News analysis

Will Bali meeting succeed in keeping multilateralism afloat?

Police officers patrolling outside the venue of the International Monetary Fund-World Bank annual meetings in Nusa Dua, Bali, yesterday. While evidence of the impact of a trade war on economic momentum is, as yet, hard to detect, trade frictions rema
Police officers patrolling outside the venue of the International Monetary Fund-World Bank annual meetings in Nusa Dua, Bali, yesterday. While evidence of the impact of a trade war on economic momentum is, as yet, hard to detect, trade frictions remain the biggest preoccupation of the participants in Bali.PHOTO: BLOOMBERG

The Group of 20 (G-20) finance ministers and central bank governors are meeting in Bali today to discuss the challenges facing the global economy and the current threat of trade wars.

"My message to my fellow G-20 finance ministers will be that free trade equals more jobs, free trade equals more investment and free trade means higher economic growth," said Australian Treasurer Josh Frydenberg, who met his Japanese counterparts to coordinate positions on the eve of the meeting.

Please or to continue reading the full article.

Get unlimited access to all stories at $0.99/month

  • Latest headlines and exclusive stories
  • In-depth analyses and award-winning multimedia content
  • Get access to all with our no-contract promotional package at only $0.99/month for the first 3 months*

*Terms and conditions apply.

A version of this article appeared in the print edition of The Straits Times on October 11, 2018, with the headline 'Will meet succeed in keeping multilateralism afloat?'. Subscribe