From experience accumulated over the past decades, the president continued, we know that a fair, transparent and inclusive international order based on rules recognized by all is an essential prerequisite for economic stability and sustained growth.
It is also particularly important as a mechanism for managing disputes and resolving conflicts. It is vital to ensure that the rights and interests of the vulnerable are not trampled upon by the ambitions of the powerful, Ramaphosa stressed.
However, he lamented, G20 members “are not moving fast enough or boldly enough” to address global challenges.
We must, he said, collectively aim for radical change in our efforts to improve the lives of all our people and protect future generations.