Breaking News
Translate

G20 leaders reach compromise on free trade- report

Kindly Share This Story:

Group of 20 (G20) leaders have reached a compromise on trade by recognising both free trade and certain forms of protectionism, a report said on Saturday.

Leaders of the G20 on the Hamburg summit said they planned to continue the fight against protectionism, including all unfair trade practices.

“But also acknowledged the role of legitimate defense instruments in trade,’’ officials said.

Report says an agreement on climate change is still out of reach due to the stance of U.S. President Donald Trump, who decided to withdraw from the Paris Agreement in June.

The G20 Hamburg summit under the German Presidency kicked off on Friday with discussions on terrorism, global economic growth, trade and climate change, and continued on Saturday with focus on partnership with Africa, migration and health.

However, a communiqué is expected later.

Kindly Share This Story:
All rights reserved. This material and any other digital content on this platform may not be reproduced, published, broadcast, written or distributed in full or in part, without written permission from VANGUARD NEWS.

Disclaimer

Comments expressed here do not reflect the opinions of vanguard newspapers or any employee thereof.
Do NOT follow this link or you will be banned from the site!