Current:Home > MarketsAs G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda -Summit Capital Strategies
As G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda
View
Date:2025-04-13 06:29:19
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! (18178)
Related
- A South Texas lawmaker’s 15
- Secretive State Climate Talks Stir Discontent With Pennsylvania Governor
- Prince George Is All Grown Up and Here to Make You Feel Old in 10th Birthday Portrait
- Carlee Russell Searched For Taken, Amber Alert Before Disappearance, Police Say
- From family road trips to travel woes: Americans are navigating skyrocketing holiday costs
- Prince George Is All Grown Up and Here to Make You Feel Old in 10th Birthday Portrait
- Gigi Hadid Says All's Well That Ends Well After Arrest in the Cayman Islands
- 3 injured in shooting outside Philadelphia bar, police say
- House passes bill to add 66 new federal judgeships, but prospects murky after Biden veto threat
- These $24 Pants Have the Sophistication of Trousers and Comfort of Sweatpants
Ranking
- Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
- You'll Buzz Over Samuel L. Jackson's Gift to Scarlett Johansson and Ryan Reynolds for Their 2008 Wedding
- What is AI? Experts weigh in
- Tiffany Haddish Shares She Had 8 Miscarriages
- Are Instagram, Facebook and WhatsApp down? Meta says most issues resolved after outages
- TikToker AJ Clementine Undergoes Vocal Feminization Surgery
- Save 44% On a Bertello Portable Pizza Oven That’s Fast and Easy To Use
- Advocates from Across the Country Rally in Chicago for Coal Ash Rule Reform
Recommendation
The White House is cracking down on overdraft fees
Bella Hadid and Boyfriend Marc Kalman Break Up
Jersey Shore’s Snooki Gets Candid on Her Weight Struggles in Message to Body Shamers
Q&A: What to Do About Pollution From a Vast New Shell Plastics Plant in Pennsylvania
EU countries double down on a halt to Syrian asylum claims but will not yet send people back
The alarming reason why the heat waves in North America, Europe are so intense
As Youngkin Tries to Pull Virginia Out of RGGI, Experts Warn of Looming Consequences for Low-Income Residents and Threatened Communities
Pete Davidson Gets Community Service Time for Reckless Driving Charge