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New Delhi: Leaders from the world's most influential economies are converging on India for a pivotal two-day G20 summit, taking place against the backdrop of Russia's military actions in Ukraine, concerns over the state of the global economy, and pressing issues related to climate change. India, the host nation, has chosen the theme "One Earth, One Family, One Future" for the summit, underscoring its hopeful vision, but the leaders attending face significant divisions and strategic differences.
Notably absent from the summit are Russian President Vladimir Putin and Chinese President Xi Jinping, both representing major global powers. Their non-participation draws attention to the discord within the G20. Nevertheless, other world leaders will be actively engaged in discussions and decision-making.
US President Joe Biden is expected to play a central role at the summit, aiming to strengthen international alliances, provide support to developing nations, and address critical global issues. His agenda includes tackling climate change and addressing the multifaceted consequences of Russia's military actions in Ukraine. Accompanying President Biden is Treasury Secretary Janet Yellen, emphasizing the US's commitment to reforming international financial institutions for the benefit of developing countries.
Representing Russia will be Foreign Minister Sergei Lavrov, as President Putin has declined to attend. This decision follows the issuance of an arrest warrant by the International Criminal Court against Putin on charges of war crimes related to the Ukraine conflict.
China, the world's second-largest economy, will be represented by Premier Li Qiang, indicating President Xi Jinping's absence. China grapples with economic challenges, including reduced consumer demand and a property sector crisis. Strained relations with India over border disputes contribute to the context of the summit.
Prime Minister Narendra Modi, presiding as the host and holder of the G20 presidency, faces the formidable task of fostering consensus among major world powers on a range of pressing issues. A recent border dispute with China adds complexity to the summit, as Modi seeks to showcase India on the global stage.
The summit's attendees encompass leaders from Germany, France, the European Union, the UK, Canada, Japan, Italy, Indonesia, South Korea, Australia, Turkey, Saudi Arabia, South Africa, Brazil, Argentina, and more. Distinguished observers, including the United Nations Secretary-General and the heads of the IMF and the World Bank, will also be actively engaged in discussions.
Comprising 19 nations and the European Union, the G20 represents a substantial portion of the world's economic output and population. The summit will be closely monitored for outcomes pertaining to pressing global matters, including efforts to address the ongoing crisis in Ukraine, economic challenges, and strategies to combat climate change.