'Trade tensions posing increased risk to global growth'

Published: July 22, 2018 19:38:35 | Updated: July 26, 2018 16:51:52

Finance ministers and central bankers from the world’s largest economies have said heightened trade and geopolitical tensions  are posing an increased risk to global growth.

They have called for greater dialogue, according to a draft communique from the G20 meeting of finance ministers and central bank governors in Buenos Aires in Argentina, reports Reuters.

The draft, which is still subject to possible revisions, also noted that emerging market economies are better prepared to adjust to external shocks but they still face challenges from market volatility and reversals of capital flows.

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