Customize Consent Preferences

We use cookies to help you navigate efficiently and perform certain functions. You will find detailed information about all cookies under each consent category below.

The cookies that are categorized as "Necessary" are stored on your browser as they are essential for enabling the basic functionalities of the site. ... 

Always Active

Necessary cookies are required to enable the basic features of this site, such as providing secure log-in or adjusting your consent preferences. These cookies do not store any personally identifiable data.

No cookies to display.

Functional cookies help perform certain functionalities like sharing the content of the website on social media platforms, collecting feedback, and other third-party features.

No cookies to display.

Analytical cookies are used to understand how visitors interact with the website. These cookies help provide information on metrics such as the number of visitors, bounce rate, traffic source, etc.

No cookies to display.

Performance cookies are used to understand and analyze the key performance indexes of the website which helps in delivering a better user experience for the visitors.

No cookies to display.

Advertisement cookies are used to provide visitors with customized advertisements based on the pages you visited previously and to analyze the effectiveness of the ad campaigns.

No cookies to display.

Connect with us

Hi, what are you looking for?

slide 3 of 2
THE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & LifestyleTHE BIZNOB – Global Business & Financial News – A Business Journal – Focus On Business Leaders, Technology – Enterpeneurship – Finance – Economy – Politics & Lifestyle

Economy

Economy

Ukraine war, US-China tensions will dominate G20 foreign ministers meet

G20 Logo Photo Credit: Reuters G20 Logo Photo Credit: Reuters
G20 Logo Photo Credit: Reuters G20 Logo Photo Credit: Reuters

Listen to the article now

This week, foreign ministers from around the world convene in New Delhi amid Russia’s war in Ukraine and rising U.S.-China tensions. India hopes to address climate change and Third World debt.

The G20 foreign ministers will meet on March 1-2, days after the bloc’s finance leaders met in Bengaluru. They argued about sanctioning Russia for the war and opted for a quick resolution.

The G20 conference in Bali last November similarly ended with a communiqué acknowledging disagreements.

Since the West loudly condemned the conflict, Russian Foreign Minister Sergei Lavrov left a G20 foreign ministers conference in Bali last July.

Lavrov, Blinken, Cleverly, and China’s foreign minister, Qin Gang, will attend the New Delhi summit. Forty nations, including India-invited non-G20 members and multilateral organizations, will attend.

The G20 comprises Russia, China, India, Australia, Brazil, Saudi Arabia, and the rich G7 democracies.

The Quad foreign ministers—the US, India, Australia, and Japan—will meet on the margins.

An Indian foreign ministry source who spoke anonymously because he was not authorized to talk to the media said Prime Minister Narendra Modi’s administration wanted to focus this week’s summit on climate change and developing nations’ debt.

The person claimed Ukraine would top the agenda, but India does not want it to. “New Delhi intends to continue playing the voice of the Global South and raise concerns vital to the region,” the official said.

Ramin Toloui, U.S. assistant secretary of state for economic and business affairs, said Blinken would highlight U.S. food and energy security initiatives for developing nations.

Toloui told reporters before Blinken’s journey to the summit that the U.S. top diplomat would “underscore the harm that Russia’s campaign of aggression has inflicted” and encourage other governments to redouble efforts for Moscow to cease the conflict.

 

 


Comment Template

You May Also Like

Business

In response to recent US tariffs on Canadian goods, Ontario imposed a 25% levy on electricity exports to New York, Michigan, and Minnesota. This...

Business

**Excerpt:** Bong Joon-ho’s *Mickey 17* is a sci-fi masterpiece that cements his status as one of the most visionary filmmakers of our time. Starring...

Business

**Excerpt:** Bong Joon-ho, the visionary director behind *Parasite*, returns with *Mickey 17*, a sci-fi thriller based on Edward Ashton’s novel *Mickey7*. Starring Robert Pattinson,...

Business

**Excerpt:** Bong Joon-ho’s visionary approach to filmmaking shines once again as stars Toni Collette and Naomi Ackie reveal insights into his creative process for...

Notice: The Biznob uses cookies to provide necessary website functionality, improve your experience and analyze our traffic. By using our website, you agree to our Privacy Policy and our Cookie Policy.

Ok