Current:Home > InvestAs G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda -TruePath Finance
As G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda
View
Date:2025-04-18 19:20:59
India is basking in its role as host of this week's G-20 foreign ministers' summit, but hoping its agenda doesn't get dominated by the Ukraine war.
As president of the Group of 20 (G-20) major economies, India wants to steer the agenda for Wednesday's summit start toward priorities for the Global South: climate change, food security, inflation and debt relief.
Three of India's neighbors — Sri Lanka, Pakistan and Bangladesh — are seeking urgent loans from the International Monetary Fund, as developing countries in particular struggle with rising global fuel and food prices.
But those prices have been exacerbated by Russia's invasion of Ukraine, and tensions over the war threaten to overshadow everything else.
U.S. Secretary of State Antony Blinken, Russian Foreign Minister Sergey Lavrov and their Chinese counterpart, Qin Gang, are all expected to attend the two-day meeting in New Delhi.
Last July, Lavrov walked out of a previous G-20 foreign ministers' meeting in Indonesia, after Western delegates denounced the Ukraine war. Last April, at another G-20 meeting, U.S. Treasury Secretary Janet Yellen and representatives from other Western nations walked out when Russia spoke.
India's G-20 presidency comes when it feels ascendant
Last year, India's economy became the fifth-largest in the world, surpassing that of its former colonial occupier, Britain. Any day now, India is expected to surpass China as the world's most populous country. (Some say it's happened already.) Its growth this year is expected to be the strongest among the world's big economies.
The G-20 presidency is a rotating role: Indonesia had it last year, and Brazil hosts next. But Indian Prime Minister Narendra Modi's government has sought to bill it — at least to a domestic audience — as a personal achievement by the prime minister, as he runs for reelection next year.
Billboards with Modi's face and India's G-20 logo — which is very similar to Modi's Bharatiya Janata Party's own logo — have gone up across India. In recent weeks, highway flyovers in Mumbai and New Delhi have been festooned with flower boxes. Lampposts got a fresh coat of paint.
And slum-dwellers have been evicted from informal settlements along roads in the capital where dignitaries' motorcades are traveling this week.
Besides its focus on economic issues most relevant to developing countries, another reason India wants to steer the agenda away from Ukraine is that it has maintained ties with Russia despite the war. Modi has called for a cease-fire but has so far refused to condemn Russian President Vladimir Putin's invasion. And India continues to buy oil and weapons from Moscow.
But at a similar G-20 finance ministers' meeting last week, Yellen accused Russian officials in attendance of being "complicit" in atrocities in Ukraine and in the resulting damage to the global economy.
That meeting, held Feb. 22-25 near the southern Indian city of Bengaluru, ended without a final joint communique being issued. And analysts have cast doubt on whether this week's foreign ministers' meeting might end any differently.
veryGood! (3375)
Related
- Nevada attorney general revives 2020 fake electors case
- Democratic Gov. Andy Beshear calls for unity in GOP-leaning Kentucky to uplift economy, education
- 50 ice anglers rescued from Minnesota lake in latest accident due to warm temperatures
- Judge raises mental health concern about man held in New Year’s Eve weekend gunfire near Vegas Strip
- Former Danish minister for Greenland discusses Trump's push to acquire island
- Harvard seeks to move past firestorm brought on by school President Claudine Gay’s resignation
- Argentina arrests three men suspected of belonging to a terror cell
- Trial of man charged with stabbing Salman Rushdie may be delayed until author's memoir is published
- Intel's stock did something it hasn't done since 2022
- Amber Heard Shares Rare Photo of Daughter Oonagh
Ranking
- Residents worried after ceiling cracks appear following reroofing works at Jalan Tenaga HDB blocks
- The Supreme Court is expected to determine whether Trump can keep running for president. Here’s why
- Nevada judge attacked by defendant during sentencing in Vegas courtroom scene captured on video
- New Maryland report highlights stagnant state economy
- Alex Murdaugh’s murder appeal cites biased clerk and prejudicial evidence
- Novak Djokovic stuns United Cup teammates by answering questions in Chinese
- More hospitals are requiring masks as flu and COVID-19 cases surge
- Biden administration announces $162 million to expand computer chip factories in Colorado and Oregon
Recommendation
Rams vs. 49ers highlights: LA wins rainy defensive struggle in key divisional game
Successful evacuation from burning Japan Airlines jet highlights dogged devotion to safety
Federal judge dismisses part of suit against Trump over Brian Sicknick, officer who died after Jan. 6 attack
Less oversharing and more intimate AI relationships? Internet predictions for 2024
Dick Vitale announces he is cancer free: 'Santa Claus came early'
Prosecutors file evidence against Rays shortstop Wander Franco in Dominican Republic probe
Successful evacuation from burning Japan Airlines jet highlights dogged devotion to safety
Outgoing Louisiana Gov. John Bel Edwards touts accomplishments in farewell address