MOSCOW: Various structures of the Global South regions could join G20 following the African Union, Russian Foreign Minister Sergey Lavrov sa...
MOSCOW: Various structures of the Global South regions could join G20 following the African Union, Russian Foreign Minister Sergey Lavrov said.
"Last year at the summit of leaders in New Delhi we agreed that global institutions should strengthen through the growing voice of developing countries of the world majority. The African Union joined the ranks. I believe that we should not rest on oars and attract leading integration structures of other regions of the Global South to full-fledged participation in our work," he said at a meeting of G20 foreign ministers in the Brazilian city of Rio de Janeiro.
G20 could also add its voice to requirements of a fair reform of the UN Security Council, the minister added. "We reiterate our support of the candidacies of Brazil and India with the interests of African states concurrently ensured," he noted.
G20 is hardly able to find solutions to global security threats, though it could clearly state its refusal to weaponize the economy, Lavrov said.
"I don’t think that we will find solutions to the piled-up challenges and threats to global security in G20. That said, our forum of leading global economies could clearly state G20’s refusal to use the economy as a weapon and war as an investment," he said at a meeting of G20 foreign ministers in the Brazilian city of Rio de Janeiro.
Lavrov urged to "demonstrate commitment to open and equal trade and economic cooperation." "It is important to confirm that global banks and funds should finance not military-oriented goals and aggressive regimes, but countries in need in the interests of sustainable development," he noted.
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