NOVO-OGARYOVO, November 21. /TASS/: The coronavirus pandemic has triggered a systemic economic crisis, unprecedented since the Great Depression, Russian President Vladimir Putin said, addressing the G20 summit on Saturday.
"The scale of problems that mankind faced in 2020 is indeed unprecedented. The coronavirus pandemic, a global lockdown and suspended economic activities triggered a systemic economic crisis, the likes of which the world has not seen since the Great Depression," Putin pointed out.
The G20 group needs to continue efforts to find common approaches to reforming the World Trade Organization (WTO), Russian President Vladimir Putin said. "The G20 group needs to continue efforts to find common approaches to reforming the World Trade Organization, taking the current challenges into account," Putin emphasized. According to him, "it is impossible to achieve this goal without a stable, effective and multilateral trading system based on universal rules and principles, and there is no alternative to the World Trade Organization at the moment.".
Putin calls on G20 countries to continue efforts to find approaches to WTO reform.
Russia ready to provide vaccines to countries in need - Putin.
