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Ukraine Invasion Doesn't Affect Russia's G20 Standing

  • Writer: By The Financial District
    By The Financial District
  • Apr 25, 2022
  • 2 min read

The last time Russia invaded Ukraine, in 2014, outraged world leaders booted Russia out of the Group of Eight industrialized nations, which quickly rebranded itself the Group of Seven.


Photo Insert: Russia has much to gain from disrupting events and sowing general discord between countries in the forums.



Eight years later, the G7 is still holding at seven — a collection of countries that meet to talk through big issues like trade, economics and security, Fatima Hussein, Devora Alvares and Andrew Meldrum reported for the Associated Press (AP) on April 24, 2022.


This past week, as global leaders gathered in Washington for spring meetings involving officials from the International Monetary Fund, World Bank, G7 and the larger Group of 20, it quickly became apparent that despite Russia’s ongoing assault on Ukraine, its membership in the G-20 remains firmly intact.



While Russia has been rendered a pariah country by Western states, it will remain part of the G-20 and associated organizations unless member countries achieve a consensus that it should go.


That appears less and less likely, as several countries, including China, Brazil and South Africa, have made clear they will support Russia’s membership in the G-20, which represents industrial and emerging-market countries.


All the news: Business man in suit and tie smiling and reading a newspaper near the financial district.

Why would Russia want to stick around when its presence in the group is clearly unwelcome to many? It has much to gain from disrupting events and sowing general discord between countries in the forums.


A glimpse of this was seen this past week when Russia blocked the IMF’s key advisory committee from issuing a communique condemning its invasion of Ukraine.


Market & economy: Market economist in suit and tie reading reports and analysing charts in the office located in the financial district.

Faced with the questions over what to do about Russia’s membership in the organization, various world finance leaders at the meetings alternately squirmed, dodged, walked out in protest or stayed put.





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