G20 becomes shallower even as it expands

Contributing sentiments towards policy:

61% : But the EU is one of the world's great trading, regulatory and currency powers.
61% : (His rather nebulous announcement over the weekend of an India-Middle East "transport corridor" backed by the EU, US and Saudi Arabia, details tbc, is a classic of the genre.)
58% : You can always boost attendance by enlarging the membership, and this weekend the G20 gave the 55-nation African Union the same full-member status as the EU.
58% : As FT colleagues have described, China wants to dominate a bunch of UN agencies if it can pack them with friendly developing nations, much like the Brics grouping.
55% : After a decade of being guided by its traditional toxic aversion to preferential trade agreements, particularly with rich economies, New Delhi has recently signed deals with the United Arab Emirates and Australia, and has talks with the EU, UK and New Zealand on the go.
53% : The EU has released its annual report on the use of its trade defence instruments such as antidumping and countervailing duties, as Brussels continues to create new legal tools to go after unfairly subsidised trade.
44% : The EU is much less bothered about the symbolism and the geopolitics and won't sign a deal that dilutes its standard preferential model.
39% : As for the AU's geopolitical role, if anything it's managed to do even less to stop the recent string of military coups in west Africa than the EU has to rein in Viktor Orbán's autocratic tendencies in Hungary or indeed to deter Putin from annexing Ukraine.

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