Discord over Russia’s war hits G20 finance chiefs again

The impasse continued at the G-20 foreign ministers’ meeting in March.

The Group of 20 finance chiefs skipped a meeting in Washington this week to issue a consensus-based statement, widening discord over Russia’s invasion of Ukraine.

India, which holds the presidency of the G-20 this year, issued a statement on Thursday – briefer than typical communiques – after gatherings on the sidelines of the spring meetings of the International Monetary Fund.

Thursday’s statement said the nations “discussed key challenges to the global economic outlook, including the war in Ukraine, food and energy insecurity, climate change and recent risks to financial stability.”

In addition, “Members agreed that the G-20 should work together to create a common understanding of promoting an environment conducive to global economic recovery and to ensure that the most vulnerable countries and sections of the population are adequately protected.” can contribute.”

At the last gathering of ministers in Bengaluru in February, he issued a lengthy statement saying Russia and China refused to agree to two paragraphs addressing the war.

The impasse continued at a G-20 foreign ministers’ meeting in March, which ended without consensus after China and Russia refused to join the other members in a statement in which most of them criticized Vladimir Putin in Ukraine. condemned the war.

The G20 communique generally outlines the group’s agreement on what it sees as the biggest challenges to the global economy and how to address them. While negotiations around the language can often be difficult, the war has made agreement essentially impossible, with Russia and China rejecting almost all attempts to address the conflict.

The lack of consensus since that February meeting is a retreat from the consensus reached at the leaders’ summit in Bali, Indonesia, during November. The drafters were able to engage everyone on board with compromise language.