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​The Russian Foreign Ministry had been neither overoptimistic nor skeptical about the outcome of the G20 summit, preferring instead to take a realistic view of the high-profile event. The G20 format allows the participating nations to fine-tune their national interests, because non-participation in it renders them irrelevant to existing trends. Moreover, participation in multilateral formats is beneficial too, providing the participants with much-needed feedback. Russia’s Deputy Foreign Minister Alexander Pankin made these points very clear during an expert discussion at the Valdai Club of the outcome of the G20 summit in Osaka.​