British Prime Minister Rishi Sunak traveled to Indonesia on Sunday for his first G20 summit and will urge other powers to unite against “malicious actorsof the global economy, in a thinly veiled attack on China.
Head of government for three weeks, Rishi Sunak, was due to meet for the first time one-on-one with US President Joe Biden during this meeting between the major powers in Bali. While he will emphasize the importance of Western unity against Russia amid the war in Ukraine, Rishi Sunak also wants his allies to strengthen the international financial system, especially the World Trade Organization (WTO), Downing Street has indicated on Sunday evening.
Developing countries must have access to credit to ensure their economic growth without becoming dependent on lenders.operatorsRishi Sunak is expected to make a statement at the summit, echoing the G7’s criticism of China. The WTO must also be reformed to curb “manipulation of global markets by malicious actorsmust add the Prime Minister in another thinly veiled attack on China, a member of the G20.
Regarding the Russian invasion of Ukraine, the Prime Minister reiterated that the United Kingdom “condemn the Putin regime and expose its complete disregard for international cooperation and respect for sovereignty that summits like the G20 represent“, he said in a statement on Saturday. And although Vladimir Putin is not attending the summit, Downing Street confirmed that Rishi Sunak counts “condemn the regimeduring a speech to the summit plenary, which will be attended by Russian Foreign Minister Sergei Lavrov.
Some experts had wondered whether Rishi Sunak would be lenient with Russia in light of the economic crisis affecting the United Kingdom, exacerbated by rising energy prices since the invasion. But Downing Street reiterated that Britain’s support for Ukraine “will not fade or change“.
also readG20: Biden wants to put “red lines” under his face-to-face with Xi
Rishi Sunak is due to return to London on Thursday to attend the presentation of the budget by his finance minister, who is expected to present tax increases and painful spending cuts to cope with inflation exceeding 10%. “But tackling the biggest economic crisis in a decade will require a concerted effort from the world’s biggest economies – these are not problems we can solve alonehe said before flying to Bali.
.