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G-20 draft drops resistance to protectionism

Mar 7, 2017 - The Salt Lake Tribune

Finance chiefs of the Group of 20 economies plan to drop an explicit pledge to resist protectionism, while still promising open trade, a draft of their statement showed.

"We will maintain an open and fair international trading system," according to the preliminary communique seen by Bloomberg News and dated March 1. "We will also strive to reduce excessive global imbalances, promote greater inclusiveness and reduce inequality in our pursuit of economic growth."

The change in language

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