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Mnuchin rejects language in past G20 statements as irrelevant

AFP  |  Baden-Baden (Germany) 

US Treasury Secretary Steven Mnuchin today shrugged off an outcry over the omission of a long-standing anti-protectionist pledge from a G20 ministers' statement, saying language used in the past is "irrelevant."

"The historical language was not relevant and, what is relevant is what we agreed as a group: to strengthen the contributions of trade to our economies and we will strive to reduce excess global imbalances to promote inclusiveness and fairness and reduce inequality," he said.



"I think that accurately reflects what we as a group talked about.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

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Mnuchin rejects language in past G20 statements as irrelevant

US Treasury Secretary Steven Mnuchin today shrugged off an outcry over the omission of a long-standing anti-protectionist pledge from a G20 finance ministers' statement, saying language used in the past is "irrelevant." "The historical language was not relevant and, what is relevant is what we agreed as a group: to strengthen the contributions of trade to our economies and we will strive to reduce excess global imbalances to promote inclusiveness and fairness and reduce inequality," he said. "I think that accurately reflects what we as a group talked about. US Treasury Secretary Steven Mnuchin today shrugged off an outcry over the omission of a long-standing anti-protectionist pledge from a G20 ministers' statement, saying language used in the past is "irrelevant."

"The historical language was not relevant and, what is relevant is what we agreed as a group: to strengthen the contributions of trade to our economies and we will strive to reduce excess global imbalances to promote inclusiveness and fairness and reduce inequality," he said.

"I think that accurately reflects what we as a group talked about.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22

Mnuchin rejects language in past G20 statements as irrelevant

US Treasury Secretary Steven Mnuchin today shrugged off an outcry over the omission of a long-standing anti-protectionist pledge from a G20 ministers' statement, saying language used in the past is "irrelevant."

"The historical language was not relevant and, what is relevant is what we agreed as a group: to strengthen the contributions of trade to our economies and we will strive to reduce excess global imbalances to promote inclusiveness and fairness and reduce inequality," he said.

"I think that accurately reflects what we as a group talked about.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

image
Business Standard
177 22