G20

South Korea and Japan shared "serious concerns" on the recent weakness of their currencies against the dollar and agreed to take "appropriate actions" to counter extreme volatility, the finance ministry in Seoul said Wednesday.

Finance Minister Mehmet Şimşek has ruled out scenarios regarding the real depreciation of the Turkish Lira after the upcoming local elections.

"We do not have an exchange rate target. We are implementing a policy set which makes the lira attractive," Şimşek said in a televised interview on March 4.

Treasury and Finance Minister Mehmet Şimşek has held a series of talks at the first G20 finance ministers and central bank governors' meeting of the year in Sau Paulo, Brazil.

President Recep Tayyip Erdoğan has affirmed Türkiye's commitment to pursuing diplomatic avenues to resolve the ongoing war between Russia and Ukraine, calling for dialogue between the two parties.

Treasury and Finance Minister Mehmet Şimşek has met with U.S. Treasury Secretary Janet Yellen on the sidelines of the G20 finance ministers and central bank governors' summit in Brazil.

"I met with Minister Mehmet Şimşek to discuss how Türkiye and the United States can work together to address crucial regional issues," Yellen wrote on the social media platform X.

Foreign Minister Hakan Fidan has embarked on a diplomatic tour of Latin America, visiting Venezuela following his participation in the G20 in Brazil, then journeying on to Mexico.

Turkish and Russian foreign ministers, Hakan Fidan and Sergey Lavrov respectively, had a bilateral meeting on the sidelines of the G20 ministerial in Brazil in which they discussed the ongoing war between Russia and Ukraine and the continued Israeli offensive against the Palestinians in Gaza.

Turkish Foreign Minister Hakan Fidan and Russian counterpart Sergei Lavrov on Thursday discussed "the dire humanitarian situation in Gaza" and steps that could be taken on it at the G20 in Rio de Janeiro, a Turkish diplomatic source said.

Türkiye's top diplomat has called on the G20 to play a more effective role in ending the tragedy of the Palestinians in Gaza through a full ceasefire between Israel and Hamas, in his diplomatic contacts on the sidelines of the G20 ministerial in Brazil.

Brazil criticized the "paralysis" of the U.N. Security Council on the wars in Gaza and Ukraine as it opened a G20 meeting Wednesday where the international community's deep divisions were on display.