Saturday, June 14, 2025
9:02 AM
Doha,Qatar
G20

G20 warns against slide into protectionism

The world’s leading economies spoke out against a return to protectionism and defended the unfashionable concepts of free trade and globalisation yesterday, warning the listless global economy needs an urgent reboot.
 The G20 summit took place in China as rising populist sentiment puts them under pressure to sidestep difficult commitments, and with a stumbling push for a Syria ceasefire and Asia’s territorial disputes intruding on the agenda.
 “We have agreed... to support the multilateral trade system and oppose protectionism,” said China’s President Xi Jinping after hosting the gathering in the scenic eastern city of Hangzhou.
 “G20 leaders all agreed that the risks and challenges facing the world economy make it crucial to maintain a peaceful and stable international environment.”
 At the end of the tightly choreographed talks, held in an imposing hall in a largely deserted city, Xi produced resolutions on combating industrial overcapacity and boosting international cooperation on corporate taxation.
 Leaders also turned to the global refugee and migrant crisis, the White House said, calling for “global efforts in addressing the root causes and effects”, including providing support for refugees and their host countries.
 EU President Donald Tusk said in Hangzhou at the weekend that Europe was “close to limits” on its ability to accept more refugees and urged the broader international community not to shirk its responsibilities.
 Syria, the source of many of those migrants, was one of the geopolitical issues that swirled around the gathering.
 The US and Russia tried and failed to strike a deal on stemming the violence in the disastrous five-year conflict, even as a string of bomb attacks hit across the country, underlining the urgency of the task.

Comments
  • There are no comments.

Add Comments

B1Details

Latest News

SPORT

Canada's youngsters set stage for new era

Saying goodbye is never easy, especially when you are saying farewell to those that have left a positive impression. That was the case earlier this month when Canada hosted Mexico in a friendly at BC Place stadium in Vancouver.

1:43 PM February 26 2017
TECHNOLOGY

A payment plan for universal education

Some 60mn primary-school-age children have no access to formal education

11:46 AM December 14 2016
CULTURE

10-man Lekhwiya leave it late to draw Rayyan 2-2

Lekhwiya’s El Arabi scores the equaliser after Tresor is sent off; Tabata, al-Harazi score for QSL champions

7:10 AM November 26 2016
ARABIA

Yemeni minister hopes 48-hour truce will be maintained

The Yemeni Minister of Tourism, Dr Mohamed Abdul Majid Qubati, yesterday expressed hope that the 48-hour ceasefire in Yemen declared by the Command of Coalition Forces on Saturday will be maintained in order to lift the siege imposed on Taz City and ease the entry of humanitarian aid to the besieged

10:30 AM November 27 2016
ARABIA

QM initiative aims to educate society on arts and heritage

Some 200 teachers from schools across the country attended Qatar Museum’s (QM) first ever Teachers Council at the Museum of Islamic Art (MIA) yesterday.

10:55 PM November 27 2016
ARABIA

Qatar, Indonesia to boost judicial ties

The Supreme Judiciary Council (SJC) of Qatar and the Indonesian Supreme Court (SCI) have signed a Memorandum of Understanding (MoU) on judicial co-operation, it was announced yesterday.

10:30 AM November 28 2016
ECONOMY

Sri Lanka eyes Qatar LNG to fuel power plants in ‘clean energy shift’

Sri Lanka is keen on importing liquefied natural gas (LNG) from Qatar as part of government policy to shift to clean energy, Minister of City Planning and Water Supply Rauff Hakeem has said.

10:25 AM November 12 2016
B2Details
C7Details