Current:Home > MarketsAs G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda -Achieve Wealth Network
As G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda
View
Date:2025-04-24 20:31:49
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! (541)
Related
- Rylee Arnold Shares a Long
- Taylor Swift says at Eras Tour in Dublin that 'Folklore' cottage 'belongs in Ireland'
- Are there microplastics in your penis? It's possible, new study reveals.
- Pogacar takes the yellow jersey in the 2nd stage of the Tour de France. Only Vingegaard can keep up
- Off the Grid: Sally breaks down USA TODAY's daily crossword puzzle, Triathlon
- BET Awards return Sunday with performances from Lauryn Hill, Childish Gambino, Will Smith and more
- Evacuation orders lifted for some Arizona residents forced from their homes days ago by a wildfire
- Stock market today: Asian stocks log modest gains as economic data are mixed for Japan and China
- DeepSeek: Did a little known Chinese startup cause a 'Sputnik moment' for AI?
- Top California Democrats announce ballot measure targeting retail theft
Ranking
- 'Vanderpump Rules' star DJ James Kennedy arrested on domestic violence charges
- How ratings for first presidential debate of 2024 compare with past debates
- Thousands attend annual EuroPride parade in Greek city of Thessaloniki amid heavy police presence
- California Gov. Gavin Newsom signs budget to close $46.8B budget deficit
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- Martin Mull, scene-stealing actor from 'Roseanne', 'Arrested Development', dies at 80
- This pink blob with beady eyes is a humanoid robot with living skin
- Céline Dion Makes Surprise Appearance at NHL Draft Amid Health Battle
Recommendation
Trump suggestion that Egypt, Jordan absorb Palestinians from Gaza draws rejections, confusion
Camila Cabello's 'racist' remarks resurface after Drake and Kendrick Lamar feud comments
Heatstroke is a real risk for youth athletes. Here's how to keep them safe in the summer
The Latest | Polls are open in France’s early legislative election
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
Major brands scaled back Pride Month campaigns in 2024. Here's why that matters.
See them while you can: Climate change is reshaping iconic US destinations
Taylor Swift plays song for eighth time during acoustic set in Dublin