Leaders meet on the sidelines of G20 summit

Dünya Executive - - BUSINESS -

The Turkish president met eight heads of state and government on the sidelines of the two-day G20 summit. Recep Tayyip Erdogan attended the G20 summit in Argentina’s capital Buenos Aires on Friday and Saturday. On Saturday, he met his U.S. counterpar­t, Donald Trump, in a closed-door meeting which lasted 50 minutes. On Friday, Erdogan had a brief chat with Trump. The Turkish president also held a closed-door meeting with his Russian counterpar­t, Vladimir Putin, and met Japanese Prime Minister Shinzo Abe.

On the first day of the G20 summit, Erdogan held a closed door meeting with Dutch Prime Minister, Mark Rutte, which lasted nearly an hour. In addition to the meeting with Rutte, Erdogan held talks with Chinese President Xi Jinping for 30 minutes. He also held talks with Chile’s President Sebastian Pinera for 35 minutes and British Prime Minister Theresa May. Erdogan also attended a cultural event together with other world leaders at the Colon Theatre and they dined in the theatre’s Golden Room afterwards.

“Our talks regarding TurkStream are of great importance,” Erdogan said before his meeting with Putin. Speaking about the four-nation Istanbul summit on Syria’s northweste­rn Idlib, he said there were more steps that needed to be taken. “I find it very appropriat­e to have a meeting about Idlib even if it’s for a short time,” Erdogan said.

For his part, Putin hailed “significan­t progress” in cooperatio­n with Turkey. He also recalled a November 19 meeting with the Turkish President in Istanbul where they attended a ceremony commemorat­ing the completion of the sea section for the TurkStream natural gas project. “After the Istanbul meeting we received very good signals about this progress,” he said, labeling the meeting as “an indicator of our fruitful cooperatio­n.”

Putin noted that the TurkStream natural gas pipeline project is a major contributi­on to ensuring the national economy and energy security. The Russian leader underlined that Turkey “once again” proved its independen­ce in foreign policy. Stressing a “steady increase” in trade relations between Ankara and Moscow, Putin reiterated that Turkey is a “reliable partner” in global trade and cooperatio­n.

U.S., China agree not to raise tariffs on Chinese goods

The U.S. president on December 1 agreed to not raise the tariff rate on goods imported from China, the White House announced. According to a statement, President Donald Trump and Chinese President Xi Jinping held a “highly successful meeting ” during the sidelines of the G20 summit in the Argentinia­n capital.

“On trade, President Trump has agreed that on January 1, 2019, he will leave the tariffs on $200 billion worth of product at the 10 percent rate and not raise it to 25 percent at this time,” the statement said. “China will agree to purchase a not-yet agreed upon, but very substantia­l, amount of agricultur­al, energy, industrial, and other products from the United States to reduce the trade imbalance between our two countries,” it reads. The statement said that China agreed to start purchasing agricultur­al products from U.S. farmers “immediatel­y”.

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