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Kremlin Disregards Prospect of Rejoining G8 Group

Moscow, under the guidance of President's press secretary Dmitry Peskov, no longer aspires to revert to the G8 format. Instead, the G20 has gained more attraction for Russia, as stated by TASS news agency.

Kremlin Disregards Prospect of Rejoining G8 Group

Hot Take: The G20 is Where It's At for Russia, Baby

Russia ain't got time for the G8 anymore, Groovy Peskov spilled the beans to TASS. Moscow's toyin' with the G20, buddy, and here's why:

  1. G20's Got Swag: Russia's diggin' the G20 'cause it's all about global economic power. Duke it out with the big dogs like China, India, and Brazil, and they're in the game.
  2. Center of the Action: Peskov reckons the old Western-dominated G8 ain't where the action is anymore. The G20, though, with the likes of BRICS countries, is where the keepin' it real.
  3. Politicking 101: The G8 was a no-go 'cause of that tiff over Crimea. Western countries booted Russia, and relations took a nosedive. The G20, with its more chill vibe, is where Russia's feeling the good energy.
  4. Global Economics 101: The G20's taking care of business on the world stage, like financial stability and economic growth. And Russia wants in on them decisions.

Trump ain't clueless, neither. He thought bout Russia rejoining the G8 back in May. Unfortunately, the window closed, Trump said, following Russia's annexation of Crimea.

Clearly, the G8's just not got the mojo anymore, according to Russia. And the G20—it's where it's at.

Germany's none too happy about normal cooperation with Russia in the G7, given the Ukraine conflict. But if peace and stability roll around, who knows? Maybe the G7 and Russia'll make amends.

Nuggets:- Russia's on board with G20 'cause it's all about global economic power and impactful policies.- The center of economic development's shifted from the traditionally Western-dominated G8.- The G20 offers more opportunities for Russia to engage in economic and political dialogue without G8 tensions.- G20 plays a significant role in addressing global economic challenges and international cooperation.

[Enrichment: Here's the lowdown on the benefits Russia see in the G20:1. Relevance and Influence: G20 offers a broader range of countries, including emerging economies like China, India, and Brazil, seen as more significant players in shaping global policies.2. Shift in Economic Power Centers: The G20, which includes BRICS countries, represents a more diverse and powerful economic bloc now driving economic processes.3. Diplomatic and Political Considerations: Russia's exclusion from the G8 due to the annexation of Crimea led to a detrimental effect on relations with Western countries, making the G20 a more inclusive setting.4. Global Economic Governance: G20 is recognized for its role in addressing global economic challenges, like financial stability, and economic growth.]

  1. Dmitry, speaking on behalf of Russia, expressed his enthusiasm for the G20, noting its focus on global economic power and influence.
  2. In contrast to the G8, which now seems stagnant due to its Western-dominated nature, Dmitry considers the G20 as the new center of action, particularly with the inclusion of BRICS countries.
  3. In light of the political tension between Russia and the West over the annexation of Crimea, the G20 offers a more welcoming environment for Russia to engage in diplomatic and political dialogue, avoiding the negative vibes that persist in the G8.
  4. Recognizing the G20's importance in addressing global economic challenges such as financial stability and economic growth, Russia seeks to regain a role in shaping these decisions at the international level.
Russia no longer pursues reinstatement within the G8, favoring the G20 format instead, as expressed by President Dmitry Peskov's spokesperson, according to TASS reports. We have already moved past our focus on returning to the G8 structure.
Russia consistently prefers engaging in the G20 group over rejoining the G8, per Russian President Vladimir Putin's representative Dmitry Peskov, as disclosed by TASS. Aware of this preference, Moscow remains committed to the G20 setup.

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