US leads G20 boycott of Russian finance officials

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Finance chiefs walked out as Russian officials spoke at the G20; virtual attendees turned their cameras off.

Several world finance leaders boycotted a meeting of the G20 attended by Russian officials in Washington, in protest of Moscow's invasion of Ukraine US Treasury Secretary Janet Yellen led a multinational group of finance chiefs on a walkout Wednesday as Russian officials spoke during a meeting of the G20, in the latest protest by Western nations over Moscow's invasion of Ukraine.

"Multiple finance ministers and central bank governors including Ukraine Finance Minister and Secretary Yellen walked out when Russia started talking at the G20 meeting," a source familiar with the event told AFP. During the gathering, French Finance Minister Bruno Le Maire called on Russian delegates to refrain from attending the sessions, saying "war is not compatible with international cooperation."

Russian Finance Minister Anton Siluanov attended the meeting virtually, and "called on the partners to avoid politicizing the dialogue and stressed that the G20 has always been and remains primarily an economic format," his ministry said in a statement. Georgieva, who heads an institution with 189 members, told reporters, "I can vouch for the fact that it is more difficult when there are tensions, but it is not impossible."The meetings in Washington are focused on how to help the global economy recover from the new shock caused by Russia's invasion, which has driven prices for food and fuel higher and caused the IMF to lower its global growth outlook to 3.6 percent for this year.

 

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