A meeting of finance chiefs and central bank governors of the Group of 20 leading economies ended on Tuesday in India without a consensus because of differences between countries over the war in Ukraine.
Following two days of talks, there was no final communique. Instead, India, as the host nation, was forced to issue the G20 Chair's summary and an outcome document.
According to the chair summary, China and Russia objected to paragraphs referring to the war which said it was causing "immense human suffering" and "exacerbating existing fragilities in the global economy.” The wording was taken from the previous declaration in Indonesia, where leaders had strongly condemned the war.
"It is in that context today that several members condemned it, saying it shouldn't have happened. Food passing through the Black Sea shouldn't have been stopped or suspended," she told reporters. As host, India has used its presidency to promote itself as a rising superpower and as the voice of the Global South. Still, the divide over Russia's war in Ukraine has cast a shadow over much of the proceedings, with India unable to produce a communique after any of the major meetings since it took over the G20 presidency.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
How and why Spieth invested in Leeds United ownership groupJordan Spieth confirmed to Sky Sports that he and fellow golfer Justin Thomas have purchased shares in the group taking over Leeds United.
Read more »
How and why Spieth invested in Leeds United ownership groupJordan Spieth confirmed to Sky Sports that he and fellow golfer Justin Thomas have purchased shares in the group taking over Leeds United.
Read more »
India’s JSW Steel reportedly considering bid for stake in Teck coal unitThe Indian steel maker is in discussions with banks over potential financing for the acquisition, which may total about $2-billion, the Bloomberg News report said
Read more »
Group calls for head of Toronto's shelter system to resign amid refugee crisisMore than 20 community advocates are calling for the head of Toronto’s shelter system to step down amid a worsening crisis involving refugees camped out on a downtown sidewalk with nowhere to go.
Read more »
Group calls for head of Toronto's shelter system to resign amid refugee crisisMore than 20 community advocates are calling for the head of Toronto’s shelter system to step down amid a worsening crisis involving refugees camped out on a downtown sidewalk with nowhere to go.
Read more »
Bilateral South Korea-U.S. consulting group meets in response to North Korean nuclear threatsU.S., South Korea meet to discuss North Korean nuclear threats
Read more »