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Japan FM Aso warned protectionism and unfair trade practices lead to instability and perverse economic outcomes

Japan Finance Minister Taro Aso urged G20 members to renew their commitment against protectionism. He noted in openings of G20 deputy financial leaders meeting that “dissatisfaction with economic inequality is growing. There is a serious risk that we will revert to a closed and fragmented world.”

And he warned that “Protectionism and unfair trade practices lead to instability and perverse economic outcomes. We must renew our commitment to international cooperation and openness.”

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