G20 to Postpone Meetings, Hold Others Virtually amid Coronavirus Scare

G20 to Postpone Meetings, Hold Others Virtually amid Coronavirus Scare
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G20 to Postpone Meetings, Hold Others Virtually amid Coronavirus Scare

G20 to Postpone Meetings, Hold Others Virtually amid Coronavirus Scare

Saudi Arabia, which currently chairs the G20 group, confirmed taking precautionary measures during meetings scheduled to be held this March to limit the spread of the coronavirus

Riyadh announced it intends to postpone a number of meetings and hold others virtually, while it will continue to assess the situation regarding COVID-19’s outbreaks.

The Saudi G20 Presidency will continue to convene, foster, support and coordinate international efforts to counter the impacts of the COVID-19 pandemic, both in human and economic terms, said the statement.

The statement indicated that G20 Presidency has taken necessary precautionary measures for all meetings through to the end of March whilst ensuring important discussions continue to take place and efforts are focused on the global response to COVID-19.

“The G20 is implementing new arrangements for scheduled meetings through to the end of March. Some meetings will be postponed, and some will be held virtually.”

The G20 announced that it is working closely with the World Health Organization (WHO) and the Saudi Ministry of Health given the rapidly changing circumstances around COVID-19, including elevated travel restrictions, and will continue to evaluate the status of meetings.

On Friday, G20’s Sherpas discussed the COVID-19 pandemic and its impact on people and the global economy during their second meeting in Khobar, Saudi Arabia.

“We are deeply saddened by the human tragedy caused by the spread of COVID-19 and stand in solidarity with all affected countries,” said in a statement issued after the meeting.

The statement stated that G20 countries will enhance cooperation and coordination to control the outbreak, protect people, mitigate the economic impact, and maintain economic stability, while avoiding stigmatization.



Gazprom, CNPC Discuss Future Russian Gas Supplies to China

A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
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Gazprom, CNPC Discuss Future Russian Gas Supplies to China

A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo
A view shows a board with the logo of Russian gas producer Gazprom at the St. Petersburg International Economic Forum (SPIEF) in Saint Petersburg, Russia June 5, 2024. REUTERS/Anton Vaganov/File Photo

The heads of Russia's Gazprom and China's energy company CNPC discussed future Russian gas supplies to China during talks in Beijing, Gazprom said on Friday, as Moscow seeks stronger ties with the world's biggest energy consumer.

Russia, the holder of world's largest gas reserves, has diverted oil supplies from Europe to India and China since the start of the conflict in Ukraine in February 2022, Reuters said.

At the same time, Russia's diversification of pipeline natural gas from the European Union has been slow.

It started gas exports to China via the Power of Siberia pipeline in the end of 2019 and plans to reach the pipeline's annual exporting capacity of 38 billion cubic meters this year.

Russia and China have also agreed on exports of 10 bcm of gas from Russia's Pacific island of Sakhalin starting from 2027.

However, years of talks about the Power of Siberia 2 pipeline, which would ship 50 bcm of gas per year to China via Mongolia, have yet to be concluded as the two sides disagree over issues such as the gas price.

Russian President Vladimir Putin is set to travel to China in early September to participate in celebrations marking the anniversary of the victory over Japan in World War II.

The trip follows Chinese President Xi Jinping's visit to Moscow in May.