associate sponsors

Havells
HDFC

G20 summit: World leaders arrive at compromise on trade, remain at odds on climate change

Hamburg: G20 leaders including United States president Donald Trump have reached a compromise on the wording of a final summit statement on trade but remain at odds on climate change, according to an European Union source on Saturday.

On trade they will commit to fighting protectionism but will also allow "legitimate" measures to protect their markets, the source said on the final day of the talks in Germany.

The outcome represents a compromise with Trump who wants to do more to protect domestic companies from foreign competition through his "America First" policy.

However on climate change negotiators remain at loggerheads following Trump's decision to withdraw the United States from the 2015 Paris Climate Accord, the source said.

The sticking point in the communique is about fossil fuels — blamed for global warming — with the United States side wanting to be able to continue to export and promote their use.

"The idea now is to find a good balance of language — it will be discussed this morning," the source said on condition of anonymity.


Updated Date: Jul 08, 2017 14:26 PM

Also Watch

Social Media Star: Abhishek Bachchan, Varun Grover reveal how they handle selfies, trolls and broccoli
  • Monday, July 16, 2018 It's a Wrap: Soorma star Diljit Dosanjh and Hockey legend Sandeep Singh in conversation with Parul Sharma
  • Monday, July 16, 2018 Watch: Dalit man in Uttar Pradesh defies decades of prejudice by taking out baraat in Thakur-dominated Nizampur village
  • Monday, July 16, 2018 India's water crisis: After govt apathy, Odisha farmer carves out 3-km canal from hills to tackle scarcity in village
  • Sunday, July 15, 2018 Maurizio Sarri, named as new Chelsea manager, is owner Roman Abramovich's latest gamble in quest for 'perfect football'

Also See