The dispute erupted just hours before the scheduled conclusion of the G20 negotiations, highlighting a noticable rift among the group's members over how to address the escalating geopolitical tensions that Brazil is attempting to resolve, Reuters said.
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Germany's Finance Minister, Christian Lindner, expressed confidence that the G20 finance ministers would reach an agreement on a communique that acknowledges the geopolitical risks to economic growth.
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The G20 finance ministers and central bank governors, however, have yet to agree on certain parts of the statement.
Members of the G7 and Japan favor describing the conflict as a war "in" Ukraine, while Russia prefers to characterize it as a war "within" Ukraine.
G7 members also support a phrasing that describes the situation in the Gaza Strip as a "humanitarian crisis" without mentioning Israel.
Brazilian officials hosting the event have tried to steer the discussions towards economic cooperation.
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Read the original article on The New Voice of Ukraine
Section: Nation
Author: Альона Сонько
