Russian Deputy Foreign Minister Alexander Grushko stressed on Wednesday that attempts to exclude Russia from the G20 are destined to failure. Grushko pointed to the US defense budget draft, which wrote that it would exclude Russian government officials  from the G20 and other international institutions. 

The House and Senate Armed Services Committee yesterday, Tuesday, reached an agreement on the National Defense Authorization Act (NDAA) for 2023's fiscal year that would exclude Russia from the G20 and other bodies, according to the document made public. 

"We see that the Western policy is now aimed at isolating Russia, which has already failed, as well as attempts to exclude Russia from various multilateral formats have failed," Grushko said, asserting that the majority of the international community would not endorse such a decision. 

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The NDAA statement wrote that "It is the policy of the United States to seek to exclude government officials of the Russian Federation, to the maximum extent practicable, from participation in meetings, proceedings, and other activities of the following organizations: (1) Group of 20; (2) Bank for International Settlements; (3) Basel Committee for Banking Standards; (4) Financial Stability Board; (5) International Association of Insurance Supervisors; (6) International Organization of Securities Commissions."

In addition, the US Secretary of the Treasury, the Board of Governors of the Federal Reserve System, and the Securities and Exchange Commission "shall take all necessary steps to advance the policy set forth in subsection (a)." 

The President of the United States "may waive the application of this section if the President reports to the Congress that the waiver is in the national interest of the United States and includes an explanation of the reasons, therefore."

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