Most G20 members condemn Russia's war in Ukraine -draft declaration - Reuters

NUSA DUA, Indonesia, Nov 15 (Reuters) - A draught declaration by leaders of the Group of 20 large economies, seen by Reuters connected Tuesday, said astir members condemned Russia's warfare successful Ukraine and stressed it was exacerbating weaknesses successful the planetary economy.

The G20 members besides voiced heavy interest implicit the risks to planetary nutrient information posed by escalating tensions, and emphasised the request for the independency of cardinal banks to guarantee they support up efforts to curb soaring inflation, according to the draft, which was confirmed by a European diplomat.

Referring to the "national positions" of G20 members, the draught declaration said they deplored "in the strongest presumption the aggression by the Russian Federation against Ukraine" and demanded "its implicit and unconditional withdrawal from the territory of Ukraine".

"Most members powerfully condemned the warfare successful Ukraine and stressed it is causing immense quality suffering and exacerbating existing fragilities successful the planetary economy," it said, adding: "There were different views and antithetic assessments of the concern and sanctions".

The 16-page papers had yet to beryllium adopted by G20 members.

Russian Foreign Minister Sergei Lavrov said connected Tuesday that Western countries had tried to "politicise" the associated declaration. He accused them of pushing to see a enactment condemning Russia's penetration of Ukraine connected behalf of each participating countries.

Wrangling implicit however to picture the warfare successful Ukraine prevented G20 ministers earlier this twelvemonth from issuing a associated communique.

Earlier connected Tuesday, Ukrainian President Volodymyr Zelenskiy urged counterparts astatine the acme via video nexus to measurement up their enactment and halt Russia's warfare successful his state nether a peace plan helium has proposed.

Russia, which was represented astatine the acme by its overseas minister, not President Vladimir Putin, says it is conducting a "special subject operation" successful Ukraine to destruct unsafe nationalists and support Russian-speakers. Kyiv and the West telephone Russia's actions an unprovoked imperialist onshore grab.

ECONOMIC FOCUS

The summit, which big Indonesia and different countries said should absorption connected risks to the planetary economy, has been overshadowed by Russia's penetration of Ukraine.

"Recognising that the G20 is not the forum to resoluteness information issues, we admit that information issues tin person important consequences for the planetary economy," the draught declaration said.

It besides said G20 cardinal banks were monitoring inflationary pressures and volition calibrate the gait of monetary tightening to guarantee ostentation expectations stay good anchored.

"Central slope independency is important to achieving these goals and buttressing monetary argumentation credibility," it said.

Fiscal stimulus measures should beryllium "temporary and targeted" to cushion the stroke of rising commodity costs for the astir vulnerable, to debar stoking inflationary pressures, it said.

On indebtedness problems, the draught stressed the value of each creditors sharing a just burden, without mentioning China, which has been criticised by Western countries for delaying efforts to mitigate the load for immoderate emerging economies.

The papers further called for multilateral improvement banks (MDBs) to instrumentality changes recommended by an autarkic committee successful July, similar lowering superior requirements, that could let the institutions to lend hundreds of billions of dollars much to processing countries each year. It asked MDBs to present a presumption update successful the outpouring of 2023.

; editing by Mark Heinrich

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