Treasury Secretary Janet Yellen is facing growing skepticism from some leading rich and developing nations as the residual impact of sanctions against Russia is deepening divisions among the Group of 20 countries.
Putin says that a parallel agreement promising to remove obstacles to Russian exports of food and fertilizer has not been honored. Russian officials also complain that restrictions on shipping and insurance hampered its agricultural trade, though it has shipped record amounts of wheat since last year.
“Something I imagine they can get behind is the importance of getting energy and food flowing and other food security issues for developing nations," she said. “India has wanted to present itself as the convener of the world at a time of international fragmentation," Lipsky said. “It will be harder to do with Xi not there.”International Monetary Fund report
Sobel said the sanctions against Russia as well as other measures to curb Russian oil proceeds were"targeted and highly appropriate.”
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