Berliner Boersenzeitung - US breaks its boycott of South Africa's G20 summit

EUR -
AED 4.108631
AFN 72.718912
ALL 91.057672
AMD 404.138689
ANG 2.002333
AOA 1027.018171
ARS 1729.020675
AUD 1.621656
AWG 2.01376
AZN 1.909959
BAM 1.9623
BBD 2.256686
BDT 139.622493
BGN 1.955396
BHD 0.423298
BIF 3352.386487
BMD 1.118756
BND 1.435763
BOB 13.446541
BRL 6.151029
BSD 1.120471
BTN 105.220538
BWP 15.434677
BYN 3.355395
BYR 21927.614131
BZD 2.253477
CAD 1.576965
CDF 2595.514018
CHF 0.915886
CLF 0.027676
CLP 1089.229942
CNY 7.469377
CNH 7.462745
COP 3634.311854
CRC 508.137914
CUC 1.118756
CUP 26.891216
CVE 110.631461
CZK 24.354245
DJF 199.524609
DKK 7.475521
DOP 68.082658
DZD 152.34438
EGP 60.323863
ERN 16.781337
ETB 183.895683
FJD 2.534654
FKP 0.837714
GBP 0.834105
GEL 2.903189
GGP 0.837714
GHS 13.098388
GIP 0.837714
GMD 83.349337
GNF 9924.082884
GTQ 8.566376
GYD 235.008454
HKD 8.772763
HNL 30.114216
HRK 7.572869
HTG 146.824481
HUF 362.904219
IDR 20227.10528
ILS 3.543715
IMP 0.837714
INR 104.958595
IQD 1699.429275
IRR 2115962.181879
ISK 136.801282
JEP 0.837714
JMD 177.827184
JOD 0.793248
JPY 176.701327
KES 145.360104
KGS 97.835187
KHR 4564.917673
KMF 494.489717
KPW 1006.880197
KRW 1505.8227
KWD 0.347799
KYD 0.933863
KZT 502.232426
LAK 25207.443957
LBP 100335.927717
LKR 372.606055
LRD 190.571258
LSL 18.529735
LTL 3.303395
LVL 0.676724
LYD 7.17029
MAD 10.957897
MDL 20.027674
MGA 5091.407518
MKD 61.518753
MMK 2348.779066
MNT 4028.825441
MOP 9.049175
MRU 45.236008
MUR 52.670582
MVR 17.220986
MWK 1942.897957
MXN 20.773283
MYR 4.540802
MZN 71.483847
NAD 18.53015
NGN 1509.816716
NIO 41.23669
NOK 10.521328
NPR 168.271169
NZD 1.99359
OMR 0.430195
PAB 1.121114
PEN 3.861692
PGK 5.106565
PHP 70.755733
PKR 309.88721
PLN 4.384796
PYG 7003.819206
QAR 4.097774
RON 5.34374
RSD 117.634953
RUB 92.081868
RWF 1653.81688
SAR 4.207099
SBD 9.004399
SCR 15.485136
SDG 672.932625
SEK 10.994707
SGD 1.431901
SHP 0.837862
SLE 25.675065
SLL 23459.75515
SOS 640.326286
SRD 42.04676
STD 23155.986777
STN 24.570077
SVC 9.80849
SYP 14546.062858
SZL 18.523417
THB 37.472739
TJS 10.341155
TMT 3.915645
TND 3.354411
TOP 2.693695
TRY 56.138502
TTD 7.598536
TWD 36.737143
TZS 2959.106924
UAH 50.759638
UGX 4585.188208
USD 1.118756
UYU 45.099389
UZS 13376.308356
VES 1002.759193
VND 28545.614202
VUV 133.425135
WST 3.118894
XAF 655.957
XAG 0.02122
XAU 0.000272275241
XCD 3.023494
XCG 2.020292
XDR 0.791018
XOF 655.957
XPF 119.331742
YER 264.725556
ZAR 18.395545
ZMK 10070.139615
ZMW 22.767427
ZWL 360.238919
SSP 6427.512117
MXV 2.335285
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

US breaks its boycott of South Africa's G20 summit
US breaks its boycott of South Africa's G20 summit / Photo: GIANLUIGI GUERCIA - AFP

US breaks its boycott of South Africa's G20 summit

In an 11th-hour about-turn, the United States has told South Africa it wants to take part in this weekend's G20 summit in Johannesburg, President Cyril Ramaphosa said Thursday.

Text size:

President Donald Trump's administration had said it would not take part in the November 22-23 meeting and that no final statement by G20 leaders could be issued without its presence.

It has clashed with South Africa over various international and domestic policies this year, extending its objections to Pretoria's G20 priorities for the meeting of leading economies being held for the first time in Africa.

"We have received notice from the United States, a notice which we are still in discussions with them over, about a change of mind about participating in one shape, form or other in the summit," Ramaphosa told reporters.

"This comes at the late hour before the summit begins. And so therefore, we do need to engage in those types of discussions to see how practical it is and what it finally really means," he said.

In a note to the government on Saturday, the US embassy repeated that it would not attend the summit, saying South Africa's G20 priorities "run counter to the US policy views and we cannot support consensus on any documents negotiated under your presidency".

In response, Ramaphosa said earlier Thursday that South Africa would not be bullied.

"It cannot be that a country's geographical location or income or army determines who has a voice and who is spoken down to," Ramaphosa told delegates at a G20 curtain-raiser event.

There "should be no bullying of one nation by another", he said.

- 'Positive sign' -

But after notice from Washington that it had reconsidered, Ramaphosa said the change of heart was "a positive sign".

"All countries are here, and the United States, the biggest economy in the world, needs to be here," he said.

"So it's pleasing to hear that there is a change of approach, and so we are still discussing how that will manifest."

It was not immediately clear how Washington would join the meeting, where around 40 countries will be present including several heads of state.

South Africa chose "Solidarity, Equality, Sustainability" as the theme of its presidency of the G20, which comprises 19 countries and two regional bodies, the European Union and the African Union.

Its agenda focuses on strengthening disaster resilience, improving debt sustainability for low-income countries, financing a "just energy transition" and harnessing "critical minerals for inclusive growth and sustainable development".

After early objections from Washington, it vowed to press on with its programme and its aim to find consensus on a leaders' statement on the outcome of the discussions.

"We will not be told by anyone who is absent that we cannot adopt a declaration or make any decisions at the summit," Foreign Minister Ronald Lamola said Thursday.

Trump has singled out South Africa for harsh treatment on a number of issues since he returned to the White House in January, notably making debunked claims of white Afrikaners being systematically "killed and slaughtered" in the country.

He expelled South Africa's ambassador in March and has imposed 30 percent trade tariffs, the highest in sub-Saharan Africa.

US businesses were well represented at a separate Business 20 (B20) event that wound up in Johannesburg Thursday.

The head of the US Chamber of Commerce, Suzanne Clark, thanked South Africa for fostering "real collaboration between G20 nations during a time of rapid change" during its rotating presidency, which transfers to the United States for 2026.

"The US Chamber of Commerce will use our B20 leadership to foster international collaboration," Clark said.

The United States has significant business interests in South Africa with more than 600 US companies operating in the country, according to the South African embassy in Washington.

G20 members account for 85 percent of global GDP and around two-thirds of the world's population.

(L.Kaufmann--BBZ)