G20 finance chiefs resolved on food security; Ukraine war prevents formal communique

and rising debt, but made few policy breakthroughs amid divisions over Russia's war in Ukraine at a two-day meeting in Indonesia.

Western countries have enforced strict sanctions against Russia, which says it is conducting a"special military operation" in Ukraine. Other G20 nations, including China, India and South Africa, have been more muted in their response. The G20 will set up a joint forum between finance and agriculture ministers to address food and fertiliser supply issue. A similar forum has been set up for finance and health ministers for pandemic preparedness.

G20 members pulled together at the start of the pandemic, but initiatives to cushion the shock for heavily indebted poor countries failed to produce significant results.

Get it right, please! It was not Ukraine war but rather the sanctions by the US !!!!

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

G20 finance talks to end without joint communique, say officialsBALI: A two-day meeting of G20 finance ministers in Indonesia is expected to end on Saturday (Jul 16) without a joint communique, two officials said, after Russia's war in Ukraine overshadowed proceedings. During talks on the Indonesian resort island of Bali, finance chiefs from Western nations accused Rus As usual, no concrete results
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »

Ukraine war to dominate G-20 meeting of finance chiefs in Indonesia
Source: STForeignDesk - 🏆 4. / 71 Read more »