US Threatens to Boycott G20 Meetings, Including Summit in Bali?

Jakarta, CNBC Indonesia – The United States (US) threatened to boycott a number of G20 meetings. This is if Russia is not removed from the group.

US Treasury Secretary Janet Yellen said this had been explained by President Joe Biden. Even Indonesia as the presidency has been notified.

However, it is not clear whether the boycott is also part of the summit meeting in Bali. It is planned that the summit summit that will bring together all world leaders will be held at the end of October on the Island of the Gods.

“President Biden has made it clear and I certainly agree with him. That Russia cannot be business as usual in any financial institution,” said Treasury Secretary Janet Yellen, Wednesday (6/4/2022) local time, while speaking before the US House of Representatives, quoted Reuters.

“He (Biden) requested that Russia be removed from the G20 and I have explained to my Indonesian colleagues that we will not participate in a number of meetings if Russia is there,” he explained.

Meanwhile, a spokeswoman for the US Treasury said Yellen’s comments would refer to a meeting of G20 finance ministers and central bankers on April 20, on the sidelines of the IMF and World Bank Spring Meetings in Washington and a meeting of related deputies.

The April financial meeting will be held in person and virtually. As of now, Russia’s participation is unclear at this point.

Previously, the desire to remove Russia from the G20 was also conveyed by other countries such as Canada. Canadian Prime Minister (PM) Justin Trudeau even rejected Russian President Vladimir Putin, who was previously said to be coming directly to Bali.

According to him, Putin’s presence will be a big problem for many countries including Canada. The conversation will not be productive.

“Russia with its illegal invasion of Ukraine has turned economic growth upside down for everyone around the world,” he said. Barron quoting the news agency AFP.

“It is impossible to be a constructive partner in how we manage the crisis created by Russia’s illegal invasion of Ukraine.”

Australia said the same thing. However, China and Brazil joined forces and refused to exclude Russia from the G20.

[Gambas:Video CNBC]

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Ralph Hutchinson

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