G20 must tackle root causes of trade tensions that threaten growth: EU - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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.

“We reaffirm our commitment to keep the global economy open as well as rules-based, to support an inclusive multilateral trading system with the World Trade Organization at its center and to keep international economic cooperation on track,” the EU said.

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Britain's May asks EU for Brexit extension to June 30 - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.British Prime Minister Theresa May wrote to European Council President Donald Tusk on Friday asking for a delay of Brexit until up to June 30, but said she still hopes to get Britain out of the EU earlier to avoid it participating in European elections.
Source: SABC News Online - 🏆 32. / 51 Read more »

EU lifts ban on ostrich imports from SA - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.The European Union, which is the largest consumer of South African ostrich meat, has lifted the ban on ostrich imports. It’s abt time Does that mean that the ANC politicians in Parliment can move to Europe 🤔😂😂
Source: SABC News Online - 🏆 32. / 51 Read more »

EU would deploy customs controls immediately after no-deal Brexit - Moscovici - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.%The European Union's main economics and tax official said on Wednesday that the risk of a' no-deal' Brexit on April 12 was increasing, as he explained the bloc's contingency plans for customs checks.%
Source: SABC News Online - 🏆 32. / 51 Read more »

UK finance minister optimistic over deal with Labour on BrexitTalks between the British government and the main opposition Labour party aimed at breaking the deadlock over Brexit continue, finance minister Philip Hammond said on Saturday, adding he expected to reach 'some form of agreement.'
Source: TimesLIVE - 🏆 28. / 59 Read more »