World G20 Preparatory meetings concluded with uncertainty about the Brexit – Telam

“The result of the referendum (British) adds uncertainty to the global economy,” said the final declaration, signed by the heads of the major world economies, including that of Argentina, as closure of a series of preparatory meetings ahead presidential G20 summit in September in China, the country holding the Presidency pro tempore this year.

in the same text, the 20 delegations concluded that they are “well positioned” to address the consequences of the exit UK EU and called for London remains “a close partner of the European bloc, according reproduced news agency EFE.

that same conciliatory position transmitted Commissioner for Economy and Finance of the EU Pierre Moscovici, who in a press conference after the closing of the ministerial meetings this weekend spoke of London as a future “strategic partner” of Brussels.

“the UK no longer be a EU member but will always be a European country, and one of the important, both economically and politically, “said the Frenchman, who asked for a meeting with his British counterpart, Philip Hammond, the output process starts now and is fast .

“the sooner the better, because this produces uncertainty can also affect the same British economy”, transmitted Moscovici Hammond, at the first meeting of the two since the English took office in the new conservative cabinet of Prime Minister, Theresa May.

the discussion about Brexit and its possible consequences dominated the G20 meeting in Chengdu last ministerial level this year before the summit of heads of state and government in the Chinese city of Hangzhou in September, and even he ended up overshadowing other issues that seemed they would be on the table, such as the recent coup in Turkey, a member of the select group of countries that make up this international forum .

“there was a brief statement of the Turkish representative and I had a bilateral meeting with him, but there was a general discussion and no mention was made of it in the final declaration,” he said later Moscovici, before the asked why the final text did not include an outright condemnation of the military uprising of 10 days, as requested by Ankara.

in the final declaration, read by the host, the Chinese Finance Minister Lou Jiwei, is they highlighted as negative factors for the international order the Brexit, and “geopolitical conflicts, terrorism and refugee flows, complicating the global economic environment”.

Other factors of instability in the global scenario mentioned were the strong fluctuation of international prices of raw materials and low inflation in some countries, all of them elements that leave a “weaker than desirable” world economy, according to the final text of the last ministerial meeting of the G20 this year.