G20 declaration in Bali puts Ukraine war’s negative economic impact in focus

BALI, 17 November 2022, (TON): Most of the leaders of the G20 who participated in the Bali summit have condemned Russia’s invasion of Ukraine and demanded its unconditional withdrawal from Ukrainian territory in the final declaration.

The statement, was the outcome of a challenging meeting that took place at a moment of geopolitical turmoil and fears of a global recession.

The war in Europe, which has fueled tensions among G20 members over a global surge in food and energy prices, was the most contentious issue during the leaders’ discussions.

“Most members strongly condemned the war in Ukraine and stressed it is causing immense human suffering and exacerbating existing fragilities in the global economy.”

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