The Deputy Head of the OP met with a delegation from the Brazilian Chamber of Deputies. The parties discussed the Peace Formula, participation in the Crimean Platform and Brazil's presidency of the G20.
US President Joe Biden confirmed his participation in the G20 summit in Rio de Janeiro on November 18-19. During a conversation with the Brazilian president, he noted the good state of the economies of both countries and the importance of developing partnerships.
The G20 countries agreed on the need to tax the super-rich. The proposal calls for a 2% tax on wealth over $1 billion, but faced a negative reaction from some countries.
Antonio Guterres urged the world to urgently review climate strategies due to the record heat wave. He emphasized the need to abandon fossil fuels and strengthen the fight against inequality.
European Commissioner Paolo Gentiloni announced the possibility of concluding a G7 framework agreement on a $50 billion loan to Ukraine from frozen Russian assets by October 2024. The loan would be issued from $300 billion of frozen Russian assets.
G7 leaders consider using the proceeds of frozen Russian assets to provide a $50 billion loan to Ukraine. The United States demands guarantees of a long-term freeze on Russian assets until a peace agreement is concluded.