Current:Home > NewsAs G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda -FinanceMind
As G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda
View
Date:2025-04-15 08:21:02
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! (77)
Related
- 'As foretold in the prophecy': Elon Musk and internet react as Tesla stock hits $420 all
- Georgia football stomps undermanned Florida State in Orange Bowl
- Want a polar bear plunge on New Year's Day? Here's a deep dive on cold water dips
- Meet the New York woman bringing Iranian-inspired beer to the United States
- Tom Holland's New Venture Revealed
- Cowboys vs. Lions Saturday NFL game highlights: Dallas holds off Detroit in controversial finish
- ‘Wonka’ ends the year No. 1 at the box office, 2023 sales reach $9 billion in post-pandemic best
- Consulting firm McKinsey agrees to $78 million settlement with insurers over opioids
- Rolling Loud 2024: Lineup, how to stream the world's largest hip hop music festival
- John Pilger, Australia-born journalist and filmmaker known for covering Cambodia, dies at 84
Ranking
- 'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
- A killer's family helps detectives find victim's remains after 15 years
- Australians and New Zealanders preparing to be among first nations to ring in 2024 with fireworks
- Rocket arm. Speed. Megawatt smile. Alabama's Jalen Milroe uses all three on playoff path.
- 2025 'Doomsday Clock': This is how close we are to self
- Gaza family tries to protect newborn quadruplets amid destruction of war
- Influential former Texas US Rep. Eddie Bernice Johnson dies at 88
- That's a wrap: Lamar Jackson solidifies NFL MVP case with another dazzling performance
Recommendation
The Grammy nominee you need to hear: Esperanza Spalding
Dying in the Fields as Temperatures Soar
Detroit Pistons face final chance to avoid carrying NBA-record losing streak into 2024
Chief Justice Roberts casts a wary eye on artificial intelligence in the courts
Nearly half of US teens are online ‘constantly,’ Pew report finds
Kirk Cousins leads 'Skol' chant before Minnesota Vikings' game vs. Green Bay Packers
Mega Millions now at $92 million ahead of Friday drawing; See winning numbers
North Korea’s Kim says he’ll launch 3 more spy satellites and build more nuclear weapons in 2024