ocus on the nord stream to pipeline project in the baltic sea for muds the message from russian officials has been that pretty much nothing can stop a project that is almost all but complete many experts were saying that these sanctions are only aimed at the domestic audience it's just a trick before the elections to show that pressure is being put on russia but now the measures are in place and russia finds itself in a position a very tricky one that technically it doesn't have the capabilities to finish the pipeline project so what does that say about how much moscow is able to come up with a plan b. plan c. etc well there was there was already extensive comments there that book coming from president bush him is to cause a mutual friend in jail and what i would like to attract your attention to is the problem of the. sanctions coming from the united states and its you know big

problem for the water as a whole it's being named as a problem not only a promo save but the review from the review and say it just recently for example we can't go into commission was friends who were discussing was brutally murdered the amused when the me and france and friends of friends the issue and he was telling me he was taking this publicly that these type of. from the united states. and acceptable so maybe that we should talk more about that story which is you know supporting the overall global city sion and you know will that be global that was this here we can see in still mine and this is one of the reasons one of the key issues behind that is that you know you know little actions which are hitting the global trade. and in this particular case are you saying that russia does have let's put it this way friends in europe that can become in some way mediators or

those who can send a message across the atlantic for them to a lot of messages were already sent by the way or european friends of the united states in the recent months so there is nothing that so once again it is december 29th inning and economic punishment against russia is back in the headlines so this time around what is the biggest threat for the russian economy as it once again sanctions or uncertainty or volatility in the commodity market what can you say will of course there is a number of negative trends that are coming from the global economy would change impacting russian economy as i've said this year is the weakest here in terms of economic growth still and i use of course impacting the piece of good also for our exports in real terms in them in the terms of those who are being hit by the lower commodity prices some on the different come what is starting from oil metals call

and so on so force of course this impacts those fish and the good thing is that because of the introduction of school rule for inflation targeting flexible exchange trade we're much more protected from the civil liberties you but of course with this having a negative impact on the us mr rushton let me bring up something else the trade agreement between washington and beijing how much of a sigh of relief is it really for russia and the rest of the world but of course if it were just a little bit and they could see if. trends that we missed during the whole year you can see it once again and come to praise this is small it shows global trade will show where the performance going forward but you're clearly when you're naming the . because what we believe in that the problems with him united states and shane that are very long term in the church so we see more conflicts not only in 28 here

but they can happen in many other areas within the next several years maybe the next year especially the 1st gulf war with movie. we should be of course positive for the global economy and for russia as the particle of the global economy but once again this is more a longer term story and we see more disputes coming from those 2 countries and impacting the global story in the coming years can we talk about a long term story when we do realize that once again we are coming into the new election cycle in the us well of course the elections they are forcing the kind of the means 3 ssion to find solutions in different areas because what kind of the station one sees economy to continue to grow what can the station once the stock market you know will that. place tweeting about the new highs that we have we can

see when the us market of course he wants this trend to continue it will into the next year so different that this will be good to reminding the parties in different areas of actions of the years. and of course on the other side the congress which is controlled by the democratic party will be using all the parties to spoil that game because you know they competing they will be competing me they said trump in the elections in november of next year so they still fighting forces will get there my how the u.s. will be actually in and he has one of the 2 largest to call them as global youth those this will be impacting the overall picture in the global economy chart. let me bring up the loan that russia received earlier this month the $500000000.00 loan for. the beijing based asian infrastructure investment bank what kind of signal is that and why is russia getting this low will this is totally links to

infrastructure projects that are being realized. in russia you know we'll that russia is number 3 shareholder in the. bank for infrastructure development so it means that we are playing is all of the in the bank you know the story of developing the infrastructure will that there is little free sources local for this means infrastructure globally and this bank was created to try to at least bulky to close that gap so we're working with the bank it's a normal project for the bank it's the 1st deal in the russian so you know part of the global story here but if we take. in particular we do remember that during the russia africa summit billions of dollars worth of debt have been written off for african countries and here we have a sum of $500000000.00 so what is this just a matter of prestige

a matter of testing boilers it will be a deal in the least and so we are working so this is the deal that is using this over embellish it but we will be working with companies like question that always other companies to find more. interesting story to finance them with the finding coming from the asian bank who put infrastructure development so once again it's only the beginning of the long term work to finance more infrastructure projects and rush the many trips that you completed in 2019 we saw you together with president vladimir putin in different corners of the world in terms of the fruits that russia could bear from all these trips and when we talk specifically of what you were in charge which ones were the most important ones and what did you take away from them will each trip is very important because you know that plato

