March 24, 2017 / 1:24 AM / 7 months ago

Japan Finance Minister - G20 shared need for free trade

TOKYO (Reuters) - The Group of 20 major economies, including the United States, agreed on the importance of free trade at a finance leaders’ gathering in Baden-Baden, Germany, last week, Japanese Finance Minister Taro Aso said on Friday.

U.S. Treasury Secretary Steve Mnuchin and Japan's Finance Minister Taro Aso meet for bilateral talks at the G20 Finance Ministers and Central Bank Governors Meeting in Baden-Baden, Germany, March 17, 2017. REUTERS/Kai Pfaffenbach

“It’s true some countries persisted on the wording (of the communique) such as ‘free’ and ‘fair’ trade,” Aso told parliament. “But no country favoured protectionism, or called for abandoning free trade.”

Aso also said an upcoming bilateral economic dialogue between the United States and Japan won’t debate currency policy, which will be overseen separately by the finance ministers of each country.

Reporting by Leika Kihara; Editing by Simon Cameron-Moore

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