G20 finance chiefs fail to reach deal on Ukraine

G20 finance chiefs fail to reach deal on Ukraine

G20 finance chiefs fail to reach deal on Ukraine

Most countries, except China and Russia, have coincided in condemning the invasion of Ukraine and blaming the conflict for rising inflation, the disruption of distribution chains, and the growth of food and energy insecurity.

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Euskaraz irakurri: G20ko Finantza ministroek ez dute Ukrainaren inguruko akordiorik erdietsi

The G20 finance ministers have failed on Saturday to reach an agreement on the Ukrainian war and its destabilizing impact on the world economy, although most have condemned the Russian invasion at the end of a session of the group in India, which coincides with the first anniversary of the conflict.

In terms similar to those agreed in Bali (Indonesia) last year, the majority of members have “firmly condemned the war in Ukraine” and have criticized its impact on the world economy, according to a summary of the meetings of G20 finance chiefs and central bank governors in Bangalore, southern India.

Since last Friday, at the first high-level meeting organized by the India since assuming the G20 presidencythe group’s finance chiefs have met in Bangalore to try to find a joint position on the invasion of Ukraine and control of the debt.

Less Beijing and Moscowtwo of only four countries whose finance ministers or central bank governors did not attend the session in person, the rest of the group have blamed the conflict for rising inflation, disruption of supply chains and growth of food and energy insecurity.


Source: Eitb

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