India averse to discussing new Russia sanctions at G20

India averse to discussing new Russia sanctions at G20
# 22 February 2023 16:27 (UTC +04:00)

India does not want the Group of 20 nations to discuss additional sanctions on Russia for its invasion of Ukraine, government sources said on Wednesday, as finance officials from the bloc started a meeting near the southern city of Bengaluru, APA reports citing Reuters.

The Indian sources, who are directly involved in this week's G20 meeting of finance ministers and central bank chiefs, said the war's macroeconomic impact would be discussed but India does not want to deliberate on additional actions against Russia during its one-year presidency.

"India is not keen to discuss or back any additional sanctions on Russia during the G20," said one of the officials. "The existing sanctions on Russia have had a negative impact on the world."

Spokespeople for the Indian government and the finance and foreign ministries did not immediately respond to requests for comment.

Earlier, Anurag Thakur, India's information minister, told a news conference after welcoming delegates: "Today's era is not for war. Democracy, dialogue, and diplomacy is the way forward".

The meeting in the Nandi Hills summer retreat is the first major event of India's G20 presidency. It is likely to be overshadowed by the first anniversary of Russia's invasion of its neighbor, which falls on Friday.

India has kept a neutral stance on the war, declining to blame Russia for the invasion, seeking a diplomatic solution and increasing its purchases of Russian oil over the past year.

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