Economy Minister Martin Guzman did not join the boycott in Washington once morest Russia for the war in Ukraine, led by some representatives of countries that left the G20 compound when the Russian minister began to give his speech in that forum.
“Yes, he stayed” confirmed to Clarion sources close to the minister. “Why should he go?” they added. “Germany stayed, Japan stayed”, they explain. “Staying has nothing to do with the country’s position, those positions are expressed in the United Nations, where Argentina expressed its position, where it corresponds,” they added.
The maneuver of some countries such as the United States, the United Kingdom, Canada and the European Union took place on Wednesday, at a meeting of ministers and heads of Central Banks of the G20 within the framework of the Assembly of the International Monetary Fund and the World Bank that takes place held this week in the US capital.
Guzmán did not have to speak in yesterday’s session, he had done so on Tuesday night. He also stayed to listen to his Russian Anton Siluanov, while others left the room.
In the session, the Secretary of the Treasury Janet Yellenthe chairman of the US Federal Reserve, Jerome Powell, the head of the European Central Bank, Christine Lagarde, and the Minister of Canada, Chrystia Freeland, among others, they left the plenary when Siluanov was speaking virtually.
The representative of Canada, Chrystia Freeland, posted on his Twitter a photo with Yellen and other ministers outside the compound: “The world’s democracies must not stand idly by in the face of continued Russian aggression and war crimes. Today, Canada and other democratic partners walked out of the G20 plenary as Russia sought to intervene.” He added that “Russia should not participate or be included in these meetings.”
Argentine sources who were at the meeting pointed out to Clarion that “the ministers of Economy and presidents of central banks have a responsibility that is to debate and advance from multilateralism in policies and initiatives that allow steps to be taken in improvements at a global level. The topic was not human rights, it was economic.” And they added that no emerging country rose, not Germany, Italy, Japan or Switzerland.
At the eventful meeting, Ukraine’s Finance Minister, Sergei Marchenkoalso made a direct appeal for world leaders to provide his country with more financial aid, shortly before leaving the meeting along with Western officials.
As stated The Washington Postother ministers who followed the session virtually they turned off their cameras when the Russian representative began to speak.
While several nations joined the strike, several other G20 members, including China, India, Japan, or Italy, did not. The fissures highlight the growing global divide over whether and how to exclude Russia from the international community over the war.
The war flies over the entire Assembly of the IMF, the World Bank and the G20. In global economic projections, the Fund cut world growth due to the conflict, the economic sanctions stemming from the invasion and the energy impact on the world.
At the G20, Ukraine’s Marchenko called on world leaders to give Ukraine 10 percent of its allocation of special drawing rights (SDRs), a reserve asset distributed by the IMF that can be exchanged for dollars, to help the country. survive the next three months of the war.
Ukraine has also said that countries can help support it through financing programs at the World Bank or direct grants.
Marchenko told world leaders that Russia is a disease for the international economy and Ukraine is “those immunity cells that have to be activated by good international medicine to kill the disease. And there is no way out. Otherwise, the infection will spread and the contamination will start.”
In his speech to the G20 on Tuesday, the day before the boycott, Guzmán said that “the war in Ukraine has tremendous consequences on the prices of food, energy, metals, it is a profound alteration of supply chains.”
“As a global community, we need to find mechanisms to implement policies that allow our societies not to face a very regressive shock,” he added.
Guzmán will continue this Thursday with his agenda in Washington, which includes bilateral meetings with his counterparts from Italy and Germany and the European Union.