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On July 1–3, 2018, Alexandria, Virginia, USA, hosted an annual symposium of the non-profit Financial Services Volunteer Corps (FSVC, Financial Services Volunteer Corps) focusing on the current issues of the world finance, as well as on the relations between the US, China, and Russia in trade and financial spheres.

In the course of the three-day conference with the participation of former and current high-ranking government officials from China and the United States, representatives of international financial organizations and private banks, as well as experts from Russia, China, and the US, the following issues were discussed: objectives and costs of international sanctions regimes, international political aspects of new financial technologies, prospects for the development of crypto-currencies and the use of "blockchain" technologies, as well as the general state of the world financial markets and their impact on relations between major powers.

On July 1–3, 2018, Alexandria, Virginia, USA, hosted an annual symposium of the non-profit Financial Services Volunteer Corps (FSVC, Financial Services Volunteer Corps) focusing on the current issues of the world finance, as well as on the relations between the US, China, and Russia in trade and financial spheres.

In the course of the three-day conference with the participation of former and current high-ranking government officials from China and the United States, representatives of international financial organizations and private banks, as well as experts from Russia, China, and the US, the following issues were discussed: objectives and costs of international sanctions regimes, international political aspects of new financial technologies, prospects for the development of crypto-currencies and the use of "blockchain" technologies, as well as the general state of the world financial markets and their impact on relations between major powers.

Ivan Timofeev, RIAC Director of Programs, attended the symposium. He made a speech at a session on the state and prospects of using economic sanctions in international relations. The session was also attended by Adam Szubin, Under Secretary for Terrorism and Financial Crimes, and Conyan Tan, Vice-President of China Institute of Finance and Capital Markets (CIFCM).

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Poll conducted

  1. Korean Peninsula Crisis Has no Military Solution. How Can It Be Solved?
    Demilitarization of the region based on Russia-China "Dual Freeze" proposal  
     36 (35%)
    Restoring multilateral negotiation process without any preliminary conditions  
     27 (26%)
    While the situation benefits Kim Jong-un's and Trump's domestic agenda, there will be no solution  
     22 (21%)
    Armed conflict still cannot be avoided  
     12 (12%)
    Stonger deterrence on behalf of the U.S. through modernization of military infrastructure in the region  
     4 (4%)
    Toughening economic sanctions against North Korea  
     2 (2%)
 
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