After the Russian Invasion of Ukraine, the G20 has focused upon coordinating to condemn Russia and showing them that they’re on their own in their actions. In an effort to bring Russia to come back on its feet and end the suffering, this has been done. This is not an easy job. But, the G20 is required to remain united in order to show the world that Russia’s actions are not acceptable.
1. Which G20 nations are they?
The G20 nations are a group made up of twenty countries which are collaborating with respect to economic and financial matters. The countries that are members of the G20 include Argentina, Australia, Brazil, Canada, China, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey and the United Kingdom, and the United States. The G20 was created in 1999 in the wake of the Asian financial crisis.
2. What’s the official statement issued by the G20 on Russia?
The G20 is an international body that brings together all of the nations with the 20 biggest economies in the world. Its mission is to “strengthen international economic co-operation.” Since its inception, the G20 has become increasingly open about issues like climate change and tax abstention. To address news of Russia’s meddling in the 2016 presidential race, the G20 issued a statement on Russia. The statement condemned the actions of Russia and called for an investigation. The G20 also called on all member states to take actions to ensure that they do not repeat the same infringement at any time in the future.
3. What’s the point of Russia not being included in G20?
Russia even though it’s part of the G20 (group of 20 major economies) however, has seen its standing diminishing over the years. It is because of various factors like Russia’s annexation Crimea and its involvement with the ongoing conflict in Ukraine, which has been a reason for sanctions being placed on the country by a number of G20 members. Russia is experiencing a downturn because of the falling price of oil. All these factors have contributed to Russia being seen as an unimportant member of the G20.
A Short Summary
The G20 leaders are strongly condemning Russia’s conflict with Ukraine in their declaration. This is a significant position adopted by the world’s biggest economies to oppose Russia’s aggression.