June 19, 2019 / 3:08 AM / a month ago

G20 summit to debate trade including WTO reform -Japan's Asakawa

TOKYO, June 19 (Reuters) - Substantial discussions on trade, including reform of the World Trade Organization, will likely take place at a summit of Group of 20 major economies next week in Osaka, a senior Japanese finance ministry official said on Wednesday.

Masatsugu Asakawa, vice finance minister for international affairs, also told a news conference that it is widely understood among G20 nations that Japan’s ultra-loose monetary policy is aimed at beating deflation, not at manipulating currency moves.

Asakawa oversaw the G20 finance leaders’ gathering in Fukuoka, southern Japan, earlier this month. Japan is chair of this year’s G20 meetings. The G20 leaders’ summit will be held June 28-29 in the western Japanese city of Osaka. (Reporting by Leika Kihara; Editing by Chris Gallagher)

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