US EditionU.S. Treasury's Bessent Skips G20 South Africa, Heads to World Expo 2025
DURBAN, SOUTH AFRICA, JUL 14 – US Treasury Secretary Scott Bessent's absence highlights rising tensions and challenges in addressing global economic pressures and climate finance at the G-20 finance chiefs meeting, officials said.
- U.S. Treasury Secretary Scott Bessent did not attend the G-20 meeting in Durban, South Africa, which raises questions about the group's ability to address global challenges, according to Mr. Josh Lipsky of the Atlantic Council.
- The Durban meeting occurs amid rising economic pressures, particularly for African economies facing significant debt, with Sub-Saharan Africa's external debt reaching $800 billion, as noted by Goldman Sachs.
- Bessent's absence at the G-20 has raised concerns about the group's future viability and U.S. plans for a smaller version when its presidency rotates in 2026, according to Mr. Lipsky.
- Bessent is scheduled to meet Japan's Prime Minister Shigeru Ishiba to discuss U.S. tariffs affecting Japanese products.
11 Articles
11 Articles
Ishiba Likely to Meet with Bessent in Tokyo This Week; U.S. Treasury Secretary to Attend Expo Event
Arrangements are being made for Prime Minister Shigeru Ishiba to meet with U.S. Treasury Secretary Scott Bessent, who is scheduled to visit Japan to attend an event at the 2025 Osaka-Kansai Expo in Osaka on Saturday, it has been learned.
Bessent no-show, BRICS tensions set to cast shadow over Durban G20 meeting
JOHANNESBURG: Another no-show by US Treasury Secretary Scott Bessent, Donald Trump’s tariff threats and rising tensions between Washington and BRICS countries look set to overshadow this week’s meeting of G20 finance chiefs in Durban, South Africa. © New Straits Times Press (M) Bhd
Ishiba eyes talks with U.S. treasury chief possibly on Fri. in Japan
Prime Minister Shigeru Ishiba is seeking to hold talks with U.S. Treasury Secretary Scott Bessent, possibly on Friday, during his visit to Japan for the World Exposition, government sources said, as the deadline for the imposition of steep tariffs by the United States looms.
U.S. Treasury's Bessent Skips G20 South Africa, Heads to World Expo 2025
U.S. Treasury Secretary Scott Bessent will not attend the G20 finance meeting in South Africa, instead participating in the World Expo 2025 in Japan. Michael Kaplan will represent the U.S. at the G20 event. This decision aligns with previous G20 meeting absences amid U.S.-South Africa tensions.
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