The China Mail - G20 threatened by geopolitical fractures, leaders warn

USD -
AED 3.672504
AFN 64.000368
ALL 82.099008
AMD 367.63228
ANG 1.790403
AOA 917.503981
ARS 1492.901385
AUD 1.443002
AWG 1.8025
AZN 1.70397
BAM 1.709092
BBD 2.014681
BDT 123.336392
BGN 1.69088
BHD 0.377157
BIF 2975.313497
BMD 1
BND 1.290864
BOB 6.927077
BRL 5.170399
BSD 1.000306
BTN 95.296893
BWP 13.491502
BYN 2.902259
BYR 19600
BZD 2.011797
CAD 1.41995
CDF 2246.000362
CHF 0.801016
CLF 0.023518
CLP 925.617163
CNY 6.789104
CNH 6.785505
COP 3363.656224
CRC 455.717219
CUC 1
CUP 26.5
CVE 96.35601
CZK 21.144704
DJF 178.127321
DKK 6.535604
DOP 59.256346
DZD 133.361297
EGP 49.283873
ERN 15
ETB 160.4018
EUR 0.873904
FJD 2.26045
FKP 0.748895
GBP 0.746798
GEL 2.63504
GGP 0.748895
GHS 11.363656
GIP 0.748895
GMD 72.503851
GNF 8772.665705
GTQ 7.634028
GYD 209.236685
HKD 7.84465
HNL 26.773277
HRK 6.587504
HTG 130.834098
HUF 308.910388
IDR 17994.4
ILS 2.99865
IMP 0.748895
INR 95.215504
IQD 1310.350854
IRR 1375950.000352
ISK 125.920386
JEP 0.748895
JMD 158.351903
JOD 0.70904
JPY 161.36504
KES 129.3398
KGS 87.447704
KHR 4005.767466
KMF 431.00035
KPW 900.00035
KRW 1528.775039
KWD 0.31029
KYD 0.833661
KZT 473.045834
LAK 22586.621226
LBP 89575.392144
LKR 335.046096
LRD 181.552847
LSL 16.224931
LTL 2.95274
LVL 0.60489
LYD 6.4115
MAD 9.354393
MDL 17.595141
MGA 4240.835409
MKD 53.86027
MMK 2099.883338
MNT 3582.147735
MOP 8.08057
MRU 39.921353
MUR 47.050378
MVR 15.460378
MWK 1734.609167
MXN 17.469104
MYR 4.071039
MZN 63.910377
NAD 16.224931
NGN 1370.080377
NIO 36.806921
NOK 9.841039
NPR 152.475204
NZD 1.75116
OMR 0.385704
PAB 1.000306
PEN 3.403766
PGK 4.394635
PHP 61.501038
PKR 278.103989
PLN 3.75205
PYG 6082.055315
QAR 3.656661
RON 4.568038
RSD 102.570892
RUB 76.986936
RWF 1464.412112
SAR 3.755774
SBD 8.058541
SCR 13.46616
SDG 600.503676
SEK 9.65806
SGD 1.291404
SHP 0.746601
SLE 24.350371
SLL 20969.503664
SOS 571.678245
SRD 37.566038
STD 20697.981008
STN 21.409534
SVC 8.752567
SYP 110.532098
SZL 16.22231
THB 33.325038
TJS 9.2726
TMT 3.51
TND 2.952244
TOP 2.40776
TRY 46.767504
TTD 6.779394
TWD 31.938038
TZS 2626.818718
UAH 44.550181
UGX 3650.980906
UYU 40.232446
UZS 11983.221916
VES 638.90327
VND 26296
VUV 118.93159
WST 2.77318
XAF 573.213615
XAG 0.016021
XAU 0.00024
XCD 2.70255
XCG 1.80277
XDR 0.712894
XOF 573.213615
XPF 104.216367
YER 237.050363
ZAR 16.231504
ZMK 9001.203584
ZMW 18.379866
ZWL 321.999592
  • CMSC

