Business Maverick: Sunak takes aim at Putin, urging end to loopholes, at G20 debut

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UK Prime Minister Rishi Sunak plans to call for the Group of 20 summit to help end the war in Ukraine by closing loopholes exploited by Russian President Vladimir Putin for years.

In his second major international gathering since taking over as prime minister, Sunak will push for global action to bring down the cost of living, boost global trade, prevent starvation and end the war.

Russian Foreign Minister Sergey Lavrov is attending the talks instead of Putin. Sunak said he will use the opportunity “to call out Putin’s barbarism and force Russia to confront the global suffering caused by this senseless campaign of violence”. Sunak said the global community needs to take action “to support the global food trade to save lives at risk of starvation”, including renewing the Black Sea Grain Initiative, a safe food corridor from Ukrainian ports, on 19 November.Reform of the World Trade Organisation to boost bilateral trade could also “release the opportunities of the 21st century while tackling the manipulation of global markets by malign actors”.

 

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