Russia, China object to G20 Finance Ministers’ meet outcome document

New Delhi, July 18: China and Russia on Tuesday refused to support the G20 outcome document and Chair’s summary, which at the culmination of the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting at Gandhinagar, deplored “in strongest terms the aggression by Russia Federation against Ukraine”.
While China stated that the G20 FMCBG meeting was not the right forum to discuss geopolitical issues, Russia dissociated itself from the status of the document. The outcome document deplored “in the strongest terms the aggression by the Russian Federation against Ukraine and demands its complete and unconditional withdrawal from the territory of Ukraine. Most members strongly condemned the war in Ukraine and stressed that it is causing immense human suffering and exacerbating existing fragilities in the global economy constraining growth, increasing inflation, disrupting supply chains, heightening energy and food insecurity, and elevating financial stability risks”. “The use or threat of use of nuclear weapons is inadmissible. The peaceful resolution of conflicts, efforts to address crises, as well as diplomacy and dialogue are vital. Today’s era must not be of war,” the outcome document reiterated.
Meanwhile on host of other issues, it looked forward to an ambitious replenishment of the International Fund for Agricultural Development (IFAD) resources at the end of the year by IFAD members, to support IFAD’s fight against food insecurity. (IANS)