Intellasia East Asia News – At G-20 meeting, Korea’s fiscal chief stays out of protest against Russia

South Korea’s deputy prime minister and Finance minister Hong Nam-ki kept his seat while other fiscal chiefs or central bank governors walked out of a G-20 meeting in protest of Russia’s invasion of Ukraine, according to the ministry on Thursday.

According to overseas news reports and remarks from British officials, top officials from the US, Canada and the UK left the G-20 finance ministerial meeting, held in Washington, D.C. on Wednesday, while Russian delegates were delivering their speech.

A handout photograph released by the Canada government shows Canada Deputy Prime Minister & Minister of Finance Chrystia Freeland (fifth from left), posing for a photo with other finance ministers after a G20 meeting in Washington, D.C. on April 20. US Treasury Secretary Janet Yellen led a multi-nation walk out of a meeting of finance officials from the world’s richest countries when Russian officials spoke, in protest against Moscow’s invasion of Ukraine. (Government of Canada / AFP)

Among the top officials of the three nations were US Treasury Secretary Janet Yellen, Canada’s Finance minister and deputy prime minister Chrystia Freeland, and Bank of England Governor Andrew Bailey.

Britain’s Chancellor of the Exchequer Rishi Sunak tweeted that “earlier my representatives, along with US and Canadian counterparts left today’s G-20 meeting in Washington as Russian delegates spoke.”

He added, “We are united in our condemnation of Russia’s war against Ukraine and will push for stronger international coordination to punish Russia.”

Canada’s Finance minister and deputy prime minister Freeland wrote on Twitter that “this week’s meetings in Washington are about supporting the world economy and Russia’s illegal invasion of Ukraine is a grave threat to the global economy. Russia should not be participating or included in these meetings.”

Earlier this week, US officials said that Treasury Secretary Yellen would seek to avoid contact with the Russian delegate during the G-20 events.

French Finance minister Bruno Le Maire during his joining the meeting remotely reportedly turned off his screen when Russia’s speech started, as a participation in the protest. Among G-7 members of the G-20 meeting, ministers from Italy and Japan reporteldy did not leave the meeting.

Korea’s finance minister, who also did not exit, delivered a speech on international concerted measures against impacts from the Ukraine-Russia war.

On the same day, Hong held a bilateral meeting with Yellen of the US.

Other G-20 members comprise China, Indonesia, India, Saudi Arabia, Turkey, South Africa, Mexico, Brazil, Argentina, Australia and the chair of the European Union council (which is France currently).



Category: Korea

Print This Post

Source link


Beyonce Unveils Cover Art For New Album Renaissance And All We Can Say Is… Wow

Just a week after surprising all of us with...

End of a Pandemic Tracker Signifies a New Phase in Travel

Times Insider explains who we are and what we...

GOP Rep. Adam Kinzinger: When You Try A Coup In The U.S., You Have To Pay For That

Rep. Adam Kinzinger (R-Ill.) appeared on “The Late Show...

Intellasia East Asia News – Mondelez Kinh Do listed in the top 50 Most Attractive Employer Brands for Vietnamese students in 2022

<!-- --> Anphabe recently released the rankings of the most attractive employers for Vietnamese students in 2022. Surpassing hundreds of other enterprises, Mondelez...

Intellasia East Asia News – Majority of Australians back military action to defend Taiwan from China for 1st time

<!-- --> A new poll released on Tuesday (June 29) shows that for the first time, a majority of Australians favour military intervention...

Intellasia East Asia News – Yen briefly drops to 137, new 24-year low against dollar

<!-- --> The yen briefly fell to the 137 line against the US dollar on Wednesday in New York, hitting a new 24-year...