China sees no effect of anti-punishment
Zam. the Minister of Finance of China Zhu, guanyao (Zhu Guangyao said, speaking on Sunday at a Symposium of the Institute of international Finance (IIF) in Istanbul that China does not see productivity punishment of the West towards Russia.
"China does not see any effect from the entered sentences about Russia," he said, guanyao Agency.
The conference of the Institute of international Finance (IIF) Agenda of the G20 under the chairmanship of Turkey " starts on Sunday in Istanbul. The event will last two days.
The Institute of international Finance (IIF) - the Association of the leading lenders in the world, involved in the collection and analysis of information on financial markets of different countries, such as information on economic policy and state regulation of the financial system. The organisation aims to promote the development of the financial industry by increasing productivity, financial risk management and develop standards and rules for the disclosure of financial information, financial analysis, risk management.
The members of the Association - the largest commercial and investment banks, insurance companies and organizations specializing in the provision of services for investment management. The status of associate members has a significant number of multinational corporations, export credit agencies, trade organizations. The Institute was founded in 1983, the Board is placed in the U.S. capital.
"The group of twenty (G20) is the leading forum for discussion of global economic and financial cooperation." Big twenty " unites the largest developed and developing economies of the world, which accounts for about 85% of world GDP. In 2013, the presidency of the G20 was carried out by Russia, in 2014 it was replaced by Australia in 2015, this function was transferred to Turkey.
Western countries since March has repeatedly imposed punishment on a number of Russian politicians, businessmen and organizations because of the position of Russia in Ukraine. The last case of the use of such practices began in December limits, when the head of the U.S. announced an economic blockade of the Crimea, and in the sanctions List included a number of famous figures from the Crimea and Eastern Ukraine.
The list of Russian Citizens and organizations, first fell under the sentence, the material of the Fins news
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