    0.0400

    21.99

    +0.18%

  • BCC

    0.4500

    75.93

    +0.59%

  • RELX

    0.5500

    31.93

    +1.72%

  • CMSD

    -0.0300

    22.15

    -0.14%

  • RIO

    1.0700

    94.42

    +1.13%

  • VOD

    0.1400

    13.15

    +1.06%

  • NGG

    2.6700

    82.85

    +3.22%

  • RYCEF

    0.5400

    19.68

    +2.74%

  • RBGPF

    2.5400

    68.15

    +3.73%

  • GSK

    2.3600

    53.66

    +4.4%

  • JRI

    0.0600

    13

    +0.46%

  • BCE

    0.4000

    21.42

    +1.87%

  • BTI

    1.2100

    61.77

    +1.96%

  • AZN

    11.2900

    195.15

    +5.79%

  • BP

    1.2500

    37.4

    +3.34%

G20 threatened by geopolitical fractures, leaders warn
G20 threatened by geopolitical fractures, leaders warn / Photo: © POOL/AFP

G20 threatened by geopolitical fractures, leaders warn

The G20's role in fixing economic crises is threatened by geopolitical fractures and competition, leaders warned Saturday at a summit in South Africa boycotted by the United States.

Text size:

European leaders attending the G20 summit -- the first held in Africa -- also scrambled on the sidelines to respond to a unilateral plan pushed by US President Donald Trump to end the war in Ukraine on terms favouring Russia.

"We are struggling to resolve major crises together around this table" and "the G20 may be coming to the end of a cycle," French President Emmanuel Macron warned fellow leaders at the start of the summit.

"There's no doubt, the road ahead is tough," agreed British Prime Minister Keir Starmer, adding: "We need to find ways to play a constructive role again today in the face of the world challenges."

Chinese Premier Li Qiang said "unilateralism and protectionism are rampant" and "many people are pondering what exactly is happening to global solidarity".

The summit's host, South African President Cyril Ramaphosa, downplayed Trump's absence and argued the G20 remained key for international cooperation.

"The G20 underscores the value of the relevance of multilateralism. It recognises that the challenges that we face can only be resolved through cooperation, collaboration and partnership," Ramaphosa said.

The G20 comprises 19 countries plus the European Union and the African Union, and accounts for 85 percent of the world's GDP and two-thirds of its population.

- 'Just' peace in Ukraine -

But the Johannesburg summit was undermined by the American boycott, and China's Li stood in for an absent President Xi Jinping, while Russia sent a Kremlin official, Maxim Oreshkin, instead of President Vladimir Putin, who is wanted under an International Criminal Court warrant.

The leaders present adopted a G20 summit declaration early in their meeting that covered climate, energy, debt sustainability and a critical-minerals pact -- and a joint call for a "just" peace in Ukraine, the Democratic Republic of Congo, Sudan and the "Occupied Palestinian Territory".

Argentina's Foreign Minister Pablo Quirno -- standing in for absent President Javier Milei, a Trump ally -- objected to "how certain geopolitical issues are framed in the document", specifically the Israel-Palestinian conflict.

But Ramaphosa noted that did not block the declaration's adoption by participants, who also included Indian Prime Minister Narendra Modi, Brazilian President Luiz Inacio Lula da Silva and Turkish President Recep Tayyip Erdogan.

As soon as the opening ceremony was over, Starmer, Macron and German Chancellor Friedrich Merz rushed into a meeting to discuss Trump's plan for Ukraine.

That huddle was soon expanded to include other leaders from Europe, and from Australia, Canada and Japan, an EU official said.

"We are working on making the US plan something more able to be applied, based on previous dialogue," a European diplomatic source told AFP.

Sources said there had been some communication with Washington, but no plans for any leaders to fly over to see Trump.

- US hosts next G20 summit -

On Friday, after a call with Ukrainian President Volodymyr Zelensky, Macron, Starmer and Merz stressed that any plan for Ukraine needed the "joint support and consensus of European partners and NATO allies".

Trump has said he wants Kyiv to accept his 28-point proposals -- which involve ceding territory to Russia and cutting the size of Ukraine's military -- by Thursday.

While the United States skipped the Johannesburg summit because it said it viewed its priorities -- including on trade and on climate -- as running counter to its policies, it still intended to take up the G20 baton for the next gathering.

Trump plans to stage that summit in 2026 at a Florida golf club he owns.

Washington has said it will send the US charge d'affaires from its embassy in South Africa only for the handover ceremony on Sunday.

But South Africa's foreign minister, Ronald Lamola, said it would need to send a higher-ranking official of the "right level".

"The president of the Republic of South Africa will not be handing over to the charge d'affaires from the US," he said.

J.Liv--ThChM