Daily Sabah logo

Politics
Diplomacy Legislation War On Terror EU Affairs Elections News Analysis
TÜRKİYE
Istanbul Education Investigations Minorities Expat Corner Diaspora
World
Mid-East Europe Americas Asia Pacific Africa Syrian Crisis Islamophobia
Business
Automotive Economy Energy Finance Tourism Tech Defense Transportation News Analysis
Lifestyle
Health Environment Travel Food Fashion Science Religion History Feature Expat Corner
Arts
Cinema Music Events Portrait Reviews Performing Arts
Sports
Football Basketball Motorsports Tennis
Opinion
Columns Op-Ed Reader's Corner Editorial
PHOTO GALLERY
JOBS ABOUT US RSS PRIVACY CONTACT US
© Turkuvaz Haberleşme ve Yayıncılık 2025

Daily Sabah - Latest & Breaking News from Turkey | Istanbul

  • Politics
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • Elections
    • News Analysis
  • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Expat Corner
    • Diaspora
  • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • Islamophobia
  • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
  • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
  • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Reviews
    • Performing Arts
  • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
  • Gallery
  • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
  • TV
  • Business
  • Automotive
  • Economy
  • Energy
  • Finance
  • Tourism
  • Tech
  • Defense
  • Transportation
  • News Analysis

G-20 rues economic impact of Ukraine, 'most' condemn war

by Agence France-Presse - AFP

NUSA DUA, Indonesia Nov 15, 2022 - 8:50 am GMT+3
The leaders of the G-20 gathered in Nusa Dua peninsula at the G-20 Summit, chaired by Indonesia this year, Bali, Indonesia, Nov. 15, 2022. (AA Photo)
The leaders of the G-20 gathered in Nusa Dua peninsula at the G-20 Summit, chaired by Indonesia this year, Bali, Indonesia, Nov. 15, 2022. (AA Photo)
by Agence France-Presse - AFP Nov 15, 2022 8:50 am

The G-20, including Russia, will deplore the economic impact of the Ukraine conflict, according to a draft communique on Tuesday, with "most" members also condemning the war.

The draft statement, studied by Agence France-Presse (AFP) during a summit in Bali, Indonesia, will also call for the extension of the landmark Türkiye-brokered deal with Russia expiring on Saturday that allows the export of Ukrainian grain.

"This year, we have also witnessed the war in Ukraine further adversely impact the global economy," the draft reads.

Countries "reiterated our national positions" and "most members strongly condemned the war in Ukraine," it adds.

"It is causing immense human suffering and exacerbating existing fragilities in the global economy."

The draft notes there were "other views" and that the "G-20 is not the forum to resolve security issues," but members acknowledged that security issues could "have significant consequences for the global economy."

Russia's 8-month-old invasion of Ukraine has caused a disastrous spike in global food and energy prices, tipping millions more into poverty and raising the specter of famine for some.

Ukraine is one of the world's top grain producers and the Russian invasion had blocked 20 million tonnes of grain in its ports until the United Nations and Türkiye brokered a July deal giving shipments safe passage.

That deal expires on Saturday and the draft communique urges its "full, timely and continued implementation."

The document, which must still be approved by G-20 leaders before it is officially issued at the summit's close on Wednesday, warns "today's era must not be of war."

And it calls the use or threats to use nuclear weapons "inadmissible," after dark rhetoric from Russian President Vladimir Putin on their possible use in Ukraine.

  • shortlink copied
  • Last Update: Nov 15, 2022 10:11 am
    KEYWORDS
    global economy grain deal grain shipment food prices g20 russian invasion of ukraine
    The Daily Sabah Newsletter
    Keep up to date with what’s happening in Turkey, it’s region and the world.
    You can unsubscribe at any time. By signing up you are agreeing to our Terms of Use and Privacy Policy. This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
    No Image
    Quakes cause 50-meter-deep valley on farmland in Türkiye's Hatay
    PHOTOGALLERY
    • POLITICS
    • Diplomacy
    • Legislation
    • War On Terror
    • EU Affairs
    • News Analysis
    • TÜRKİYE
    • Istanbul
    • Education
    • Investigations
    • Minorities
    • Diaspora
    • World
    • Mid-East
    • Europe
    • Americas
    • Asia Pacific
    • Africa
    • Syrian Crisis
    • İslamophobia
    • Business
    • Automotive
    • Economy
    • Energy
    • Finance
    • Tourism
    • Tech
    • Defense
    • Transportation
    • News Analysis
    • Lifestyle
    • Health
    • Environment
    • Travel
    • Food
    • Fashion
    • Science
    • Religion
    • History
    • Feature
    • Expat Corner
    • Arts
    • Cinema
    • Music
    • Events
    • Portrait
    • Performing Arts
    • Reviews
    • Sports
    • Football
    • Basketball
    • Motorsports
    • Tennis
    • Opinion
    • Columns
    • Op-Ed
    • Reader's Corner
    • Editorial
    • Photo gallery
    • DS TV
    • Jobs
    • privacy
    • about us
    • contact us
    • RSS
    © Turkuvaz Haberleşme ve Yayıncılık 2021