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Germany's Merkel and Japan's Abe urge free trade with jabs at U.S.

Reuters  |  HANOVER, Germany 

HANOVER, (Reuters) - German Chancellor Angela and Japan's Prime Minister Shinzo Abe spoke up for at a major technology fair on Sunday with jabs clearly pointed at an increasingly protectionist United States.

Both called for a deal to be reached quickly between and the European Union, in comments made after G20 finance ministers and central bankers dropped a long-standing mention of open trade in their final communique after a two-day meeting in

Neither leader named the U.S. government as they opened the technology fair in Hanover, but both used the opportunity to distance themselves from protectionist tendencies coming from the Trump administration.

"In times when we have to argue with many about free trade, open borders and democratic values, it's a good sign that and no longer argue about this but rather are seeking to shape the future in a way that benefits people," said.

As G20 president, feels especially committed to these principles, she added.

After meeting President Donald Trump in Washington on Friday for the first time, said she hoped the United States and the European Union could resume discussions on a trade agreement. Trump said he did not believe in isolationism but that trade policy should be fairer.

stressed that was strongly in favour of and open markets.

"We certainly don't want any barriers but at a time of an 'Internet of things' we want to link our societies with one another and let them deal fairly with one another, and that is what is all about," she said.

Speaking at the same event, Abe said: "Japan, having gone through reaping in abundance the benefits of and investment, wants to be the champion upholding open systems alongside "

He added: "Of course to do so it will be necessary to have rules that are fair and can stand up to democratic appraisal."

He also said the European Union and should soon reach an economic deal. welcomed his comments, saying: "It's very, very good that says we want a agreement, we want it soon because that could be the right statement and would love to be a driving force behind this."

European Commission President Jean-Claude Juncker told Bild am Sonntag newspaper he was pleased that he would be meeting Abe on Tuesday and said the bloc wanted to conclude a deal with this year.

(Reporting by Television and Andreas Rinke; Writing by Michelle Martin; Editing by Tom Heneghan)

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

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Germany's Merkel and Japan's Abe urge free trade with jabs at U.S.

HANOVER, Germany (Reuters) - German Chancellor Angela Merkel and Japan's Prime Minister Shinzo Abe spoke up for free trade at a major technology fair on Sunday with jabs clearly pointed at an increasingly protectionist United States.

HANOVER, (Reuters) - German Chancellor Angela and Japan's Prime Minister Shinzo Abe spoke up for at a major technology fair on Sunday with jabs clearly pointed at an increasingly protectionist United States.

Both called for a deal to be reached quickly between and the European Union, in comments made after G20 finance ministers and central bankers dropped a long-standing mention of open trade in their final communique after a two-day meeting in

Neither leader named the U.S. government as they opened the technology fair in Hanover, but both used the opportunity to distance themselves from protectionist tendencies coming from the Trump administration.

"In times when we have to argue with many about free trade, open borders and democratic values, it's a good sign that and no longer argue about this but rather are seeking to shape the future in a way that benefits people," said.

As G20 president, feels especially committed to these principles, she added.

After meeting President Donald Trump in Washington on Friday for the first time, said she hoped the United States and the European Union could resume discussions on a trade agreement. Trump said he did not believe in isolationism but that trade policy should be fairer.

stressed that was strongly in favour of and open markets.

"We certainly don't want any barriers but at a time of an 'Internet of things' we want to link our societies with one another and let them deal fairly with one another, and that is what is all about," she said.

Speaking at the same event, Abe said: "Japan, having gone through reaping in abundance the benefits of and investment, wants to be the champion upholding open systems alongside "

He added: "Of course to do so it will be necessary to have rules that are fair and can stand up to democratic appraisal."

He also said the European Union and should soon reach an economic deal. welcomed his comments, saying: "It's very, very good that says we want a agreement, we want it soon because that could be the right statement and would love to be a driving force behind this."

European Commission President Jean-Claude Juncker told Bild am Sonntag newspaper he was pleased that he would be meeting Abe on Tuesday and said the bloc wanted to conclude a deal with this year.

(Reporting by Television and Andreas Rinke; Writing by Michelle Martin; Editing by Tom Heneghan)

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

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Business Standard
177 22

Germany's Merkel and Japan's Abe urge free trade with jabs at U.S.

HANOVER, (Reuters) - German Chancellor Angela and Japan's Prime Minister Shinzo Abe spoke up for at a major technology fair on Sunday with jabs clearly pointed at an increasingly protectionist United States.

Both called for a deal to be reached quickly between and the European Union, in comments made after G20 finance ministers and central bankers dropped a long-standing mention of open trade in their final communique after a two-day meeting in

Neither leader named the U.S. government as they opened the technology fair in Hanover, but both used the opportunity to distance themselves from protectionist tendencies coming from the Trump administration.

"In times when we have to argue with many about free trade, open borders and democratic values, it's a good sign that and no longer argue about this but rather are seeking to shape the future in a way that benefits people," said.

As G20 president, feels especially committed to these principles, she added.

After meeting President Donald Trump in Washington on Friday for the first time, said she hoped the United States and the European Union could resume discussions on a trade agreement. Trump said he did not believe in isolationism but that trade policy should be fairer.

stressed that was strongly in favour of and open markets.

"We certainly don't want any barriers but at a time of an 'Internet of things' we want to link our societies with one another and let them deal fairly with one another, and that is what is all about," she said.

Speaking at the same event, Abe said: "Japan, having gone through reaping in abundance the benefits of and investment, wants to be the champion upholding open systems alongside "

He added: "Of course to do so it will be necessary to have rules that are fair and can stand up to democratic appraisal."

He also said the European Union and should soon reach an economic deal. welcomed his comments, saying: "It's very, very good that says we want a agreement, we want it soon because that could be the right statement and would love to be a driving force behind this."

European Commission President Jean-Claude Juncker told Bild am Sonntag newspaper he was pleased that he would be meeting Abe on Tuesday and said the bloc wanted to conclude a deal with this year.

(Reporting by Television and Andreas Rinke; Writing by Michelle Martin; Editing by Tom Heneghan)

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

image
Business Standard
177 22