China has always refrained from publicly supporting or condemning the Russian offensive, although it has repeatedly expressed its disagreement with Western sanctions.
The Russian government accused Western countries of having “destabilized” the meeting by trying to “blackmail” a joint statement on the Ukraine conflict.
The United States, the European Union and the G7 “disrupted collective decision-making,” the Russian Foreign Ministry said in a statement.
On Friday, one year after the start of the conflict, China presented a 12-point document urging the two sides to start peace talks.
Germany and France defended the use of the word “war” on Friday. In Ukraine, “it is a war. And this war has a cause, a single cause, which is Russia and [el presidente ruso] Vladimir Putin,” said German Finance Minister Christian Lindner.
“We will oppose any setback in the joint declaration, regarding the Bali declaration on Ukraine,” also warned the French Minister of Economy and Finance, Bruno Le Maire.
The final declaration from Bali indicated that “the majority of members [del G20] They condemned the war in Ukraine.”
Reforms and debts
India’s G20 Finance also held talks on the indebtedness of the poorest countries on the planet.
In 2020, the group had agreed to define a “common framework” to restructure those debts, but the process is slow.
In Bangalore the issue of a reform of the international financial institutions was also addressed.
The World Bank had presented a roadmap in this regard in October.
This reform should make it easier to obtain funds for the poorest countries to face inflation, debt or climate change.
