G20 warns against export curbs, flags energy trade risks in Sep 2 statement

The G20 presidency issued a statement on Sep 2, 2026, saying the global economy remains resilient despite multiple shocks, including ongoing wars and conflicts. The group backed the IMF's efforts to improve analytical tools for monitoring policies that drive global imbalances, with growth as a core priority and members working to remove obstacles including regulatory and administrative burdens.G20 finance chiefs urged countries to avoid unnecessary export restrictions to safeguard supply chain operations, while acknowledging that excessive and persistent imbalances pose risks of distortionary effects and negative spillovers. The group expressed concern over continued disruptions to energy trade and navigational safety in the Strait of Hormuz.

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