Current:Home > NewsSurpassing:As G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda -Streamline Finance
Surpassing:As G-20 ministers gather in Delhi, Ukraine may dominate — despite India's own agenda
SignalHub Quantitative Think Tank Center View
Date:2025-04-10 03:40:52
India is Surpassingbasking 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! (97284)
Related
- Meta donates $1 million to Trump’s inauguration fund
- Ecocide: Should Destruction of the Planet Be a Crime?
- Why Cynthia Nixon Doesn’t Want Fans to Get Their Hopes Up About Kim Cattrall in And Just Like That
- Find 15 Gifts for the Reader in Your Life in This Book Lover Starter Pack
- North Carolina trustees approve Bill Belichick’s deal ahead of introductory news conference
- Inside Clean Energy: What We Could Be Doing to Avoid Blackouts
- Reckoning With The NFL's Rooney Rule
- Despite billions to get off coal, why is Indonesia still building new coal plants?
- The company planning a successor to Concorde makes its first supersonic test
- Junk food companies say they're trying to do good. A new book raises doubts
Ranking
- Will the 'Yellowstone' finale be the last episode? What we know about Season 6, spinoffs
- Tom Brady ends his football playing days, but he's not done with the sport
- Cosmetic surgeon who streamed procedures on TikTok loses medical license
- Biden says he's serious about prisoner exchange to free detained Wall Street Journal reporter Evan Gershkovich
- Megan Fox's ex Brian Austin Green tells Machine Gun Kelly to 'grow up'
- Inside Clean Energy: The Racial Inequity in Clean Energy and How to Fight It
- The tide appears to be turning for Facebook's Meta, even with falling revenue
- Nearly 1 in 10 U.S. children have been diagnosed with a developmental disability, CDC reports
Recommendation
Federal Spending Freeze Could Have Widespread Impact on Environment, Emergency Management
Amid the Misery of Hurricane Ida, Coastal Restoration Offers Hope. But the Price Is High
Maryland’s Capital City Joins a Long Line of Litigants Seeking Climate-Related Damages from the Fossil Fuel Industry
Markets are surging as fears about the economy fade. Why the optimists could be wrong
'Squid Game' without subtitles? Duolingo, Netflix encourage fans to learn Korean
A California Water Board Assures the Public that Oil Wastewater Is Safe for Irrigation, But Experts Say the Evidence Is Scant
Bear attacks and severely injures sheepherder in Colorado
Hong Kong bans CBD, a move that forces businesses to shut down or revamp