The leaders of China, India and Russia will meet on the sidelines of the G20 summit later this week in Japan to discuss ways to counter the US President, Mr. Donald Trump’s “protectionist” trade policy and bullying practices.
Ahead of the Chinese President, Mr. Xi Jinping’s visit to Osaka to attend the summit on June 28-29, the Chinese Assistant Foreign Minister, Mr. Zhang Jun, on Monday said the leader would have a sit-down with the Prime Minister, Mr. Narendra Modi. and the Russian President, Mr. Vladimir Putin, on the sidelines of the meet.
Mr. Zhang said the trilateral meet, which first occurred at the G20 summit in Buenos Aires last year, is of great significance and would have a positive outcome this time. 'Indeed, during the Osaka summit, the three leaders will have a trilateral meeting. The mechanism of China, India, Russia trilateral meeting has maintained a sound momentum of development,' Mr. Zhang said.
'Under the current circumstances, it’s important for the three countries to strengthen coordination of major global issues and jointly uphold multilateralism, oppose protectionism and deepen cooperation on multilateral and international affairs to make an important contribution to the global peace. 'China will work with others to firmly uphold multilateralism. The international community has fully recognised the repercussions of unilateralism, protectionism and bullying practices,' he added.
Although Mr. Xi’s much-anticipated meet with Mr. Trump to end the trade war will be the major highlight of the summit, the trilateral meet will also draw attention. Mr.Modi will also have a one-on-one with Mr. Xi and Mr. Putin separately.
After waging a bruising trade war on China, Mr. Trump seems to have turned to India. Earlier this month, Washington ended the preferential trade treatment to Indian goods that allowed their duty-free entry into the US. India hit back by imposing tariffs on US products which it had held off for long.
Without naming the US, the Chineses Vice Minister of Commerce, M. Wang Shouwen, who was also briefing the media, said that 'some individual country has been insisting on unilateralism, protectionism and abusing trade remedial measures (and) national security exceptionalism.' 'That country has slapped tariffs on its trading partners, causing a major threat to global trade, investment and economic growth,' Mr. Wang added.