G20 finance chiefs express concern over risks from 'intensified' trade conflict


  • World
  • Sunday, 09 Jun 2019

Japan's Finance Minister Taro Aso poses with delegations members for a family photo during the G20 Finance Ministers and Central Bank Governors Meeting in Fukuoka, Japan June 9, 2019. REUTERS/Kim Kyung-Hoon

FUKUOKA, Japan (Reuters) - Group of 20 finance leaders on Sunday said that trade and geopolitical tensions have "intensified", raising risks to improving global growth, but they stopped short of calling for a resolution of a deepening U.S.-China trade conflict.

After fiery negotiations that nearly aborted the issuance of a communique, finance ministers and central bank governors meeting in southern Japan repeated tepid support for a rules-based multilateral trading system.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In World

Death toll from rains in southern Brazil climbs to 66, over 100 still missing
South Africa inquiry blames authorities for neglect leading to deadly fire
Death toll from Kenya floods rises to 228
On Orthodox Easter, Zelenskiy calls on Ukrainians to unite in prayer
Russia blames Baltic countries for the severing of most ties
Panamanians vote in crowded field of presidential contenders
Putin attends Easter service led by head of Russia's Orthodox Church
Fake videos of Modi aides trigger political showdown in India election
Australian police shoot boy dead after stabbing with 'hallmarks' of terrorism
Togo ruling party wins sweeping majority in legislative poll, final provisional results show

Others Also Read