Smarter News Now
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting
No Result
View All Result
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
  • Top News
  • Economy News
  • Forex News
  • Investing News
  • Stock News
  • Politics News
  • Editor’s Pick
No Result
View All Result
Smarter News Now
No Result
View All Result
Home Investing News

Blinken to seek G20 pressure on Russia to open sea lanes, warn China on Ukraine

by
July 6, 2022
in Investing News
0
Blinken to seek G20 pressure on Russia to open sea lanes, warn China on Ukraine
0
SHARES
11
VIEWS
Share on FacebookShare on Twitter
United States Secretary of State Antony Blinken — COURTESY OF FACEBOOK/ANTONY BLINKEN

WASHINGTON – US Secretary of State Antony Blinken will call on G20 nations this week to put pressure on Russia to support UN efforts to reopen sea lanes blocked by the Ukraine conflict and repeat warnings to China not to support Moscow’s war effort.

Mr. Blinken heads to Asia on Wednesday for a meeting of Group of 20 foreign ministers in Bali on Friday. His trip will include his first meeting with Chinese counterpart Wang Yi since October, but no meeting is expected with Russian Foreign Minister Sergei Lavrov. Read full story

Analysts foresee a contentious G20 ministerial in which Washington and its allies blame Moscow for global food shortages since its Feb. 24 invasion of Ukraine, a major grain exporter, while Russia, also a major exporter, blames U.S.-led sanctions.

Ramin Toloui, assistant secretary of state for economic and business affairs, told reporters Mr. Blinken would raise energy security and a U.N. initiative to try to get Ukrainian and Russian foodstuffs and fertilizer back to global markets.

“G20 countries should hold Russia accountable and insist that it support ongoing UN efforts to reopen the sea lanes for grain delivery,” he said. “Whether that happens at the level of the G20, or the level of individual G20 countries, that’s an important point that Secretary Blinken will make,” he said.

Ukraine, which accuses Russia of blocking movement of its ships, said this week it is holding talks with Turkey and the United Nations to secure guarantees for grain exports. Read full story

Russia denies it is blocking any movement of grain and says Ukraine is to blame for the lack of movement, partly because of what it says are mining operations in its ports.

The top US diplomat for East Asia, Daniel Kritenbrink, said he expected a “candid” exchange on Ukraine in Mr. Blinken‘s talks with China‘s Wang, which are expected on Saturday.

“This will be another opportunity … to convey our expectations about what we would expect China to do and not to do in the context of Ukraine,” he said.

Shortly before Russia‘s invasion of Ukraine, Beijing and Moscow announced a “no limits” partnership. But US officials have said they have not seen China evade US-led sanctions on Moscow or provide military equipment to Russia. Read full story

China, however, has refused to condemn Russia‘s actions and has criticized the sweeping sanctions. US officials have warned of consequences, including sanctions, should China start offering material support for Russia‘s war effort.

Washington calls China its main strategic rival and is concerned it might one day attempt to take over by force the self-ruled democratic island of Taiwan, just as Russia attacked Ukraine.

Mr. Kritenbrink said it was “absolutely critical” to maintain open lines of communication with Chinese counterparts “to ensure that we prevent any miscalculation that could lead inadvertently to conflict and confrontation.”

The meeting with Wang will be the latest high-level contact between US and Chinese officials.

Despite the all-round strategic rivalry between Washington and Beijing, the world’s two largest economies remain major trading partners. President Joe Biden has been considering scrapping tariffs on a range of Chinese goods to curb surging U.S. inflation before the November midterm elections, with the control of Congress in focus. Read full story

US Treasury Secretary Janet Yellen spoke with Chinese Vice Premier Liu He on Monday and US national security adviser Jake Sullivan met last month with China‘s top diplomat, Yang Jiechi, in Luxembourg. Read full story Biden and Chinese President Xi Jinping are also expected to speak in coming weeks.Read full story

The White House said on Thursday it is still looking at options on whether to cut tariffs on Chinese imports, even as industry requests to keep the duties in place mounted. Read full story

Mr. Lavrov and Mr. Blinken have not met since before Moscow’s Ukraine invasion, and Washington and its allies have been backing Kyiv with weapons supplies.

US State Department spokesman Ned Price said now is not the right time for another meeting. “We would like to see the Russians be serious about diplomacy. We have not seen that yet,” he said. – Reuters

ShareTweetPin

Related Posts

Stocks decline on profit taking, recession fears
Investing News

Stocks decline on profit taking, recession fears

August 23, 2022
Peso climbs vs dollar as RTB offer starts
Investing News

Peso climbs vs dollar as RTB offer starts

August 23, 2022
PNR cancels bids for 3 projects after finding them ‘non-feasible’
Investing News

PNR cancels bids for 3 projects after finding them ‘non-feasible’

August 23, 2022
Senate grills Rodriguez on approval procedures for sugar import order
Investing News

Senate grills Rodriguez on approval procedures for sugar import order

August 23, 2022
Trade dep’t expecting sugar price monitoring report by Friday
Investing News

Trade dep’t expecting sugar price monitoring report by Friday

August 23, 2022
Fisherfolk seek halt to reclamation on municipal fisheries
Investing News

Fisherfolk seek halt to reclamation on municipal fisheries

August 23, 2022
Next Post
COVID and bust: China’s private health system hurt by tough coronavirus controls

COVID and bust: China’s private health system hurt by tough coronavirus controls

Get the daily email that makes reading the news actually enjoyable. Stay informed and entertained, for free.
Email Address *
Your information is secure and your privacy is protected. By opting in you agree to receive emails from us. Remember that you can opt-out any time, we hate spam too!
 

Recommended

Thousands cancel Netflix or Prime Video as UK cost of living soars

Thousands cancel Netflix or Prime Video as UK cost of living soars

August 5, 2022
More sanctions on Russia seen bringing crude to $200 per barrel in worst case

More sanctions on Russia seen bringing crude to $200 per barrel in worst case

July 25, 2022
Philippine-China oil exploration terminated  

Philippine-China oil exploration terminated  

June 23, 2022
Seize the opportunity to be a digital economic power

Seize the opportunity to be a digital economic power

August 9, 2022
Rail fares in England to rise below inflation rate, ministers say

Rail fares in England to rise below inflation rate, ministers say

August 15, 2022
BSP signals less than 75-bp rate hike

BSP signals less than 75-bp rate hike

July 26, 2022
  • About Us
  • Privacy Policy
  • Terms & Conditions
  • Contact Us
  • Email Whitelisting

Copyright © 2022 SmarterNewsNow.
All Rights Reserved.

Disclaimer: SmarterNewsNow.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

No Result
View All Result
  • About Us
  • Contact Us
  • Email Whitelisting
  • Home
  • Privacy Policy
  • Terms & Conditions
  • Thank You

Copyright © 2020 SmarterNewsNow. All Rights Reserved.