![]() ![]() It said countries pledged to strengthen and reform multilateral development banks, while it accepted the proposal for tighter regulation of cryptocurrencies. The declaration also said the group agreed to address debt vulnerabilities in low and middle-income countries "in an effective, comprehensive and systematic manner", but did not make any fresh action plan. India's sherpa, the country representative to the G20, said the host nation worked "very closely" with Brazil, South Africa and Indonesia to reach a consensus on the language on the war in Ukraine in the summit document. The differing views on the war had prevented agreement on even a single communique at ministerial meetings during India's G20 presidency so far this year. "Differing viewpoints and interests were at play, but we were able to find common ground on all issues," he told a press conference. India's Foreign Minister Subrahmanyam Jaishankar said China, Russia's main major ally, was supportive of the outcome. Moscow pulled out of the agreement in July over what it called a failure to meet its demands to implement a parallel agreement easing rules for its own food and fertilizer exports. The declaration also called for the implementation of the Black Sea initiative for the safe flow of grain, food and fertilizer from Ukraine and Russia. Moscow denies committing atrocities during the conflict, which it terms a "special operation" to "demilitarize" Ukraine. ![]() Russia's 2022 invasion of Ukraine has left tens of thousands of dead, displaced millions and sown economic turmoil across the world. He had said he would block the final declaration unless it reflected Moscow's position on Ukraine and other crises. There was no immediate reaction from Russia, which is being represented by Foreign Minister Sergei Lavrov. "I think that is a good and strong outcome." However, German Chancellor Olaf Scholz said the declaration demonstrated a clear position on Russia's invasion of Ukraine by saying that the territorial integrity of countries cannot be called into question with violence.īritish Prime Minister Rishi Sunak said the declaration had "very strong language about Russia's illegal war in Ukraine". ![]() Ukraine's foreign ministry said the declaration was "nothing to be proud of", adding that a Ukrainian presence would have given participants a better understanding of the situation. ![]()
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