Putin dismisses G7 criticism as 'babbling', calls for cooperation

  • Putin dismisses G7 criticism as 'babbling', calls for cooperation

Putin dismisses G7 criticism as 'babbling', calls for cooperation

To counter these challenges at the regional level, we require closest regional cooperation in different fields. "A Trump presidency would represent the death knell of America as a great power".

The G7 started as an informal gathering of six of the world's major industrialized economies, all with democratically elected leaders.

Rouhani also stressed the importance of developing bilateral cooperation in the fields of culture, science and technology and expressed hope that the Chinese government would facilitate issues for Iranian businessmen and students including in the banking sector. The two South Asian nations joined the bloc as full members previous year.

The group, which welcomed new members India and Pakistan, as well as the presidents of Iran and Mongolia, pledged to increase cooperation on energy and agriculture and create more favorable conditions on trade and investment.

Last month, President Donald Trump pulled out of former President Barack Obama's landmark 2015 nuclear accord with Iran over the objections of European allies and other nations.

Addressing the summit, Iranian President Hassan Rouhani, whose country has an observer status in the group, said that Iran would expect other participants in the nuclear deal to provide guarantees that they would honor the agreement.

In his meeting with Rouhani, Xi Jinping described the Iran nuclear deal as "an important outcome of multilateralism". A USA intelligence report released in 2017 concluded Russian Federation meddled in the 2016 election at the order of Vladimir Putin.

Xi emphasized that the USA seeks to change the worldwide order through unilateral approaches and violation of regulations.

The bloc has its own tensions lurking below the surface, as China seeks to use the group as a vehicle to promote its "Belt and Road" Initiative, a vast infrastructure-building program that runs through Russia's strategic backyard.

Russian President Vladimir Putin said on Saturday he hoped Moscow's relations with Washington would improve, but that the ball was in the United States' court, the Interfax news agency reported.

The group of industrialized nations once included Russian Federation and was known as the G8. "The leaders of the two countries have determined the further areas of development of bilateral relations, and have exchanged their opinions on the worldwide issues of common interest", Geng told a press briefing. He and Xi have met 25 times _ five times previous year alone, according to Putin's foreign affairs adviser, .

All signatories to the JCPOA have a responsibility regarding the commitments of removing sanctions under the JCPOA, and also based on Resolution 2231 of the UN Security Council and Article 25 of the Charter of the United Nations are responsible to help full implementation of the JCOPA and prevent any move that poses an obstacle on implementation of the JCPOA.

Putin has made 19 trips to China, Geng stressed.

"Neither Russia, nor any other country could have a national cryptocurrency", said Putin at an annual question-and-answer session with Russian citizens.