International experts: G20 Summit results in Hamburg ambiguous

July 17, 2017 - PRLog -- The results of the two-day G20 Summit, which ended in Hamburg, Germany on July 8, caused mixed assessments among international analysts and representatives of the expert community.

On the one hand, the leaders of the states reached agreements on open markets, transparency of the financial system and fight against protectionism, agreed to continue the fight against terrorism, and decided to join forces addressing the consequences of migration.

On the other hand, the insurmountable differences over the climate issue connected with the US withdrawal from the Paris Agreement, excluded the possibility of a consensus. As a result, the Summit participants finally recorded Washington's isolation in this issue and included two completely different opinions into the final statement - that of the US and of the rest of the countries.

Among the significant bilateral events, the key one was the first meeting of Russian President Vladimir Putin and his American counterpart Donald Trump. According to the Russian leader, it allowed to establish personal relationships.

"I believe that we have established personal relations already. […] It seems to me that if we build our relations the way that our conversation went yesterday, then we all have grounds to believe that we can, at least in part, restore the level of cooperation that we need," Vladimir Putin said at a press conference following the G20 Summit.

Commenting on the results of the G20 Summit, Roberto Castaldi, Research Director of International Centre for European and global governance, Director of the Research Centre on Multi-Level Integration and Governance Processes at eCampus University, drew attention to the changing role of the United States at the Summit.

"In the past the US provided leadership and impetus. This is not the case anymore. They are rather an obstacle to tackle global problems effectively, as the withdrawal from the Paris agreement shows. There are is no alternative leadership so far. This makes it more difficult to get significant decision," he told PenzaNews.

Source: https://penzanews.ru/en/analysis/64276-2017