German Chancellor Angela Merkel, British Prime Minister Theresa May and leaders from Japan, South Korea, India and other governments also attended the summit. “PM Narendra Modi bids adieu to President Xi”, External Affairs spokesman Vikas Swarup tweeted.
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The creation of the global steel forum could help to ease strains between Beijing and its trading partners, said economist Rajiv Biswas of IHS.
A Downing Street official said the prospect of a major free trade deal between the United Kingdom and Beijing was also raised by Xi Jinping during talks with Theresa May following the G20 summit in Hangzhou.
Prime Minister Justin Trudeau was silent Monday after reports that Turkish president Recep Tayyip Erdogan used the G20 to pointedly criticize usa president Barack Obama over his support for Kurdish troops fighting ISIL in Syria.
World leaders are gathering in Hangzhou for the 11th G20 Leaders Summit from September 4 to 5. Chinese officials want the G-20, created to respond to the 2008 financial crisis, to take on a longer-term regulatory role.
And talks with Turkish President Recep Tayyip Erdo?an centered on July’s coup attempt and Turkey’s insistence the U.S. extradite a cleric accused of plotting the attempted overthrow.
However, the group of major industrialized and emerging nations assures it is well prepared to face the negative consequences of the projected exit of the United Kingdom from the European Union (EU), another issue of vital analysis.
Obama notes at his news conference before leaving China that he will be the first USA president to visit the southeast Asian country.
The Turkish president also said his country was cooperating with Russian Federation for a ceasefire to be declared in the Aleppo region before the Eid al-Adha Muslim holiday, which is due around September 12.
“I’ve been clear we will be continuing that global strategic partnership with China”. China has promised to cut steel capacity by 45 million tonnes this year, though it said last month that it was behind on that target.
The negotiations were to continue Monday, even as President Barack Obama voiced scepticism the diplomacy would pay off.
Obama’s hopes of smoothing relations with China got off to a turbulent start after a series of airport scuffles after his arrival.
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For the first time, the summit put the issue of development front and centre of the global macro policy framework, constituted an action plan to facilitate the implementation of the 2030 Agenda for Sustainable Development and supported the industrialisation of African countries and least developed countries collectively. News stories displayed here appear in our category for Business and are licensed via a specific agreement between LongIsland.com and The Associated Press, the world’s oldest and largest news organization.
