The Japan Times - South Africa to host G20 summit boycotted by US

EUR -
AED 4.202414
AFN 73.234648
ALL 93.94534
AMD 420.679135
ANG 2.048746
AOA 1049.891271
ARS 1708.316969
AUD 1.651217
AWG 2.062589
AZN 1.948912
BAM 1.955703
BBD 2.305386
BDT 141.133
BGN 1.934863
BHD 0.431579
BIF 3404.631133
BMD 1.144293
BND 1.477127
BOB 7.926607
BRL 5.915774
BSD 1.144643
BTN 109.047591
BWP 15.438234
BYN 3.321035
BYR 22428.147579
BZD 2.302086
CAD 1.624839
CDF 2570.082927
CHF 0.916597
CLF 0.026912
CLP 1059.177465
CNY 7.768723
CNH 7.764608
COP 3849.009092
CRC 521.474135
CUC 1.144293
CUP 30.323771
CVE 110.259531
CZK 24.195741
DJF 203.82989
DKK 7.478638
DOP 67.806637
DZD 152.604431
EGP 56.395203
ERN 17.164399
ETB 183.546696
FJD 2.586617
FKP 0.856955
GBP 0.854556
GEL 3.015225
GGP 0.856955
GHS 13.003355
GIP 0.856955
GMD 82.962963
GNF 10038.502097
GTQ 8.735567
GYD 239.428125
HKD 8.97658
HNL 30.63648
HRK 7.538035
HTG 149.712574
HUF 353.483867
IDR 20590.870346
ILS 3.431335
IMP 0.856955
INR 108.954451
IQD 1499.425629
IRR 1574490.289046
ISK 144.089783
JEP 0.856955
JMD 181.201013
JOD 0.81129
JPY 184.648901
KES 148.002659
KGS 100.065813
KHR 4583.772648
KMF 493.190359
KPW 1029.86432
KRW 1749.366875
KWD 0.355063
KYD 0.953953
KZT 541.303152
LAK 25845.718069
LBP 102500.516042
LKR 383.390984
LRD 207.749696
LSL 18.566079
LTL 3.3788
LVL 0.692172
LYD 7.336636
MAD 10.704169
MDL 20.134001
MGA 4852.759306
MKD 61.631943
MMK 2402.882317
MNT 4099.027451
MOP 9.246541
MRU 45.681734
MUR 53.838679
MVR 17.690605
MWK 1984.90155
MXN 19.989772
MYR 4.658456
MZN 73.131954
NAD 18.566079
NGN 1567.773639
NIO 42.117911
NOK 11.260973
NPR 174.476346
NZD 2.003841
OMR 0.441358
PAB 1.144643
PEN 3.894907
PGK 5.028751
PHP 70.375146
PKR 318.232516
PLN 4.293445
PYG 6959.654806
QAR 4.184292
RON 5.227137
RSD 117.371178
RUB 88.095631
RWF 1675.716886
SAR 4.297707
SBD 9.221334
SCR 15.409236
SDG 687.148732
SEK 11.051652
SGD 1.477743
SHP 0.85433
SLE 27.863888
SLL 23995.261369
SOS 654.167554
SRD 42.986493
STD 23684.559828
STN 24.498785
SVC 10.015503
SYP 126.481133
SZL 18.563079
THB 38.133591
TJS 10.610574
TMT 4.016469
TND 3.378232
TOP 2.755184
TRY 53.515737
TTD 7.757615
TWD 36.546404
TZS 3005.850912
UAH 50.978472
UGX 4177.792784
USD 1.144293
UYU 46.037717
UZS 13712.319878
VES 731.092695
VND 30090.335139
VUV 136.092615
WST 3.173331
XAF 655.924467
XAG 0.018332
XAU 0.000274
XCD 3.092509
XCG 2.062898
XDR 0.81576
XOF 655.924467
XPF 119.331742
YER 271.255012
ZAR 18.573595
ZMK 10300.011738
ZMW 21.031957
ZWL 368.461958
  • CMSC