said russia's pick a few though russia is the part of the global economy so join put your. it was different. countries across the globe. explained to trade trade in goods trade in services investments train technological projects so in every country we can find what is russia can do together with that country and of course among the most important i would say the brics i mean that the recently happened in brazil the receipts to them to arab emirates the visits to china so we know japan all major markets are definitely important and you know having proper discussion of the economic agenda is way too old for it but the success of the russian economy when we take breaks and the shanghai cooperation organization we know that russia's taken over in terms of hosting the summits. what will russia bring in this

time around if we take cooperation with these groups well in the breaks for example next year we will have a break sentiment happening in sync because a book in the middle of summer and we will be proposing we have already proposed to have a new economic strategy for the next 5 years we were conducting this same story 5 years ago in this summit that was happening in russia 5 years ago so we want to do you know the 6 of them instead of course there is the full support of all the brics . member us on the global trade city on the joint development of the project so we want to highlight those areas and to have even more deep work but it was what was already achieved. in the last 5 years cycle for example one of the stories that was achieved it's of course

creating with the brics development bank that is already finding the projects all that goes. the brics countries including russia so all those instruments that were created during the bust cycle they are already a professional so we need to make a step forward so this is what will be discussed in sync because of work to highlight those areas and you know push them to bring. results. are not. those i don't know let us.

not. look closely. at. my name is sucking. on the world social media this is jack see what i don't see it's a. little bit over there you know. when you know we've got to get it out down to cars is proof enough to move. the nazi's speech and i use i don't think she's making any babies here and those who teach school on drugs are used to people. who. know. who comes before who comes because who comes during his child to fit life

a music that. i love who dies because he makes me copy a love he dies because he makes me copy plane flew to. and when you go to church you have nothing. to do beyond i said because it's backed up my mother loves you darn close. you know. what. i'm saying. that i don't. know. my limited role more than. prison. my life. case to grab some media attention and it's a shooting in a 16 year old's 16 birthday party so exciting the place you tell

a lot of pressure to. close the kids. just. like those. you know the 5 that you're all more than the. one basically with the schedule all of the issues because i was standing right next to. me for years because you got to keep in mind the dealings 1617 years old so. this could lose 1. 100 of them both. to food. the truth.

mr rushton let me stick to integration but a very different one between russia and belarus and can you please help explain our western audience mainly because they don't know much about it what is going on why do high profile officials from both countries meet so often right now what's going on in general will the goal of all questions is pretty simple they want to have to so in the countries in the one single market with them so what we're discussing we have indeed in the some quarters away extensive work in the lazing the difference in approach is from different markets different regulation so we were highlighting what can be changed what can be adjusted and actually the stories that we're trying

to take the best from the belorussian experience they are trying to take best promote experience through these discussions that through this you know the creation of a single market to become stronger together and. stronger each country on its own does the west have to watch out for anything that's going on between moscow and minsk there's not discussions again some someone this is the this is discussion helping. us to become stronger so there's nothing to be afraid of here now moving on from to europe we keep coming back to a comment by yourself when you bring up the you were an ace aunts in terms of how russia is again trying to get along with europe and vice versa this year how far have we gotten will as you may see that in this year with sore more extensive

contacts between russia and europe not to me on the business 8 which was at the high level of this is becoming even stronger but those on the political level there is one this thing with europeans say the problems that were brought. externally to europe from the united states with the sanctions story now with the trade wars and so on so force so having more closer contact having discussions finding joint solutions we're much more close to that ping was where we were standing a year ago. we understand after the elections in the u.k. that writes it will finally happen. you never know but at least as boris johnson put it said he's got to go and he was already pushing you know some of the broken so. just offer you the seat in the chair reliques in the which.

so have you been watching has russia been watching does this send any message to moscow are you looking for if you know other problems the mystically you know or international clinic relations which were concerned in the in trying to find solutions and is a very good story you know already it kind of you know serial which lists for us so we just wishing you know just checking the headlines which is what has happened these things on their own so that's that's that's about it let me bring up what's going on with the world trade organization we learned that the w t o appellate body stopped functioning what's going on with the reforms there and also how will trade disputes the result from now on well 1st of all 'd what i would like to say that is a very important institute for the global economy and actually for russia because. being part of that will be to help russia to access

a little markets. on the producer of mine terms it helped us to protect our rights will 1000000000 you witnessed weaning one by another because that we're hearing that will lead to. and the point of course which is very important that russia is now playing one of the important roles in terms of theatre of mining coal the global trade systems will be breaking for the years to come the problem that you've mentioned was a playboy here of course you know it's a way to be problem for functioning of the deadly terror because ation the position that is being taken by the united states in my opinion is definitely in the proper rate expose the overall situation so it means that within the next at least one year i believe that what exactly are you talking about just because they are blocking. the actually the decisions that they're made in the. heading as

