The G20 Finance Ministers and Central Bank Governors meeting in Cape Town is marked by the absence of U.S. Treasury Secretary Scott Bessent and other key officials. South Africa, as the G20 president, aims to address critical issues such as debt relief for poorer nations and climate resilience. However, the lack of participation from major economies raises concerns about the future of collaborative efforts amidst ongoing global tensions.
CAPE TOWN, South Africa (AP) — The G20 Finance Ministers and Central Bank Governors conference commenced today in Cape Town with notable absences from U.S. Treasury Secretary Scott Bessent and other high-profile delegates. Bessent cited prior commitments in Washington for his absence, following U.S. Secretary of State Marco Rubio’s refusal to attend last week’s G20 foreign ministers meeting due to criticism of South Africa’s leadership and themes.
This year’s G20 presidency is held by South Africa, the first African nation to assume this role, which prioritizes critical issues affecting developing countries, such as climate change and debt relief. South African President Cyril Ramaphosa emphasized the need for a collective international response to enhance global economic resilience and equality, stating, “It carries a weighty responsibility.”
The participation from countries like China, Japan, India, and Canada was also minimal, which may hinder progress on important discussions. President Ramaphosa highlighted the G20 agenda, focusing on resilience against climate events, debt alleviation for poorer nations, and the sustainable transition to green energy utilizing critical minerals.
Amidst rising tensions in global politics, previous G20 meetings have shown difficulty in achieving consensus, particularly regarding the ongoing conflict in Ukraine. The United Nations Development Program (UNDP) recently reported on worsening debt issues, reinforcing the necessity for swift international support. The lack of unity may complicate efforts to advance climate action, especially following the Trump administration’s withdrawal from the Paris Climate Agreement.
The G20 meeting in South Africa highlights the absence of key U.S. officials, raising concerns about the potential for effective dialogue on pressing global issues such as climate change and debt relief. President Ramaphosa’s agenda aims at fostering a unified response from the international community, but the low turnout from major economies may impede progress. The challenges facing developing nations underline the urgency for cooperative solutions as the G20 continues to grapple with achieving collective goals in a divided political landscape.
Original Source: apnews.com
