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Russian Deputy Prime Minister Alexey Overchuk took part in the virtual meeting of the Development Committee

https://www.worldbank.org/en/brief/2021/04/13/russian-deputy-prime-minister-alexey-overchuk-took-part-in-the-virtual-meeting-of-the-development-committee

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Russian Deputy Prime Minister Alexey Overchuk took part in the virtual meeting of the Development Committee

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Russian Deputy Prime Minister Alexey Overchuk took part in the virtual meeting of the Development Committee
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The Russian Deputy Prime Minister and IBRD/IDA/MIGA/IFC Governor Alexey Overchuk took part in the Development Committee meeting held virtually on April 9, 2021 during WBG/IMF Spring Meetings 2021.
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  • wbg:organization/Executive Directors
  • wbg:organization/EDS23
  • wbg:country/russian-federation
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April 13, 2021
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The Russian Deputy Prime Minister and IBRD/IDA/MIGA/IFC Governor Alexey Overchuk participated in the discussion of the virtual Development Committee meeting on April 9, 2021. The meeting agenda was focused on debt relief, support for fair and affordable access to vaccines, and global support for resilient recovery after the COVID-19 crisis. The meeting results are available at the following link.

In his speech, A. Overchuk stressed that all debt treatments should be focused on crisis response and long-term economic recovery and growth, and cautioned the WBG and the IMF against introducing climate-related conditionalities as part of the debt resolution framework.

He also encouraged the global community to ensure equal vaccine access and distribution and increase vaccine supply chains' readiness. He expressed the Russian Federation's readiness to consider proposals for joint production of Russian vaccines in the countries interested.

Regarding the post-COVID-19 recovery response, A.Overchuk highlighted that the proposed green agenda should be implemented gradually and demand-driven mainly focused on client needs. The Russian side also expressed its support and readiness to share its development knowledge and experience with all other peer members and the WBG.

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Development Committee
https://www.devcommittee.org/en/devcommittee/home
Statement by Alexey Overchuk Deputy Prime Minister of the Russian Federation
World Bank/IMF Spring Meetings 2021: Development Committee Communiqué
https://www.worldbank.org/en/news/press-release/2021/04/09/world-bank-imf-spring-meetings-2021-development-committee-communique
Remarks by World Bank Group President David Malpass to the Spring Meetings 2021 Development Committee
https://www.worldbank.org/en/news/speech/2021/04/09/remarks-by-world-bank-group-president-david-malpass-to-the-spring-meetings-2021-development-committee
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