Arab Press

بالشعب و للشعب
Wednesday, Feb 18, 2026

No G20 Joint Statement After China Objects To Use Of "War" Over Ukraine

No G20 Joint Statement After China Objects To Use Of "War" Over Ukraine

G20 finance ministers again failed Saturday to agree a joint statement on the global economy at talks in India, after China sought to water down references to the Ukraine war.
G20 finance ministers failed Saturday to agree a joint statement on the global economy at talks in India, after China sought to water down references to the Ukraine war.

Instead current G20 president India issued a "chair's summary" which said "most members strongly condemned the war in Ukraine" and that there were "different assessments of the situation and sanctions" at the two-day meeting in Bengaluru.

A footnote said two paragraphs in the summary about the war, which it said were adapted from the G20 Bali Leaders' Declaration in November, "were agreed to by all member countries except Russia and China".

Spain's representative Nadia Calvino had said earlier that because of "less constructive" approaches by some unspecified countries at the talks among the world's top 20 economies, agreeing on a statement was "difficult".

China wanted to change the language of the declaration from November, officials told AFP, with one saying on condition of anonymity that Beijing wished to remove the word "war".

Previous meetings of G20 finance ministers and central bank chiefs have also failed to produce a common communique since Russia, a member of the grouping, invaded its neighbour last February.

Senior Indian official Ajay Seth said the Chinese and Russian representatives did not want to sign up to the wording on Ukraine because "their mandate is to deal with economic and financial issues".

"On the other hand, all the other 18 countries felt that the war has got implications for the global economy" and needed to be mentioned, Seth told a closing news conference.

China has sought to position itself as neutral on the conflict while maintaining close ties with strategic ally Russia.

State news agency Xinhua quoted top diplomat Wang Yi on Wednesday as saying China was willing to "strengthen strategic coordination" with Russia after meeting President Vladimir Putin in Moscow.

On Friday, the first anniversary of the invasion, China published a 12-point paper calling for a "political settlement" to the crisis that was met with scepticism from Ukraine's allies.

G20 host India has also refused to condemn Russia, which is New Delhi's biggest arms supplier and has become a major source of oil for India since the invasion.

Western countries -- including the United States, Germany and France -- had insisted the language in any joint statement could not be weaker than the communique issued by G20 leaders in Indonesia in November.

"This is a war. And this war has a cause, has one cause, and that is Russia and Vladimir Putin. That must be expressed clearly at this G20 finance meeting," German Finance Minister Christian Lindner told a news conference on Friday.

Debt relief

India's summary document said the global economic outlook had "modestly improved", although overall growth remains "slow" and risks persist including elevated inflation, a resurgence of the pandemic and high debts in many poorer nations.

On climate change it stressed the importance of meeting "fully as soon as possible" the commitment made by developed countries to mobilise $100 billion in climate finance annually through 2025 for poorer countries.

The gathering also focused on debt relief for poorer countries hit by rocketing inflation because of the war, amid differences between China and the West on how to provide it.

Western officials want China to take "haircuts" on loans to debt-stricken nations but Beijing says multilateral lenders including the World Bank should also do so.

India's summary said that "strengthening multilateral coordination by official bilateral and private creditors" was needed. Delegates said agreeing this wording was a success.

"In Bali last summer we discussed for three days the wording of a communique and we didn't discuss substance at all there. We did this time," one negotiator said.

International Monetary Fund chief Kristalina Georgieva called it a "very good meeting", praising the Indian presidency for focusing "on the issues that really matter" such as inflation and debt.

Other topics included efforts towards a global tax on tech giants, widening the remit of multilateral development banks such as the World Bank to help nations hit by climate change, and cryptocurrencies.
Newsletter

