Russia welcomes Barbados’s initiative on host country-led consultations complementing the formal preparatory process for UNCTAD-15. We hope that such informal consultations will help maintain the momentum and raise awareness at the Ambassadorial level. Russia appreciates the efforts of Barbados as a host country and would like to reiterate our support for holding the UNCTAD-15 at a high political level in а face-to-face format. The Russian delegation considers the whole preparatory process as a valuable opportunity to demonstrate solidarity, good will and common desire to make UNCTAD stronger and equip the Organization with powerful tools it needs to respond to the current and emerging challenges.