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Japan's Vice Finance Minister, Mr Mu yuan Nen, said that the communiqu on Tuesday issued by the group of 20 leaders of Finance and Economics (G20) may reflect the worries of many G20 countries about protectionism and so on.
On March 19, 2018, a man used a mobile phone call at the G20 finance minister's group (G20) in Buenos Aires, Argentina. REUTERS/Marcos Brindicci
But another Japanese finance ministry official said that the discussion on the communiqu's wording is still ongoing. The difference still surrounds whether to deal with trade frictions in a unilateral or multilateral framework.
In the background of anxiety about the US's implementation of metal tariffs and Sino US trade relations, financial leaders from all over the world vowed to support free trade. Trump administration officials said the US would not sacrifice its national interests.
The original wood Ren Monday after the first day of the meeting attended the meeting on the two told reporters that Japan told the other members of the G20, protectionism will not allow any country to benefit, and it is one of the main risks facing the global economy, because protectionism can lead to trade atrophy.
"Many countries have expressed concern about this inward policy. It's hard to imagine that such a sound won't be reflected in tomorrow's G20 communiqu, "he said.
Worries about trade war brought a shadow to the G20 financial leaders in Buenos Aires. The conference was designed to discuss issues such as brighter economic prospects, currency and infrastructure. The communiqu for the meeting will be released on Tuesday.
Another senior official in the Japanese Ministry of Finance told reporters anonymously that the wording of the G20 communiqu's trade will not be too different from last year's Hamburg summit communiqu. The communique emphasized the importance of a "rule-based international trading system".
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