G20 summit: PM Modi meets Chinese Prez Xi, discusses bilateral ties
- Author: Darren Santiago Dec 02, 2018,
Dec 02, 2018, 1:59
The two countries are also at odds militarily over China's extensive claims in the South China Sea and US warship movements through the highly sensitive Taiwan Strait. The only reminder of these events in Argentina so far is the message of support from Hamburg "Block G20" activists on a banner next to the parliament building in Buenos Aires. Argentina still claims the islands, which it calls the Malvinas. May said she told the crown prince about "the importance of a full, credible, transparent investigation that identifies those who are involved and that ensures that those involved are held to account".
Macron confronted the crown prince at a Group of 20 summit in Argentina.
Bin Salman told Macron not to worry, but Macron countered, "I am anxious". Evoking the history of the summit, he said "we should stay committed to openness and cooperation and uphold the multilateral trading system". Macron expressed hope that bin Salman would respond soon.
Saudi Arabia has denied that bin Salman played a role, but USA intelligence agencies concluded he ordered the killing.
Macron said he would raise the killing of journalist Jamal Khashoggi with the crown prince on the sidelines of the summit.
An economic crisis has led to a deeply unpopular bailout from the International Monetary Fund.
If talks fail to bring about a way for the two sides to negotiate, "markets will react negatively", he said.
Lagarde said that tariffs already in place or announced would reduce global economic growth by 0.75 percentage points by 2020.
Xi has in turn cast himself as a defender of stable global capitalism, a startling transformation for the leader of a communist state whose entry into the World Trade Organization less than two decades ago was controversial.
While Trump canceled his meeting with Putin, the USA president was still scheduled to meet with China's Xi, but analysts were not optimistic about prospects for a major breakthrough on their countries' trade disputes a month before US tariffs on Chinese goods are set to ramp up.
Moon's top press secretary, Yoon Young-chan, was quoted by the South's Yonhap news agency saying that Trump "asked that South Korea and the US closely cooperate so the next summit will be another historical milestone in the process of denuclearizing the Korean Peninsula".
Asked about the European concerns, a U.S. official said progress was being made on the joint statement and the White House was "optimistic" about the document as a whole.
What's more likely, analysts say, is that they reach a truce, buying time for more substantive talks.
A copy was obtained by The Associated Press.
Meeting world leaders at the G20 summit was a test for Mohammed bin Salman to see who would snub him.
NASA spacecraft lands on red planet after six-month journey
Radio signals confirming the landing took more than eight minutes to cross the almost 100 million miles between Mars and Earth. The United Launch Alliance (ULA) Atlas-V rocket carried NASA's InSight spacecraft , bound for Mars, when it launched in May.
US President Donald Trump has been given a personal explanation of events that led to him meeting Scott Morrison as Australia's Prime Minister - not the man he has been used to meeting at the White House, in NY and at world summits for the last two years.
"The first and in our view most likely is continuing on the current path of "escalation" - tariff rates rise to 25 percent on all imports now under tariff, and tariffs are extended to remaining Chinese imports", Goldman said in a note outlining three basic scenarios it sees for the meeting's outcome.
The two-day summit beginning today is supposed to focus on development, infrastructure and food security, but those seemed largely an afterthought amid soured US-European relations and as the United States, Mexico and Canada hammered out the final language of a replacement for the North American Free Trade Agreement expected to be signed today.
Trump's determination to plow on with his "America First" agenda stands in contrast to the alliance-building presidency of George Bush, whose death Friday triggered a rare show of unity from G20 leaders.
At a summit function earlier in the day the Prime Minister had also shared a private chat with Mr Trump's negotiating partner, Mr Xi.
An expected high-profile bilateral meeting between Trump and Russia's Vladimir Putin planned for tomorrow was abruptly cancelled by Trump, who made the announcement in a tweet citing Russia's seizure of Ukrainian vessels over the weekend.
European Union president Donald Tusk was more focused on the Ukraine crisis, saying at the G20 that he was "sure" the bloc would roll over its sanctions on Russian Federation next month.
Germany and France have sought to mediate between Russian Federation and Ukraine, and spokesman Steffen Seibert said Merkel and Putin agreed that the four countries should hold further talks at the "adviser level".
European diplomats say all-night talks at the Group of 20 summit have resulted in a possible "breakthrough" on fixing the global trading system.
Xi and other leaders from the so-called BRICS group of leading emerging economies - Brazil, Russia, India, China and South Africa - issued a statement calling for a continued commitment to open worldwide trade and support of a multilateral trading system via a strengthening of the World Trade Organization (WTO).
"This is the reason we have come together for BRICS" he said.
One EU official told reporters that the G20 summit's final statement is likely to reflect 19 members supporting the Paris climate accord with the U.S. stating its opposition to it.
Trump said they would also discuss the opioid crisis.
The summit itself has been struggling to carve out any accord on climate change or countering trade protectionism, while hot-button disputes surrounding Ukraine and Saudi Arabia loom large.
President Donald Trump said he sees "some good signs" ahead of his highly anticipated dinner Saturday with China's Xi Jinping as the two nations seek to avert an escalating trade war.