Danish FinMin calls G20 meeting ‘disappointing’

Economy | Politics 3/21/2017, 9:47 AM
Danish FinMin calls G20 meeting ‘disappointing’

Finance Minister of Denmark Kristian Jensen said last week’s G20 meeting was “unfortunately, disappointing,” since “a promise” that was made in the past was taken away from the group’s pledge as a result of the more America-centered trade policy in Washington.

Speaking as he arrived for a meeting of economic and finance ministers of the European Union, Jensen, who is a member of the liberal party Venstre, said the EU needs to fight for free trade since all of its successes were brought about by trading around the world.

Jensen added it was important to create trade deals “that last for many years,” and expressed hope that the EU and Japan will reach such a deal by the summer. Later in the day, EU officials are meeting Japanese Prime Minister Shinzo Abe.

Commenting on Brexit, Jensen said the United Kingdom “lacks realism in its approach to life,” after it leaves the EU.

TeleTrader Newsroom / VP