War in Ukraine and Crypto Could Take Spotlight at G20 Summit Discussions

Leaders of the world’s biggest economies are likely to discuss sustainability, the war in Ukraine, and cryptocurrency regulation at the 18th G20 Summit to be held in India this weekend. However, border disputes could weigh heavy, leading to notable absences and a lack of consensus.

KEY TAKEAWAYS

• World leaders will meet at the 2023 G20 Summit in India to consider issues related to the global economy. 
• The G20, which is made up of 19 countries and the European Union, accounts for around 85% of global GDP and gathers annually at the G20 Summit.
• Differing positions on the war in Ukraine and related economic sanctions against Russia could bring diplomatic efforts to a halt. 
• The G20 leaders are expected to discuss global standards for cryptocurrency regulation.