Russia's G20 sherpa, Denis Agafonov, has declared the US decision to exclude South Africa from G20 events illegitimate, citing the need for consensus in G20 membership. Moscow expects Washington to reconsider.
Russian G20 sherpa Denis Agafonov highly values the Global South's contribution to the G20, noting their increasingly confident voice and role in driving economic growth, following a sherpa meeting in Washington.
G20 members may discuss the crisis in the Strait of Hormuz and other energy market issues, according to Russian Sherpa Denis Agafonov. The Strait of Hormuz is a critical chokepoint for global oil transport.
Russia's G20 Sherpa, Denis Agafonov, stated that the G20 will address sanctions from an economic viewpoint, comparing them to tariffs and other non-market measures. He cited a World Economic Forum estimate of $200-300 billion in annual negative impact from sanctions.
Russia's G20 Sherpa Denis Agafonov stated that Moscow has not encountered significant obstacles from the US regarding its participation in G20 events, despite overall US-Russia restrictions. He emphasized the G20 is an international forum where each country has the right to decide on attendees.
Russia's G20 sherpa, Denis Agafonov, stated that US priorities for its G20 presidency align with Russia's interests, particularly in the energy sector. He highlighted the US focus on technological neutrality and supply stability as opening opportunities for fossil fuel utilization. The G20 summit is set for December 14-15 in Doral, Florida.
Russia supports the US "back to basics" approach to the G20, focusing on economic growth and financial stability, according to Russian Sherpa Denis Agafonov. The US presidency, which began December 1, 2025, is seen as promising due to its focus on practical aspects.
Russia has informed the US of its business community's interest in participating in G20 events, including the upcoming summit in Doral, Florida. Denis Agafonov, Russia's G20 sherpa, stated that active private sector involvement is crucial for economic growth and that Russian businesses want to present their views.
Russia views the G20 as a potential platform for developing universal global economic rules, according to Denis Agafonov, Russian sherpa to the G20. He stated that even US leaders recognize the need for new rules, and unilateral attempts are not viable long-term.
Russia's G20 Sherpa, Denis Agafonov, stated that Moscow is in close contact with the US on G20 matters, focusing on economic growth and emerging tech like AI. He noted common ground exists between the two nations.
Russia will be well-represented at the G20 summit in December, according to Denis Agafonov, the Russian sherpa for the G20. The final decision on who will attend, including President Putin, will be made closer to the event, depending on various factors and the host country's approach.
