France Regrets G20 Meeting Outcome on Trade, Climate Change

Sat Mar 18 2017
Jim Andrews (507 articles)
France Regrets G20 Meeting Outcome on Trade, Climate Change

French Finance Minister Michel Sapin said he regretted that a meeting of world financial leaders on Saturday had failed to reach satisfactory conclusions on climate change and trade.

Sapin highlighted successes of the G20 meeting in Germany such as a determination to fight tax avoidance, clamp down on terrorist financing and strengthen private investment in Africa.

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“I regret nevertheless that our discussions today were not able to reach a satisfactory conclusion on two priorities that are absolutely essential in today’s world,” he said in a statement.

He cited the fight against climate change and trade, saying France was convinced of the need for “regulated free trade” that was profitable for everybody.

Jim Andrews

Jim Andrews

Jim Andrews is Desk Correspondent for Global Stock, Currencies, Commodities & Bonds Market . He has been reporting about Global Markets for last 5+ years. He is based in New York