UN Key for G20 Economics, geopolitics amid russia-ukraine war

Amitabh Kant, the G20 Sherpa from India, stated on Friday that as the G20 is an organization dedicated to promoting global economic growth, the United Nations is the best organization to handle geopolitical issues like the Russia-Ukraine war.

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However, Kant expressed optimism that India would be able to persuade G20 countries to find a peaceful solution while speaking at the B20 Summit India 2023, which is being organized by CII. He was responding to a query about the conflict. Several G20 groups have not been able to come out with a joint declaration on account of the war. Kant’s comments come days before the G20 Summit under India’s presidency scheduled early next month.

“G20 is actually an economic body. It’s a body for growth. The political body is the United Nations, but issues of war lead to challenges on food, fuel and fertilizer, and therefore there’s a huge implication in terms of economics, that is what other countries are saying,” he said.