The European Union will tell a meeting of finance leaders from the world's ...
BUCHAREST - The European Union will tell a meeting of finance leaders from the world’s 20 biggest economies next week that they must all tackle the root causes of global trade tensions because they are putting global growth at risk, an EU document showed.
Finance ministers and central bank governors of the Group of 20 major economies are to meet in Washington on April 11-12 to discuss the main challenges to the world economy. The United States and China are engaged in intense negotiations to end a months-long trade war that has rattled global markets. Hopes of a resolution soared after both sides expressed optimism following talks in Beijing last week.
“The international community has to tackle the root causes of the ongoing trade tensions by ensuring a level playing field for open and free trade in goods and services, investment and intellectual property rights,” the joint EU statement said.
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