BUENOS AIRES (Reuters) – G20 member states have still struggled to reach agreement on key issues such as trade, migration and climate change when world leaders arrived before a summit in Buenos Aires on Friday.
This is the summit of Group 20 in Buenos Aires, Argentina, November 29, 201
"This is not a good year for multilateralism. "Said a German government source about talks about a final communique that the leaders are to publish at the end of their meeting on Saturday. The negotiations are "very, very difficult," the official told Reuters.
The officer did not provide details on the issues, but global trade tensions fueled by the outbreak of a trade war against China by President Donald Trump may determine this year's gathering of the G20, a cumbersome industrial world club ,
Trump's skepticism about man-made global warming also raises questions about what the communiqué will say on this issue.
This year's G20 meeting in the Argentine capital is expected to be one of the most important summits since the leaders of the group met for the first time in 2008 to plan how the economic crisis around the world can be curbed.
The financial and commodity markets are watching attentively the outcome of the summit, in particular the planned meeting between Trump and Chinese President Xi Jinping on Saturday.
"After two and a half days of talks and very short nights, about two-thirds of the paragraphs were approved," said a G20 representative involved in the preparation of the communique.
"Now trade, climate, migrants, refugees, multilateralism and steel – which are really the sensitive issues – are inconsistent."
Argentina, this year's G20 president, has highlighted the importance of the summit as a consensus building forum , However, the divisions in the final communique have only made it clear how disrupted the grouping has become on important global issues.
"It's moving very slowly – so slowly that I think we need to stay in this room after midnight," said one Asian delegate who attended the closed door discussion, Reuters.
However, financial markets are less concerned about the ability of Heads of State and Government to present a united front and to worry about the outcome of major bilateral meetings. Wall Street rose on Thursday under the jitters over Trump's meeting with Xi.
Trump said he was open to a trade agreement with China on Thursday, but was not sure he wanted it.
"I think we are about to do something with China, but I do not know I want to do it," Trump told reporters.
Trump's hardline trade advisor, Peter Navarro, will attend the meeting between Trump and Xi, a source familiar with the situation, Reuters said.
China hopes for "positive results" in settling the trade dispute with the United States, said the Commerce Department on Thursday.
The United States has imposed additional tariffs of 10 to 25 percent on Chinese goods worth $ 250 billion this year to impose sanctions on what it calls China's unfair trading practices, with tariffs of 10 percent next year will rise to 25 percent. China has responded with its own tariffs.
NO PUTIN MEETING
A leader whom Trump will not see in a one-to-one interview is Russian President Vladimir Putin. Trump announced abruptly that he would cancel his planned bilateral talks, citing the Russian confiscation of Ukrainian ships shortly after he left Washington for Buenos Aires.
"Due to the fact that the ships and sailors were not returned from Russia to the Ukraine, I decided that it would be best for all parties to cancel my previously planned meeting with President Vladimir Putin in Argentina," he tweeted ,
About an hour earlier, he had told reporters that he was likely to meet with Putin at the summit and said it was "a very good time for the meeting." The White House said Trump had made the final decision to cancel the meeting aboard Air Force One.
This year's G20 Summit also deals with the presence of Crown Prince Mohammed bin Salman. The de facto ruler of Saudi Arabia arrived in Buenos Aires on Wednesday in a cloud of controversy over the assassination of Saudi journalist Jamal Khashoggi at a Saudi consulate in Istanbul in October.
Argentine President Mauricio Macri said the allegations against Salman could be discussed during the G20 summit. Saudi Arabia said that the prince had no knowledge of the murder.
Macri spoke at a joint press conference with French President Emmanuel Macron, who said the killing of Khashoggi was "very serious."
When the leaders arrived, the Argentine security forces began closing the central business district in Buenos Aires on Thursday. Streets and shops were noticeably emptier.
The government declared Friday a National Holiday and called on the capital's residents to leave the country to avoid a travel chaos caused by the vulnerability. On Friday, larger protests are due.
Reports by Andreas Rinke in Berlin, Jeff Mason, Roberta Rampton and Makini Brice in Washington, as well as Yawen Chen and Ryan Woo in Beijing and Cassandra Garrison in Buenos Aires; Letter from Ross Colvin; Editing by Frances Kerry