Japan, China, South Korea finance leaders warn of rising trade protectionism

FAN Editor
Police officers are seen in front of a cargo ship with containers at a port in Qingdao
FILE PHOTO – Police officers are seen in front of a cargo ship with containers at a port in Qingdao, Shandong province, China April 6, 2018. REUTERS/Stringer

May 4, 2018

MANILA (Reuters) – Finance leaders of Japan, China and South Korea on Friday warned of the risks of protectionism and agreed to ensure open and rule-based multilateral trade.

The three countries said geopolitical uncertainty is a source of risk to the global economy, according to a statement issued after their meeting.

The three countries welcomed a declaration between the leaders of North Korea and South Korea to denuclearize the Korean peninsula in a statement after their meeting.

The trilateral meeting was held on the sidelines of the Asian Development Bank’s annual meeting in Manila.

(Reporting by Stanley White; Editing by Sam Holmes)

Free America Network Articles

Leave a Reply

Next Post

Ping An Healthcare opens up 4.6 percent in Hong Kong debut

Ping An Insurance Chairman and CEO Peter Ma (R) celebrates with Ping An Healthcare and Technology Co Ltd Chairman and CEO Wang Tao during the listing of Ping An Healthcare and Technology Co Ltd at the Hong Kong Exchanges in Hong Kong, China May 4, 2018. REUTERS/Bobby Yip May 4, […]