Martín Guzmán refused to boycott Russia in the G20: he attended a meeting his peers from the US, Canada and England left

Martín Guzmán refused to boycott Russia in the G20: he attended a meeting his peers from the US, Canada and England left

Janet Yellen, Jerome Powell and Christine Lagarde, among others, after leaving the meeting
Janet Yellen, Jerome Powell and Christine Lagarde, among others, after leaving the meeting

From Washington, USA – The Argentine Minister of Economy Martin Guzman, He did not bow to the boycott of his peers in the UK, the US and Canada. Representatives of those countries walked out of a G20 plenary when Russian ministers spoke, protesting the invasion of Ukraine.

“He did not leave, he remained in his post”, official sources confirmed to Infobae about Minister Guzmán. Yesterday the economy brought back the minister’s activity with several bilaterals, but not the activity in the G20. The minister was present at the panel: he did not speak and remained to listen to his Russian counterpart Anton Siluanov. Economy detailed the minister’s activity the day before in the panel “A conversation on emerging markets of the G20”.

From the Treasury they assured that it was not a formal refusal and that it was not planned. They also point out that none of the emerging G20 countries were absent from the headquarters, including Brazil, nor the ministers of central nations, such as Germany, Italy, Switzerland and Japan. “Staying has nothing to do with the position of the country. These positions are expressed in the United Nations, where Argentina has expressed its position. Where it matches “, they highlighted.

Guzmán and Siluanov in a meeting in late October 2021
Guzmán and Siluanov in a meeting in late October 2021

The news was confirmed by the Russian Finance Minister, Christia Freeland. “The world’s democracies will not stand idle in the face of Russia’s continued aggression and war crimes. Today, Canada and many of our democratic partners walked out of the G20 plenary when Russia tried to intervene, “she tweeted, adding that the country she chairs Vladimir Putin “She shouldn’t participate or be included in these meetings.”

The message is accompanied by a photo showing Freeland with the United States Secretary of the Treasury, Janet Yellen; the president of the United States Federal Reserve, Jerome Powell, and the head of the European Central Bank (ECB), Cristina Lagarde, among others. Everyone left the plenary when Siluanov spoke virtually. Freeland is of Ukrainian origin and is an active denouncer of the invasion.

Ukrainian officials present also left the meeting, according to a source familiar with the matter, according to Reuters.

An archive photo of Siluanov at the G20 in Rome last October (REUTERS / Guglielmo Mangiapane // Archive photo)
An archive photo of Siluanov at the G20 in Rome last October (REUTERS / Guglielmo Mangiapane // Archive photo)

“Together with our allies, the US and Canada, the UK representatives walked out of the G20 meeting as the Russian delegates spoke,” a UK spokesman said. “We will continue to work with our allies to condemn Russia’s war against Ukraine in the strongest terms and push for stronger international coordination to punish Russia,” she added.

The same news agency highlighted that the president of the European Central Bank, Cristina Lagardeurged the Russian official, deputy finance minister Timur Maksimov, to convey a clear message to Moscow: end the war in Ukraine, said one of the sources. The head of the Bank of England, Andrea Bailey, was another senior official who withdrew from the G20 plenary.

Before the start of the G20, Yellen told her Indonesian counterpart, who holds the presidency of the G20, that there would be “business as usual” for Russia in the world economy, given the invasion of Ukraine.

Finance ministers and central bank governors of the G20 meet as part of the biannual conference between the International Monetary Fund and the World Bank. The main themes of the meeting are the war in Ukraine, food security and recovery from the coronavirus pandemic.

Today Guzmán is planning two private meetings related to the business world, one at the United States Chamber of Commerce and the other at the Atlantic Council, where he will talk about Argentina’s economic and energy policy.

Guzmán in a bilateral meeting with South African Finance Minister, Enoch Godongwana, which took place yesterday
Guzmán in a bilateral meeting with South African Finance Minister, Enoch Godongwana, which took place yesterday

Yesterday he met the Secretary General of the Organization for Economic Cooperation and Development (OECD), Mattia Corman; with his peer in economics and first vice president of the Spanish government, Nadia Calvino; with the Director General of the French Treasury, Emanuele Moulin. Finally, Guzmán concluded his second day of activity in Washington with a bilateral meeting with the South African Minister of Finance, Enoch Godongwana.

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