G20 Summit | Moscow welcomes adoption of the G20 summit declaration

The G20 summit concluded in South Africa on Sunday, where Moscow reported that representatives from several 'unfriendly countries' approached its delegation on the sidelines with concrete proposals for economic cooperation, including non-public joint projects. Russian President Vladimir Putin did not attend to avoid complications from an International Criminal Court arrest warrant. Deputy Head of the Presidential Administration Maxim Arashkin highlighted the fragmentation of the global economy caused by sanctions, asset seizures, and other 'illegal measures' by developed economies. He warned of potential financial collapse for G7 countries due to rising debts and criticized major financial institutions for directing aid toward military purposes, citing corruption and misuse of funds in Ukraine. Moscow welcomed the adoption of the summit's final declaration by consensus and expressed readiness for constructive engagement in the G20 under the US presidency in 2026, signaling potential avenues for dialogue amid geopolitical tensions.