the direct result of the book working not functioning played by the way and you know having. bite is the crucial part of all of the process of settlement in the territories ation and of course this doesn't help us because this doesn't help because you know that once again. we see all those problems because you know finding solutions in the disputes we're taking years and this is also not acceptable we should change precede us you know too fast from them and so on so forth but you know blocking it doesn't help build the whole picture and once again we were discussing already today the problems that we're facing with the global trade was the global economy and one of the one of the reasons behind it it's. not functioning properly. so is it going to resemble bragg's it anyhow pace will of the w to some extent it's the same story but like with brics it here we're trying to

play a more important role we had trying to help to find this solution which will be you definitely not easy but you know pushing towards a solution of this so it will be working on during the next year let's move. what's happening in russia we've seen an inflation slowdown interest rates are steadily being cut last year you promise me that the ruble will get stronger and it is getting stronger in detail how much more room for optimism is still there. i wouldn't say that such as thing seen ruble is an optimism because because it's a sign of the weak the money in the domestic economy along with the way the low inflation brings that we are witnessing. because you know. the ruble is a very good when it comes from the growing productivity 1st growth and productivity but when it comes from the weak demand it shows that we achieving results weaker

that we can achieve just simply having a strong did you hear them if you could so. that's at their bank like you've mentioned is already cutting rates this will be eventually translating in some voices to. france on the say that i hope so the government is also working with some solutions to help to boost demand next year so taking together all those measures should allow us to get back to the theme. 4 percent targets on inflation say it strong demand stronger girls and you know most people will. the world bank kid is predicting a 1.6 percent of g.d.p. growth for russia next year does that tie with the expectations that you have when we have the forecast of $1.00 so all the market expects softly in the seam when girls figures because there are some. that might bring these if you get a lower and a little bit trying to do is to have

a few good strong for them. but it's always happening like that how much are you satisfied with your old predictions that you once came up with for 2019 well you should tell me because it's not me who should lead the way how we're forecasting but you know the good thing is that the forecast for example in goals that we've published a belief in the ghost of next year we were not changing in throughout the year but there were criticisms that it's too high and it was too little when so and so forth during the whole year the critics who are on the board say it's but eventually we're getting to the figures we should close to what we're forecasting puts a good sign that we have a propane this painting of what is happening within the quantum indeed this year there have been good signs in many aspects but let me just talk about how much foreign investors should be keen to invest in this country because there were bad signs a well including the well known calvary case what about the investment climate and

investment figures this year india is growing you know will this $36.00 but like always telling you in the asking that question that for us it's more important not the quantity of inflow but the quality of having the full and some of the cases might be not to be. coming to russia's economy but you technology war human jailable which is so that is of much more importance competing with just simply money and what we've just discussed is strengthening so it means that is. so ladies throw in balance of payments which we have facing these here and was thrown by the payments we don't need to cover a new gaps on the balance of payments say so it means in terms of. having acknowledges smith in jail approaches all these stuff it's much more important than just simply having a stronger employ in terms of quantity over the falls. but like i've said this

here we're getting more if india is the total sum is increasing but i would just pay less attention on that and more attention on quality sorry but just to finish up my question has russia a better place to invest this year we'll do a lot of stand yes we are not getting the final figures and also from this one back to you but we expect that it will be a multi-year high and that was up in lisbon to g.d.p. ratio in russia if you look at the ratings. you will find that russia is steadily progressing in the. global business of doing business by the world bank and so on so forth of course that has a lot of problems you know a number of big reforms that are underway these days for example the forms supervisory and the getting which is getting the regulations all the good lucian's that we still have and so on so course we're trying to do. you know

a lot of stuff which will be making the environment even better mr ashton we know that you are a keen sports fan given all the latest headlines that have to do with the russian sport in the recent past how much are you worried about russian athletes well you know well that the you know active life time that efforts are having on the global scene is way short so having such as tours of course would have been full for each particular person. because you know that cleaning cart getting your childhood so you can hear us hear us and then you have to wait it short period of time i can show where to write is also on the global reach and on the on the on the on the global and of course it's. really set for those people which will be able to do so so why use that clean athletes

should be able to be present on the global audience because it will be fair for them. mr thank you for covering so many stories for us and happy new year thank you happy new year. media a reflection of reality. in a world transformed. what will make you feel safe. isolation community. are you going the right way or are you being

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