BENGALURU: G20 finance ministers on Saturday (Feb 25) again failed to agree on a joint statement on the global economy at talks in India, after China sought to water down references to the Ukraine war. Instead, current G20 president India issued a 'chair's summary' which said 'most members strongly condemn
China has sought to position itself as a neutral party in the conflict while maintaining close ties with strategic ally Russia.
On Friday, the first anniversary of the invasion, China published a 12-point paper calling for a"political settlement" to the crisis that was met with scepticism from Ukraine's allies. "This is a war. And this war has a cause, has one cause, and that is Russia and Vladimir Putin. That must be expressed clearly at this G20 finance meeting," German Finance Minister Christian Lindner told a news conference on Friday.The gathering also focused on debt relief for poorer countries hit by rocketing inflation because of the war.
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