Russia-Ukraine crisis

G20 leaders’ declaration says most members strongly condemn war in Ukraine


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G20 leaders’ declaration says most members strongly condemn war in Ukraine

VOLODYMYR ZELENSKIY. Ukraine's President Volodymyr Zelenskiy addresses a session via video conferencing during the G20 Leaders' Summit, in Nusa Dua, Bali, Indonesia, November 16, 2022.

Willy Kurniawan/Reuters

(1st UPDATE) The declaration says most G20 members 'strongly condemned the war in Ukraine and stressed it is causing immense human suffering and exacerbating existing fragilities in the global economy'

NUSA DUA, Indonesia – Leaders of the Group of 20 (G20) major economies made a declaration on Wednesday, November 16, that said leaders reiterated positions expressed at other forums, including a UN General Assembly resolution that “deplores in the strongest terms” Russia’s aggression against Ukraine.

The declaration, approved on Wednesday, said most members strongly condemned the war in Ukraine but there were other views. It said international law must be upheld and the threat of the use of nuclear weapons was inadmissible and welcomed the Black Sea grain initiative.

The declaration also said members’ central banks would continue to appropriately calibrate the pace of monetary policy tightening.

It was approved by all members of the G20 bloc, three diplomatic sources told Reuters.

A German delegate said it was adopted without any changes from a draft released on Tuesday.

The declaration said there were “other views and different assessments of the situation and sanctions”.

Members reaffirmed their commitment to avoid excessive exchange-rate volatility while recognizing that “many currencies have moved significantly” this year. –

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