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Biden To Attend G20 Summit In India Next Month

US

White House National Security Advisor Jake Sullivan has confirmed to reporters that President Biden will travel to India to attend the G20 leaders summit taking place September 9-10.

  • Sullivan said that Vice President Kamala Harris will separately attend the ASEAN summit in September.
  • According to Sullivan, Biden will focus on, "modernization of development banks," adding, "Biden's supplemental budget request for World Bank and IMF is 'strategically necessary' to support developing countries."
  • Sullivan says, "US support for world bank, IMF are not against China," but "institutions like IMF, World Bank are best way to mobilize substantial capital in non-coercive manner, compared to China's belt and road initiative."
  • The summit will be a rare opportunity for Biden to engage bilaterally with Chinese President Xi Jinping, also expected to be in attendance. At last year's G20 summit in Bali, the two leaders held a nearly-four-hour meeting and agreed to roll back tensions.
  • A similar meeting may happen on the margins of the Delhi conference. Especially considering recent overtures by both Beijing and Washington suggesting pragmatic competition may be preferable to the fissures which have emerged in the US-China relationship since the 'spy balloon' incident in January.

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