Top officials from Britain, the United States, and Canada walked out on Russia’s representatives at a Group of 20 meeting on Wednesday and many members spoke to condemn Moscow’s war in Ukraine, exposing deep divisions in the bloc of major economies.
Indonesian Finance Minister Sri Mulyani Indrawati, who chaired the meeting of G20 finance officials in Washington, acknowledged the body faced unprecedented challenges but called for cooperation to overcome headwinds slowing global growth.
Ms. Indrawati said many countries spoke out against the war at the meeting, although she did not identify them. She was joined by Federal Reserve Chair Jerome Powell, Bank of England Governor Andrew Bailey, Canadian Finance Minister Chrystia Freeland, and European Central Bank President Christine Lagarde.
Over five million Ukrainians have fled abroad since Russia invaded on Feb. 24, the biggest attack on a European state since 1945. Russia’s finance ministry did not mention the walkout in a statement issued after the meeting. It cited Mr. Siluanov as calling on the G20 not to politicize dialogue between members and stressing the grouping had always focused on the economy.“Another aspect of the current crisis is the undermining of confidence in the existing international monetary and financial system,” it said.
Given the divisions, the group did not issue a communique. Instead, Indrawati read a statement summarizing the meeting and underscoring the importance of the body.
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