EU's Moscovici says trade differences persist after G20 talks

 EUs Moscovici says trade differences persist after G20 talks

SAO PAULO (Reuters) - European Commissioner for Economic and Financial Affairs Pierre Moscovici said on Sunday that differences of position on trade tensions remained after talks among G20 finance ministers in Argentina but the meeting was not tense.

Moscovici said that global trade tensions were high and threatened to escalate further, placing the multilateral system under significant pressure. He said, however, that the economic impact had been limited so far.

"The meeting has not been tense and we were in mutual listening mode and I hope that this is the beginning of something," Moscovici said. "But still the positions are not similar."

(Reporting by Daniel Flynn; Editing by Luc Cohen)

This story has not been edited by Firstpost staff and is generated by auto-feed.

The Great Diwali Discount!
Unlock 75% more savings this festive season. Get Moneycontrol Pro for a year for Rs 289 only.
Coupon code: DIWALI. Offer valid till 10th November, 2019 .

Updated Date: Jul 23, 2018 00:05:06 IST