Putin: Russia, US May Reach Agreement on Syria 'within Next Few Days'

China, a first time host of the summit, is the world's second largest economy but it is still rated a developing country with at least 50 million of her own citizens living below the poverty line.

As heads of state bid farewell to the scenic city, which authorities emptied of residents to ensure a smooth summit, here are some of the memorable takeaways. "This is why it is essential that sustainable development is fully integrated into a global macroeconomic policy framework", Ban said. The need of the hour is to unleash one more set of economic reforms for rebooting the growth drivers as they are fast fading at the moment.

During the gathering leaders repeatedly admitted that many citizens feel the global trade system has failed them.

Putin insisted he believed a deal with Washington could be firmed up in the "coming days" but refused to give concrete details, saying that USA and Russian officials are still "working out some of our preliminary agreements".

Obama and his Russian counterpart Putin met on Monday as talks between their governments on ending violence in Syria ended without an agreement. But frantic diplomacy ended in failure, with Moscow accused of backtracking.

The G20 Hangzhou Summit Declaration calling for greater "burden-sharing" to address the refugee crisis reveals how little most G20 countries have done to share responsibility so far, said Amnesty International today.

The chair of the summit was Xi Jinping, President of China.

Commenting on the announcement of the Russian leader, First Deputy Chairman of the Russian State Duma Committee on International Affairs Leonid Kalashnikov said that there is a chance that the two countries will agree on the settlement of the long-standing conflict in the nearest future.

In the wake of its vote to leave the European Union, Britain must renegotiate its access to world markets - a huge task for the world's fifth biggest economy.

Jean-Claude Juncker, the president of the European Commission (EC), urged China to take greater action to curb its production and exporting of steel.

He added: "Now in this summit, to all of our friends, we have brought up this issue and told them this".

The balance sheet from the latest G20 meeting, President Barack Obama's last, appears to be a thin one.

The snubbing which is not likely to be seen as an oversight from the Chinese has been interpreted as a deliberate effort to make the US look weak.

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