protection of Literary and Artistic Works, the Universal Copyright Convention and the WIPO Copyright Treaty would need amendments. He also raised the possibility of a new international treaty for the purpose.

Representatives of the International Monetary Fund and the World Bank participate in G20 summits and ministerial meetings. The G20 leaders represent 80 per cent of the world economy. The G20 members are: Argentina, Australia, Brazil, Canada, China, European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, United Kingdom, United States. (WRITTEN SEP 2012)

RELATED READING:

G20
http://www.g20civil.com/2013/

G20 Leaders Declaration (G20 Information Center Jun 2012)
http://www.g20.utoronto.ca/2012/2012-0619-loscabos.html

Dmitry Medvedev's message to the G20 leaders (Kremlin 3 Nov 2011)
http://eng.kremlin.ru/news/3018

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Date written/update: 2013-01-01