WATCH: G7 and European Leaders Discuss Ukraine Plan on Margins of G20 | Meloni Meets Takaichi | N18G
Yes. Okay, we can start. Thank you. Oh my god. I guess. Okay. Thank you so much. Thank you. Thank you. be more natural. I think What’s it supposed to come? Well, if we could get far enough back fragmentation as well as Russia’s ongoing unjustified war in Ukraine. The shock waves of that invasion are still reverberating through global markets today. It has hit growth, driven up food and energy prices, and deepened persistent imbalances and instability across the world. First, we do need to tackle global imbalances like excessive surpluses and deficits which can disrupt trade flows. sever supply chains and choke off growth. For deficit countries, that means acting to stop unsustainable borrowing and prioritize the investment and structural reforms that drive up growth. For surplus countries, it means taking action to reduce subsidies and other trade distortions as well as measures to boost domestic consumption. Second, we should promote open and balanced trade, taking steps to liberalize trade where we can with new agreements that lower tariffs and barriers and return to the stability and certainty that business needs. This is a real priority for my government and I’m proud of the agreements we’ve reached and the progress that we’ve made with partners like India uh and the EU. Third, in an era of instability, we need to make our economies more resilient. In the UK, this means an unshakable commitment to fiscal discipline and it means investing in growth in critical areas like clean energy production. We want to work with partners around the world on this to protect us all from future energy uh shocks and we want to act together to secure vital supply chains including for critical minerals. Fourth, we need to reform the international rules-based system so that it is fit for the modern world. We need to work together to ensure organizations like the WTO are more able to be agile with new rules to meet modern challenges like environmental and digital trade. Finally, we do need to work together to tackle the unique challenges facing emerging economies, especially in Africa. Whether it’s the growing debt burden or the financing gap for the sustainable development goals, this G20 is the moment to respond to these structural challenges and to deliver more stable and resilient finance. and we’re working on that through the London Coalition on Sustainable Debt. We need to go further under the G20 common framework to make debt restructuring better, faster, and easier. And we need to crowd in more private capital. So, let me thank you once again, President Ramaposa, for your presidency of this G20. I wish the US the best of luck next year in 2026 and I look forward to taking forward the agenda during our presidency in 2027. Thank you.
Group of Seven nations, EU leaders Ursula von der Leyen and Antonio Costa, and other European leaders were discussing Washington’s proposed peace plan for Ukraine on Saturday (November 22) afternoon on the sidelines of the G20 summit in Johannesburg, sources familiar with the matter said.
The E3, an informal security alliance of France, Britain and Germany, met ahead of the wider discussion.
The attendees included Finland, Norway, Spain and the Netherlands, one of the sources specified.
The United States and Russia are negotiating a 28-point road map to end Russia’s war in Ukraine but Brussels has not been included in the negotiations. European Commission President Von der Leyen said on Friday she would reach out to Ukrainian President Volodymyr Zelenskiy.
Zelenskiy said he was ready for “constructive, honest and prompt work” with Washington.
Rustem Umerov, Secretary of the Ukrainian National Security and Defence Council, said on Saturday that Kyiv was holding consultations in Switzerland with the U.S. on ending the war.
Various G7 and European leaders, including British Prime Minister Keir Starmer, French President Emmanuel Macron and German Chancellor Friedrich Merz, Irish Prime Minister Micheal Martin, Japanese Prime Minister Sanae Takaichi, Finnish President Alexander Stubb, Norwegian Prime Minister Jonas Gahr Store, Prime Minister of the netherlands dick schoof as well as EU leaders Ursula von der Leyen and Antonio Costa, chatting before meeting
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