Asian financial ministers ask for solidarity amid the discussions
Minister of Finance and Governors in the Central Bank in Asia countries improved on local Solidarity, which renewed their dedication to the support of free and fair trade in the light of the growing protectionist policy, which according to them is negative for the world economy. “We are asking for the strengthening of unity and regional cooperation while trying to overcome the increasing uncertainty,” officials from Japan, China, South Korea and the Society of Southeast Asian countries (ASEAN) said in a statement issued in Milan on Sunday, on the sidelines of the Asian meeting bank. They added: “In light of the increasing cases of uncertainty and structural transformations in the long run, we confirm our full commitment to pluralism, and with a multilateral commercial system based on rules, and non -discriminatory, free, fair, open, comprehensive and transparent, the world -focused organization will be its primary focus. Signs of the announcement of commercial transactions, and this meeting comes at a time caused by customs duties imposed by US President Donald Trump in World Markets, and negatively affects the international trade movement. While officials discuss ways to avoid ‘mutual fees’ or reduce their seriousness, US President Donald Trump indicated that a number of commercial agreements could be concluded this week. According to the statement, officials in the region seek to improve financial reserves and control monetary policy in accordance with local conditions, as well as to maintain the flexibility of exchange rates as a tool to counteract external shocks. They also expressed their support for the implementation of the ‘comprehensive regional economic partnership’ agreement, which constitutes a wide commercial framework for Asia and the Pacific countries.