G20 Summit 2023: US Treasury Secretary Janet Yellen to visit India, focus on economy, climate, Ukraine
G20 summit. Also read: ‘G20 leaders are going to ask…’: Rahul Gandhi attacks PM Modi on OCCRP allegations against Adani Group The Treasury said Yellen also will rally America's G20 allies to maintain economic support for Ukraine and increase costs on Russia over Moscow's continuing war in Ukraine. This includes supporting the G7-led price cap on Russian oil exports and efforts to strengthen global food security in the face of restrictions on Ukrainian grain exports.
Also read: G20 Summit 2023: Delhi Metro transforms outskirts of Supreme Court station with artwork, pedestrian plaza, lights At the same time, the Treasury said Yellen would work to deepen U.S. bilateral ties with India, viewing the country as an alternative to China for US investment and supply chains. Also read: Delhi Police say rumours of city under lockdown from 8 to 10 Sept for G20 are ‘not correct’ Meanwhile, reports have emerged that Chinese President Xi Jinping is likely to skip the G20 Summit.
A report by Reuters said China is reluctant to confer influence on its southern neighbour that boasts one of the fastest-growing major economies. The report added that Premier Li Qiang is expected to represent Beijing at the Summit. "China doesn't want India to be the voice of the Global South, or to be that country within the Himalayan region to be hosting this very successful G20 summit," Farwa Aamer, director of South Asia Initiatives at the Asia Society Policy Institute (ASPI) said.
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