2013 St Petersburg

The G20 Leaders’ Summit was held from 5-6 September 2013 in St Petersburg, Russia.

Key outcomes of the summit included:

  • the St Petersburg Action Plan, which sets out reforms for achieving strong, sustainable and balanced growth, coupled with an Accountability Assessment describing progress made on past commitments
  • extending the G20’s commitment not to introduce new trade or investment protectionist measures until the end of 2016
  • full endorsement of the OECD-created Action Plan aimed at addressing tax base erosion and profit shifting
  • the St Petersburg Accountability Report on G20 Development Commitments, which sets out the progress achieved since the G20 adopted the 2010 Seoul Multi-Year Action Plan on Development
  • endorsement of the St Petersburg Development Outlook, which states the core priorities, new initiatives and ongoing commitments for the G20’s development work
  • extending the mandate for the Task Force on Employment by another year
  • commitment to identify and start to implement by the Brisbane Summit a set of collective and country-specific actions that tangibly improve domestic investment environments
  • a reaffirmed commitment to implementation of agreed financial regulatory reforms and International Monetary Fund reform.

Given circumstances in Syria, leaders took the opportunity to discuss this major security issue.

A G20 Leaders’ Declaration was released at the conclusion of the summit.

G20 leaders also marked the 5th Anniversary of the G20, reaffirming their conviction that the foundation for sustainable growth and rising prosperity for all is an open world economy based on market principles, effective regulation, inclusiveness and strong global institutions, underpinned by the closer partnership and collective action and shared responsibility of the G20, based on effective policy coordination.