The first ever G20 Finance and Labour Ministers’ Meeting was held in Moscow

The Joint G20 Finance and Labour Ministers' Meeting was held in Moscow on July 19, 2013. A high-level meeting in such a format was convened for the first time in the G20's history, being an important innovation of the Russian Presidency.

The focus of the meeting was the possibility of elaborating coordinated policy by finance and labour and employment ministries in the G20 countries to promote strong, sustainable and balanced growth and a supportive environment for job creation.

The discussion was structured around the two interrelated topics, namely, governments' role in creating incentives and eliminating barriers to investment in job creation, and cost effective social policies to facilitate job creation and inclusive societies.

The Joint G20 Finance and Labour Ministers' Communiqué reflecting the commitments on implementing integrated labour market policies, including employment policies, promoting job creation through investment and development of the financial institutions, as well as fostering favourable investment and business climate in the G20 countries, was adopted on the results of the meeting.

Job Creation, Employment and Investments in Human Capital