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G20 summit concludes with historic consensus on world growth
He says he would be hesitant to apply situations that might be described in other countries to Canada because Canadians are generally open, positive and optimistic about the future.
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Obama will become the first sitting US president to travel to Laos later Monday, where he plans to push for closer economic ties with Laos and Southeast Asia, and raise human rights abuses in the one-party communist state. “It is indisputable that it would create a better deal for us than the status quo”, Obama said.
U.S. Secretary of State John Kerry and Russian Foreign Minister Sergei Lavrov were unable to strike a deal for a ceasefire in Syria and differences remain, a senior State Department official said after their meeting in China on Monday.
The leaders of the USA and Russian Federation discussed a possible cease-fire in Syria on the sidelines of the G20 summit in China, while emphasizing that humanitarian aid needed to be delivered to the country immediately.
USA secretary of state John Kerry and Russian foreign minister Sergei Lavrov, who met on Sunday to discuss Syria, held a fresh round of negotiations on Monday morning but this too ended without an agreement, China’s official Xinhua news agency reported.
China, the world’s biggest steel producer, has committed to reducing its production capacity by 100 to 150 million tons by 2020, a pledge Xi repeated Saturday.
China agreed to cooperate more closely with its trading partners on its politically volatile steel exports as leaders of major economies ended a summit Monday with a forceful endorsement of free trade and a crowded agenda that included the Koreas, Syria and refugees.
European Union leaders called Sunday for China to take action on its bloated steel industry and defended an order to Ireland to collect taxes from Apple, highlighting the trade tensions looming over a global economic summit.
“I’ve been clear we will be continuing that global strategic partnership with China”.
“We need to reignite the engine of growth via innovation”, he said, adding that the G20 had adopted “guiding principles” for investment policy management.
Ceremonial niceties matter at the G20, and things got off to a bad start when Barack Obama exited from the rear of Air Force One on folding stairs, a marked contrast to other leaders who descended down a large red-carpeted staircase.
A Chinese security official had also blocked National Security Adviser Susan Rice on the tarmac and yelled at another USA official trying to help journalists get closer to Obama.
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A U.S spy agency has apologised for a sassy Tweet which it said was sent “by mistake” – throwing shade at the People’s Republic of China.