G20 leaders on Wednesday strongly disapproved of the Russia-Ukraine war in “strongest terms”. They made a declaration saying “deplore in the strongest terms Russia’s aggression against Ukraine.”
The declaration further read, “Most members strongly condemned the war in Ukraine and stressed it is causing immense human suffering and exacerbating existing fragilities in the global economy.”
British news agency Reuters reported that the G20 declaration was approved by all members.
A German delegate confirmed no changes in the declaration that was adopted from a draft released on Tuesday.
The declaration also said “other views and different assessments of the situation and sanctions.”
The leaders were determined to uphold international law, as they said in the declaration which also showed how adamant the G20 leaders were for not admitting nuclear threat. They welcomed the Black sea grain initiative.
The declaration also stated that the central banks of the member countries would keep the monetary policy tightening and correctly calibrated while keeping in mind the need to minimize “cross-country spillovers.”
The members confirmed their commitment to avoid excessive exchange-rate volatility while acknowledging that “several currencies have moved dramatically” this year.
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