Most G20 nations condemn Russia for war

On February 25, 2023, the Reserve Bank of India (RBI) governor Shaktikanta Das and Economic Affairs Secretary Ajay Seth observe as India's Finance Minister Nirmala Sitharaman speaks at a news conference following the Group of 20 Finance Ministers and Central Bank Governors Meeting outside of Bengaluru, India. (Samuel Rajkumar for Reuters)

The heads of the world's leading economies' finance departments on Saturday sharply denounced Moscow for its war on Ukraine; only China and Russia itself declined to sign an united statement. India, which was hosting the summit in Bengaluru as chair of the Group of Twenty economies, was hesitant to bring up the war, but Western countries emphasized they could not support any decision that did not include a denunciation. India released a "chair's summary and outcome document" that only summarized the two days of negotiations and listed disputes due to the lack of agreement among G20 nations.