US hopes for G20 joint declaration despite Russia-China tensions. The US has expressed its hope that the G20 summit in India this weekend will result in a joint declaration that reflects the cooperation of the world’s major economies, even as Russia and China pose challenges to the consensus.
According to a top White House official, the US is committed to working with emerging market partners to deliver big things together at the G20 summit, which is being hosted by Prime Minister Narendra Modi in New Delhi on September 9 and 10.
However, the official also acknowledged that it is difficult to get 20 clocks to chime at the same time, especially when some of them are not even attending the summit. Russian President Vladimir Putin and Chinese President Xi Jinping have decided to skip the G20 summit, amid their disagreements with the West over issues such as Ukraine, human rights, and trad.
The official said that the US hopes that Russia and China will sign on to the joint declaration, but also hinted that there is a chance that the summit may end up without one. He said that the US knows that India also wants to see a joint declaration, and that they will work on it.
One of the main goals of the US heading into the G20 is to help reshape and scale up multilateral development banks like the IMF and the World Bank, which are some of the most effective tools for mobilizing transparent and high-quality investment in developing countries.
The official also said that the US is looking forward to welcoming the African Union as a permanent member of the G20, which will make the group stronger[^1^][1]. US President Joe Biden will arrive in New Delhi on Friday to participate in the G20 summit. He is expected to meet with Prime Minister Modi and other leaders to discuss global issues such as climate change, health, security, and technology.