Related Articles

Arab Press
0:00
0:00
Close
Kazakhstan and Saudi Arabia Deepen Strategic Partnership with New Investment and Energy Agreements
Saudi Crown Prince Receives Written Message from Kazakhstan’s President Amid Expanding Strategic Ties
ImmunityBio Shares Rise After Saudi Arabia BCG Manufacturing Update Spurs Investor Optimism
Global Music Star Tyla Confirmed as Headliner at 2026 Saudi Arabian Grand Prix Entertainment Lineup
Somalia and Saudi Arabia Forge New Military Partnership Amid Regional Power Shifts
Saudi Arabia and Several Nations Criticize Israeli West Bank Land Measures as Diplomatic Tensions Rise
Saudi Public Investment Fund Transfers Stake in Take-Two Interactive as Portfolio Strategy Evolves
Saudi Arabia’s Flagship Defense Expo Highlights Industrial Ambitions and Expanding Arms Portfolio
Strategic Divergence Deepens as Saudi Arabia and UAE Recalibrate Gulf Partnership
Saudi Arabia Confirms Start of Ramadan as Crescent Moon Sighted, While Other Nations Begin a Day Later
Rubio Calls for Sweeping U.N. Reform, Saying It Has Failed to End Wars in Gaza and Ukraine
10,000 Condoms Distributed at Winter Olympics 2026 Athlete Village Depleted Within 72 Hours
Prince William Meets Saudi Crown Prince as Epstein-Andrew Fallout Casts Shadow
Goldman Sachs and DP World Executive Resignations: Elite-Reputation Risk and Corporate Governance Fallout From the Epstein Disclosures
OpenAI and DeepCent Superintelligence Race: Artificial General Intelligence and AI Agents as a National Security Arms Race
Prince William in Saudi Arabia on Official Three-Day Visit to Strengthen UK-Saudi Relations
Prince William Highlights Women’s Sport During High-Profile Visit to Saudi Arabia
Prince William Begins High-Profile Diplomatic Mission to Saudi Arabia
Syria and Saudi Arabia Seal Multibillion-Dollar Investment Agreements to Drive Post-War Economic Reconstruction
Apple iPhone Lockdown Mode blocks FBI data access in journalist device seizure
Foreign Governments and Corporations Spend Millions with Trump-Linked Lobbying Firm in Washington
KPMG Urges Auditor to Relay AI Cost Savings
Saudi Arabia Quietly Allows Wealthy Foreign Residents to Buy Alcohol, Signalling Policy Shift
US and Iran to Begin Nuclear Talks in Oman
China unveils plans for a 'Death Star' capable of launching missile strikes from space
Investigation Launched at Winter Olympics Over Ski Jumpers Injecting Hyaluronic Acid
U.S. State Department Issues Urgent Travel Warning for Citizens to Leave Iran Immediately
Wall Street Erases All Gains of 2026; Bitcoin Plummets 14% to $63,000
Eighty-one-year-old man in the United States fatally shoots Uber driver after scam threat
German Chancellor Friedrich Merz Begins Strategic Gulf Tour with Saudi Arabia Visit
Dubai Awards Tunnel Contract for Dubai Loop as Boring Company Plans Pilot Network
Five Key Takeaways From President Erdoğan’s Strategic Visit to Saudi Arabia
AI Invented “Hot Springs” — Tourists Arrived and Were Shocked
Erdoğan’s Saudi Arabia Visit Focuses on Trade, Investment and Strategic Cooperation
Germany and Saudi Arabia Move to Deepen Energy Cooperation Amid Global Transition
Saudi Aviation Records Historic Passenger Traffic in 2025 and Sets Sights on Further Growth in 2026
Tech Market Shifts and AI Investment Surge Drive Global Innovation and Layoffs
Global Shifts in War, Trade, Energy and Security Mark Major International Developments
Tesla Ends Model S and X Production and Sends $2 Billion to xAI as 2025 Revenue Declines
The AI Hiring Doom Loop — Algorithmic Recruiting Filters Out Top Talent and Rewards Average or Fake Candidates
Federal Reserve Holds Interest Rate at 3.75% as Powell Faces DOJ Criminal Investigation During 2026 Decision
Putin’s Four-Year Ukraine Invasion Cost: Russia’s Mass Casualty Attrition and the Donbas Security-Guarantee Tradeoff
Saudi Crown Prince Tells Iranian President: Kingdom Will Not Host Attacks Against Iran
U.S. Central Command Announces Regional Air Exercise as Iran Unveils Drone Carrier Footage
Trump Defends Saudi Crown Prince in Heated Exchange After Reporter Questions Khashoggi Murder and 9/11 Links
Saudi Stocks Rally as Kingdom Prepares to Fully Open Capital Market to Global Investors
Air France and KLM Suspend Multiple Middle East Routes as Regional Tensions Disrupt Aviation
Saudi Arabia scales back Neom as The Line is redesigned and Trojena downsized
Saudi Industrial Group Completes One Point Three Billion Dollar Acquisition of South Africa’s Barloworld
Saudi-Backed LIV Golf Confirms Return to Trump National Bedminster for 2026 Season
×