Afghan Voice Agency (AVA) - International Service: Finance ministers and central bank governors of the G20 concluded their two-day meeting on Tuesday with China blocking the group’s joint statement.
The meetings were hosted by the US in Asheville, North Carolina, and were overshadowed by the US war on Iran and Donald Trump’s tariffs.
China reportedly directly opposed the clause related to the Strait of Hormuz in the G20 statement; a clause that expressed concern about continued disruptions to energy trade and emphasized “free, secure and predictable traffic” through the waterway.
Following China's opposition and the failure to reach a full consensus, the G20 joint statement was not issued, and the United States, as the group's rotating chairman, issued the "G20 Chairman's Statement."
The official text of the statement says that all members present except China agreed to it, and China opposed paragraphs 4, 10, 11, and 13.
According to some analyses, one of China's concerns regarding the Strait of Hormuz was the language used by US Treasury Secretary Scott Besant; language that could later be used as a basis for arguments regarding the Taiwan Strait and the South China Sea, over which Beijing claims sovereignty.
The G20 was formed in 1999 and includes 19 countries, plus the European Union and the African Union.
The G20 summit, chaired by Donald Trump, is scheduled to be held in Miami, USA, on December 14 and 15.