Sunday, February 26, 2023

Russia praises 'constructive' role of India's G20 presidency

 Following the G20 meeting of the finance ministers, which ended without a joint communique because of differences between G7 and Russia and China, Russia "noted" what it described as India's constructive role in the negotiations. In an official statement, the Russian foreign ministry said the Indian presidency strove for a fair consideration of interests and positions of all countries.
Russia said as a result of the "substantive dialogue" on topical financial issues, a wide range of demanded measures was agreed upon, designed to give an additional impetus to the global economy and financial markets.

"A significant contribution was made to these efforts by our country, BRICS partners and developing countries. We note the constructive role of the Indian Presidency, which strove for a fair consideration of interests and positions of all countries. The balanced approaches formulated in this context create a good foundation for responding to modern challenges in the area of global finance and related sectors, including support for economic growth and implementation of the Sustainable Development Goals," said the Russian statement.

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‘Chair summary’ not communique at G20 Leaders’ declaration after Russia, China opposition

‘Chair summary’ not communique at G20 Leaders’ declaration after Russia, China opposition

"Our opponents, primarily the United States, the EU and the G7, continue their paranoid attempts to isolate Russia and shift the blame for the provoked problems in the area of international security and the global economy onto it," it added, blaming the West for the failure to issue a joint communique.
The results of the meeting never received an agreed status and were released only as a statement by the chairman, and not as a joint work, said Moscow adding Russia and China expressed a "resolute protest" in this regard. Russia didn't want any mention of Ukraine as it believes G20 should remain an economic forum and not intrude into the security sphere.

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