Work in progress

G20 agenda needs sustained engagement

As widely expected, the third meeting of the G20 finance ministers and central bank governors (FMCBG) ended on Tuesday with an outcome document and chair summary. A joint communique could not be issued because of the differences over the Ukraine issue. China argued that the FMCBG meeting was not the right place to discuss geopolitical issues. However, as Union Finance Minister Nirmala Sitharaman clarified, the statement has been derived from the Bali summit, and it must be left to the leaders to take a call in September. Besides this valid technical reason, the issue perhaps cannot be overlooked because the