Kremlin: G8 losing importance for Russia

Kremlin: G8 losing importance for Russia

The Group of Eight (G8) has been losing its importance for Russia given the changing political and economic situation, Kremlin Spokesman Dmitry Peskov said.

"Over the years, this forum has been losing its importance because given the changing political and economic situation, other platforms, such as the G20, where Russia is an active member, have been becoming more important," the spokesman said.

At the same time, Peskov declined to speculate as to whether Russia would be willing to go back to the G8 platform in case there was an invitation to do that.

A number of media outlets said earlier that the German parliament had spoken out in favor of reviving the G8 in order to better oppose the US influence on the European policies.

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