G20 Chair’s Statement G20
Foreign Ministers’ Meeting
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Meeting: G20 Foreign Ministers met in Atlanta, Georgia, on 30–31 October
2026 under the US Presidency to discuss global economic challenges.
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Energy Security: Ministers stressed the need for abundant, affordable
and accessible energy to support economic growth, industrial development and
improved living standards.
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Growing Energy Demand: Rising demand driven by population growth,
industrialisation, electrification, transportation, cooling requirements and
digitalisation was highlighted.
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Nuclear Energy: Small modular reactors (SMRs) and micro reactors were
recognised as potential technologies for meeting electricity demand and
strengthening energy security.
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National Energy Choices: Every country should have the sovereign right
to determine its own energy mix based on its national requirements.
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Supply Chain Resilience: G20 members called for greater transparency,
information-sharing, investment and improved regulatory and permitting
processes to strengthen global supply chains.
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Critical Minerals: Governments were encouraged to work closely with the
private sector to expand the processing, refining and recycling of critical
minerals.
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Investment Environment: Stable domestic regulations and durable
contractual frameworks, particularly for long-term agreements, were identified
as important for attracting investment.
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Geopolitical Tensions: Ministers emphasised secure and uninterrupted
energy flows, safe navigation through international waterways, including the
Straits of Hormuz and Bab al-Mandab, and protection of critical infrastructure.
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Food Trade and Coercion: The statement opposed using food and
agricultural trade as an instrument of economic or political coercion against
other countries.
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Ebola Response: Ministers highlighted international cooperation in
combating Ebola and noted that US$2 billion had been raised at a September 2026
event in New York to support the response.
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Sports Diplomacy: Ministers appreciated Atlanta and Georgia for hosting
the meeting and providing an opportunity to experience American football
traditions.
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Next Meetings: The US Presidency looked forward to the G20 Leaders’
Summit in Miami, followed by the United Kingdom’s G20 Presidency in 2027.
[ABS
News Service/02.11.2026]
1.
The
G20 Foreign Ministers met in Atlanta, Georgia on October 30 and October 31,
2026, in the 250th year of the United States’ independence. The U.S. presidency
has pursued taking the G20 back to basics, focusing on its core mission of
discussing global economic challenges and proposing solutions that help improve
our citizens’ lives, raise their standards of living, and create economic
prosperity for everyone. The ministers held candid discussions on the U.S.
priorities. Specifically, ministers discussed energy security, supply chain
resilience, and geopolitical tensions, including the Straits of Hormuz and the
Bab al-Mandab.
Energy
Security
2. Every country is sensitive to the price
of energy. Every time there is an increase in the price of gasoline, the cost
of natural gas to heat a home, or the electricity to power our digital lives,
the cost of energy is felt by everyone. No country can have prosperity without
energy. Far too often governments have placed barriers to energy production and
punished their own people with higher costs. This is why it is not enough to
have access to energy; it is important that energy is abundant and access for
everyone is affordable. These conditions promote productivity, strengthen
industry, improve energy security, and increase economic growth. It is also
vital that countries build the infrastructure to develop and deploy the energy
systems of the future. Abundant energy is the backbone of a booming economy and
the foundation of enduring prosperity.
3. Energy is a foundational requirement for
economic progress. Too often, misguided policies in one part of the world have
stifled energy access in another part of the world. At the same time, global
energy demand keeps increasing as economies grow, driven by a range of factors,
including population growth, economic development, industrialization,
electrification, increasing cooling needs, expanding car and truck demand, and
the unprecedented rise of digitalization and information technology. Meeting
demand in a manner that addresses affordability, accessibility, and security
strengthens economic competitiveness and resilience; enhances participation in
the global economy; and, critically, people live better, healthier, more
prosperous lives.
4. Further, emerging energy technologies
can deliver abundant, baseload energy. Advancements in civil nuclear energy
technology, including small modular and micro reactors, can contribute to
meeting growing global electricity demand and enhancing energy security. Still,
we recognize that, for some, nuclear energy may not be a desired option for
their energy mix.
5. Every country is on its own energy path
and each country’s needs will demand different energy sources. One country
should not be constrained by what another country decides to use. Every country
is entitled to make its own sovereign choices.
Supply
Chain Resilience
6. Global supply chains are crucial for
modern societies to thrive. Basic materials like fertilizer are essential for
food production and security, raw materials are necessary for basic
manufacturing, and critical minerals are crucial for energy security, advanced
manufacturing, and emerging technologies.
7. It is important that G20 members improve
the resilience of these supply chains, and it begins with sharing more
information, improving transparency, and mobilizing investment. Updating the
permitting process and regulations can further expand supply chain efficiency.
8. Recognizing that governments alone
cannot solve this problem, governments should commit to close partnerships with
the private sector. Such partnership can help advance processing, refining and
recycling of critical minerals. Investment is crucial to strengthening supply
chains. Stable and predictable domestic regulatory environments, along with
durable contractual frameworks, particularly for long-term agreements, underpin
the investments required to expand supply chains for energy and critical
minerals.
Geopolitical
Tensions
9. The world has felt the effects of
significant global energy disruptions in 2026. It is important to ensure
secure, resilient, and uninterrupted energy flows, including safe navigation
and transit passage through international waterways and the security of
critical infrastructure, as essential to global economic stability and energy
security.
10. Further, the weaponization of normal
food supply chains is an increasingly frequent challenge within the trading
system, whereby a government takes targeted actions to slow, stop, or block the
trade of food in order to exert coercive pressure over another sovereign
country on an unrelated geopolitical issue. It is important the global
community agree that trade in food and agricultural products should not be used
as a tool for economic or political coercion.
Ebola
11. As Ministers noted, international
cooperation is key to combating Ebola. The $2 billion raised to fight the
outbreak at the September event in New York, held during the U.S. presidency,
has catalyzed a more aggressive response to this
deadly disease. The G20 commends the communities and the frontline responders
for their tireless efforts.
Sports
Diplomacy
12. Ministers expressed their appreciation
to the people of Atlanta and the State of Georgia for their hospitality. It
also provided an opportunity for G20 partners to experience the deep American
tradition of U.S. football, and one of the greatest collegiate rivalries
between the University of Georgia and the University of Florida.
13. The U.S. G20 Presidency appreciates G20
members’ contributions to our candid, substantive deliberations in Atlanta. We
look forward to the Leaders’ Summit in Miami and the presidency of the United
Kingdom in 2027.