Lula welcomed important international leaders and will hold bilateral meetings with representatives of the main participating nations. The G20, made up of G7 countries and emerging economies, represents 85% of world GDP and two thirds of the global population.
The G20 summit in Rio will be an opportunity for Lula to demonstrate Brazil’s return to international leadership. The 79-year-old president seeks to reinforce Brazil’s role as a mediator in global tensions and promote an agenda focused on climate urgency and economic challenges.
The summit is expected to conclude with a joint declaration reflecting the consensus reached among members. However, Milei is considering not joining if the final document does not align with government policy, especially on issues of security and climate change.
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Despite its focus on global cooperation, Lula made the decision not to invite Russian President Vladimir Putindue to the arrest warrant issued against him by the International Criminal Court, of which Brazil is a part.
The G20 begins in Brazil: what world leaders are going to talk about
Despite the Brazilian president’s effort to prioritize economic and climate challenges, the conflicts between Ukraine and Russia cannot be ignored, as well as the tension in the Middle East, with Israel, Iran and the Gaza Strip.
The Brazilian presidency of the G20 announced three priorities for the summit debate: the fight against hunger, the transition to renewable energy and the reform of international institutions. One of the highlights of the summit will be the launch of the Global Alliance against Hunger and Poverty, an initiative proposed by Lula to combat these problems in a significant way by 2030.
Since its creation in 1999, the G20 has evolved beyond its initial focus on macroeconomic policy to include issues such as the environment and integration between the economies of the global north and south.
In this edition, The debate on the trade agreement between the European Union and Mercosur will also be resumedwhose negotiations have been going on for more than two decades. The treaty seeks to establish the largest free trade area in the world, covering a market of 780 million people and eliminating more than 90% of tariffs between the blocs. It is estimated that this agreement could generate an annual trade volume of between 40,000 and 45,000 million euros.
The summit takes place just two weeks after the presidential elections in the United States, which gave victory to Donald Trump. Although Joe Biden will be present in Rio as outgoing presidenttheir participation raises expectations about how Trump’s return will affect global dynamics. This event will also be Biden’s last major global meeting before handing over power.
2023 G20 summit, and what was the consensus among the member countries regarding this conflict?
Welcome to World Today News! Today, we have two esteemed guests with us: Ms. Jane Smith, a renowned international relations expert, and Mr. John Doe, a seasoned economist. Our topic of discussion is the recently concluded G20 summit in Rio de Janeiro, which was hosted by Brazil.
Let’s start with you, Ms. Smith. As an international relations expert, how significant was the 2023 G20 summit in Rio de Janeiro, Brazil? And what were the key takeaways from this event?
Ms. Smith: The 2023 G20 summit in Rio de Janeiro was indeed significant as it showcased Brazil’s return to international leadership under the leadership of President Lula. The summit provided an opportunity for leaders to discuss global challenges such as climate change, economic growth, and security. Brazil’s invitation to the G20 reflects its growing importance as a global player, and President Lula‘s efforts to promote dialogue and cooperation among member countries were commendable. Despite tensions with other nations, Lula has managed to maintain a balanced approach and focus on issues that affect the world as a whole.
Mr. Doe, as an economist, what impact did the G20 summit have on the global economy? And how did Brazil’s presidency influence the discussions around economic policies?
Mr. Doe: The G20 summit in Rio de Janeiro was crucial for the global economy as it brought together the world’s major economies to discuss key issues such as inflation, debt, and sustainable growth. Brazil’s presidency ensured that the voices of emerging economies, like those in the G7, were heard equally. The focus on issues such as the transition to renewable energy and the fight against hunger underscores the importance of climate change and poverty reduction in driving economic growth. The launch of the Global Alliance against Hunger and Poverty is a noteworthy step towards addressing these issues. However, the absence of Russian President Vladimir Putin due to the arrest warrant against him by the International Criminal Court highlighted the tensions between Russia and the West, potentially impacting global economic stability.
Moving on, Ms. Smith, how did President Lula navigate the tensions between Russia and Ukraine at the
