U.S. assumes G20 presidency, pledges renewed focus on economic growth, energy and innovation #rwanda #RwOT

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In a statement released by the U.S. State Department, Washington said its priorities will include 'unleashing economic prosperity by limiting regulatory burdens,' ensuring 'affordable and secure energy supply chains,' and 'pioneering new technologies and innovations.'

The U.S. framed its leadership of the G20 as an opportunity to return the multilateral forum to its core mission of driving global economic prosperity.

The transition comes amid a diplomatic rift with South Africa, the previous G20 chair, after Washington boycotted the 2025 G20 summit held in Johannesburg, South Africa

Under the new U.S. presidency, the next G20 leaders' summit is scheduled to take place in Miami at a resort owned by Donald Trump.

The decision to relocate the summit and the U.S. boycott of the previous meeting has already created friction among member states, with some leaders urging return to collaboration over controversy.

Analysts say the U.S. agenda under its presidency could reshape global economic cooperation especially if Washington achieves reforms in regulation, energy, and technology sectors.

However, given the existing divisions within the G20 over issues ranging from debt relief to energy policy, accomplishing broad consensus will likely be challenging.

The United States (U.S.) officially assumed its 12-month G20 presidency on Monday, with a focus on promoting economic growth, deregulation, stable energy supply chains, and technological innovation.

Rania Umutoni



Source : https://en.igihe.com/news/article/u-s-assumes-g20-presidency-pledges-renewed-focus-on-economic-growth-energy-and

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