Russia on G20 finances: countries including Canada leave meeting | war in Ukraine

G20 lorsque la Russie a cherché à intervenir”,”text”:”Le Canada et un certain nombre de nos alliés démocratiques ont quitté la plénière duG20 lorsque la Russie a cherché à intervenir”}}”>Canada and a number of our democratic allies walked out of the G20 plenary when Russia tried to interveneFinance Minister and Deputy Prime Minister of Canada Chrystia Freeland said on Twitter.

Russia’s Finance Minister Anton Silouanov virtually attended the meeting, as did the governor of the Central Bank of Russia, while the minister’s deputy was there, according to Reuters.

This is the first time the G20 big moneymakers have met since Russia invaded Ukraine on February 24.

et l’invasion illégale de l’Ukraine par la Russie constitue une grave menace pour l’économie mondiale”,”text”:”Les réunions de cette semaine à Washington ont pour but de soutenir l’économie mondiale –et l’invasion illégale de l’Ukraine par la Russie constitue une grave menace pour l’économie mondiale”}}”>This week’s meetings in Washington are designed to support the global economy, but Russia’s illegal invasion of Ukraine poses a serious threat to the global economyargued Ms. Freeland. Russia should not attend or be involved in these meetings.

Canada is among the countries that want Russia excluded from the group of the world’s 20 major economies, but Indonesia, which chairs the group this year, refused in the name of impartiality.

US Treasury Secretary Janet Yellen also left the room, according to US sources and according to the photo shared by Ms Freeland on Twitter. The US had warned against boycotting certain meetings if Moscow attended them.

British Finance Minister Rishi Sunak tweeted this Representative they left too.

We are united in our condemnation of Russia’s war against Ukraine and will urge greater international coordination to punish Russiahe explained.

Exceptionally invited to the meeting at the instigation of the G7 countries, the Ukrainian Finance Minister Serhiy Marchenko also left the room when his Russian counterpart spoke.

Others turned off their screens in protest.

Indonesian Finance Minister Sri Mulyani Indrawati said the participants’ departure had none disturbed the discussions.

Against Russian propaganda

Other participating countries, also opposed to Russia’s presence, preferred a different approach. Federal Finance Minister Christian Lindner thus defended Berlin’s desire to take part in all meetings.

We will not offer Russia a platform to spread its propaganda and lies, he told reporters. According to a source close to the German delegation, Mr Lindner did the same fiercely contested Positions of Russian officials.

At the opening of the meeting, French Economy and Finance Minister Bruno Le Maire called on Russia to do so refrain from attending G20 meetings. War is incompatible with cooperationhe said, quoted by AFP.

The G20 was and is above all an economic forumreplied Minister Siluanov.

Meanwhile, according to a Reuters source, European Central Bank President Christine Lagarde has urged Russian Deputy Minister Timur Maksimov to send a clear message to high officials: Moscow must end its war in Ukraine.

G20 finance ministers left Jakarta, Indonesia, last February, days before the Russian troop offensive, on a commitment to coordinate for global recovery stronger.

However, the war clouded the economic outlook, exacerbated inflation and caused a food crisis. The head of the World Food Program (WFP), which buys 50% of its wheat from Ukraine, recently told the United Nations Security Council that an invasion of Ukraine could lead to the worst global food crisis since World War II.

Instead, the Russian minister referred to the severe sanctions aimed at his country. Apparently, the sanctions are artificially restricting the market’s supply, leading to an imbalance and a sharp rise in priceshe argued.

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