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G20 meeting in India without consensus due to Russia and Ukraine war

New Delhi, Feb 25 (Prensa Latina) The meeting in India of G20 finance ministers and central bank governors ended today without a joint statement, after failing to reach a consensus on the war between Russia and Ukraine.

Instead, after the two days of the meeting, a summary of the Indian G20 presidency and an outcome document were published, The Hindu online newspaper reported.

The document included two paragraphs on the war, but added that Russia and China disagreed, the Press Trust of India news agency said.

Leaders of countries including the United States and France wanted a condemnation of Moscow over the dispute, while host India felt the G20 was not the appropriate forum to address the issue and wanted a more neutral term like crisis or challenge to describe the geopolitical situation.

The meeting, which was held in the city of Bengaluru, capital of the southern Indian state of Karnataka and the center of the country’s high-tech industry, began on Friday with a keynote address by Indian Prime Minister Narendra Modi.

Through a recorded message for the 500 delegates from the G20 countries, guests and representatives of international organizations attending the conclave, the Indian ruler called for restoring stability, confidence and growth to the global economy.

Modi expressed his confidence that the other countries affected by the disruption of the global supply chain, the increase in prices and the challenges of food and energy security will be able to transmit to the global economy the same positive spirit as India.

Also, the Indian ruler urged the G20 forum to focus on the world’s most vulnerable citizens and stated that only an inclusive agenda with global economic leadership will have an impact on international confidence and stressed that the issue of the G20 Indian Presidency promotes the vision inclusive of One Earth, One Family and One Future.

In turn, the Minister of Finance, Nirmala Sitharaman, stressed that the concerns and aspirations of the developing countries of the so-called Global South must occupy a central place in the efforts to solve world problems.

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