Most G20 members strongly condemn conflict in Ukraine, draft declaration says By Reuters

NUSA DUA, Indonesia (Reuters) – A draft of a declaration by leaders of the Group of 20 (G20) main economies, seen by Reuters on Tuesday, strongly condemned the conflict in Ukraine and careworn it was exacerbating fragilities within the international economic system.

“There have been different views and totally different assessments of the state of affairs and sanctions,” stated the draft declaration, which was confirmed by a European diplomat.

The 16-page doc has but to be adopted by G20 members.

The summit, which host Indonesia and different international locations have stated ought to give attention to the worldwide economic system, has as an alternative been overshadowed by Russia’s invasion of Ukraine.

“Recognising that the G20 shouldn’t be the discussion board to resolve safety points, we acknowledge that safety points can have vital penalties for the worldwide economic system,” the draft declaration stated.

Russia’s overseas ministry on Sunday stated the G20 was not the place the place safety points and may as an alternative prioritise the world’s financial challenges, forward of a gathering anticipated to be dominated by the conflict.

The draft doc additionally stated the G20’s central banks have been monitoring inflationary pressures and calibrating financial coverage accordingly.

Earlier on Tuesday, Ukrainian President Volodymyr Zelenskiy urged counterparts on the summit by way of video hyperlink to step up their management and cease Russia’s conflict in his nation underneath a peace plan he has proposed.

Russia, which was represented on the summit by International Minister Sergei Lavrov fairly than President Vladimir Putin, says it’s conducting a particular navy operation in Ukraine.