The \u0027new G8\u0027 wants \u0027to develop dialogue and mutually beneficial relations with Russia\u0027
These countries are “24.4 per cent ahead of the old group in terms of GDP per capita,” Volodin said.
In March 2014, Russia was suspended indefinitely from the G8 following the annexation of Crimea, whereupon the political forum name reverted to G7. In 2017, Russia announced its permanent withdrawal from the G8. Earlier in April, the G20 finance ministers and central bank governors met in Washington to discuss economic policy goals.
“The G20 can’t function effectively with Russia at the table,” Chrystia Freeland, Canadian minister of finance,“Russia does not have a place at the table of countries who have come together to maintain global economic prosperity,” Freeland said, adding Russia has violated longstanding international rules with its invasion of southern Ukraine. “You can’t be a poacher and gamekeeper at the same time.
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