Russia will prepare for the G20 summit that will take place in the Indonesian province of Bali in November, but it is too early to talk about the modalities of its participation, Kremlin Spokesperson Dmitry Peskov confirmed on Friday.

Earlier Friday, AFP reported that Russian President Vladimir Putin and Ukrainian President Volodymyr Zelensky had both been invited to the G20 summit.

"Russia will prepare for this summit. It is too early to talk about any other modalities of our participation. We will inform you in time," Peskov told reporters.

On April 21, Indonesian Finance Minister Sri Mulyani Indrawati stated that invitations had been given to all G20 leaders, including Putin, as the country holds the rotating leadership of the group of 20 major world economies.

US, UK to boycott parts of G20 over Russia's participation

The US and UK had announced that they would boycott parts of the G20 finance ministers' summit because of the planned participation of Russia.

The US had called for Russia's expulsion from the G20, launching an unprecedented boycott of it because of the war in Ukraine.

US Treasury Secretary Janet Yellen was clear that she was not planning "to attend events or meetings that the Russians are participating in," White House Press Secretary Jen Psaki said in a briefing.

Yellen had previously pledged to boycott any events involving Russia and also called for Moscow's full expulsion from the G20.

The Treasury Secretary will only attend the opening session of the G20, will use it to show support for Ukraine, and will meet with Ukrainian PM Denis Shmyhal.

Indonesia, which is hosting the club this year, confirmed that it had already invited Moscow and that Putin would attend.