18/02/2013

Switzerland at the G-20: A Double-Edged Invitation

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Switzerland was invited to attend the recent G-20 meeting in Moscow. Perhaps as a payback for its creative diplomatic efforts to help the Russian Federation become a member of the World Trade Organization, or perhaps for its role in hosting the ongoing Georgian-Russian talks in Geneva, the Russian Government invited Switzerland to participate in the gathering of central bankers and finance ministers from the world’s largest economies for the first time. While Switzerland’s relations with the United States and some European neighbors are tense over banking secrecy, there is reason to be proud to see Mme. Widmer-Schlumpf, Swiss Federal Councilor and Head of the Federal Finance Department, sitting at the table with representatives from major powers. 

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