    0.0400

    21.99

    +0.18%

  • CMSD

    -0.0300

    22.15

    -0.14%

  • NGG

    2.6700

    82.85

    +3.22%

  • GSK

    2.3600

    53.66

    +4.4%

  • AZN

    11.2900

    195.15

    +5.79%

  • RELX

    0.5500

    31.93

    +1.72%

  • BTI

    1.2100

    61.77

    +1.96%

  • RBGPF

    2.5400

    68.15

    +3.73%

  • RIO

    1.0700

    94.42

    +1.13%

  • JRI

    0.0600

    13

    +0.46%

  • BCC

    0.4500

    75.93

    +0.59%

  • BCE

    0.4000

    21.42

    +1.87%

  • VOD

    0.1400

    13.15

    +1.06%

  • RYCEF

    0.5400

    19.68

    +2.74%

  • BP

    1.2500

    37.4

    +3.34%

South Africa to host G20 summit boycotted by US
South Africa to host G20 summit boycotted by US / Photo: EMMANUEL CROSET - AFP

South Africa to host G20 summit boycotted by US

South Africa will host the G20 summit this weekend, aiming to secure commitments on debt relief for developing countries and to tackle global inequalities as the United States boycotts the event.

Text size:

US President Donald Trump, who has clashed with South Africa over its G20 agenda, is skipping the summit amid a wider US retreat from multilateralism that has rattled global order.

President Cyril Ramaphosa told reporters ahead of the November 22-23 event that the US absence is "their loss".

The United States is the most powerful of the 19 countries in the G20, which represents 85 percent of global GDP and about two-thirds of the world's population, and also includes the European Union and the African Union.

The US boycott echoes Trump's decision not to send an official delegation to the COP30 summit in Brazil.

The Republican leader has also withdrawn from the Paris Agreement, an international treaty to limit global warming and has imposed unilateral tariffs on a host of trading partners.

South Africa, in particular, has been slapped with a 30 percent tariff from the United States.

Trump has also singled out the sub-Saharan nation over a number of issues since he returned to the White House in January, notably claiming falsely that white Afrikaners were being systematically "killed and slaughtered" in the country.

- Debt, disaster financing -

South Africa's G20 theme of "Solidarity, Equality, Sustainability" focuses on supporting developing countries through debt relief and financing measures to cope with disasters caused by climate change.

It was branded "anti-American" by US Secretary of State Marco Rubio in February, when he skipped one of the first meetings of G20 ministers.

South Africa says debt is a priority because repayments limit investments in essentials such as infrastructure, healthcare and education.

Between 2021 and 2023, Africa spent $70 per capita on debt interest payments, more than on education or health which were at $63 and $44 per capita respectively, according to the United Nations.

Ramaphosa will also push for the creation of an "International Inequalities Panel", modelled after the IPCC for climate change, to tackle massive global inequality that is particularly stark than in South Africa.

A report for the G20 from a team led by Nobel laureate economist Joseph Stiglitz labelled wealth inequality as a global crisis that threatens democracy and social cohesion, saying it should be confronted with the same urgency as the climate crisis.

"If adopted, it would mark a significant win not just for Pretoria's presidency, but for the millions across the Global South whose voices are often sidelined in elite economic forums," said Tendai Mbanje, a researcher at the the University of Pretoria's Centre for Human Rights.

- Consensus? -

It is unclear if South Africa's G20 presidency will manage to secure a consensus and release a joint final declaration on the issues discussed.

Delegates involved in preparatory work said Argentina's representatives have been obstructive. President Javier Milei -- a Trump ally -- is also boycotting the event.

In the absence of the United States, China's representative Premier Li Qiang is expected to advocate for multilateralism.

"Economic globalisation and multipolarity are irreversible," Li said at a Asian regional summit in October.

Russia will be represented by President Vladimir Putin's economic advisor and deputy chief of staff, Maxim Oreshkin, in the notable absence of Foreign Minister Sergei Lavrov.

The summit is set to begin the day after the scheduled conclusion of COP30 in Belem, Brazil, whose final negotiations could influence discussions in Johannesburg.

It marks the end of a cycle of G20 presidencies by Global South countries, following Indonesia in 2022, India in 2023 and Brazil in 2024.

The next to take the baton is the United States.

Washington has already announced its intention to narrow the G20's focus to issues of economic cooperation at the December 2026 meeting to be held at a Miami golf course owned by the Trump family.

T.Sato--JT