US to host G20 finance talks with growth, Iran pressure on agenda

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Finance leaders from the Group of 20 major economies open talks today at a US-hosted gathering, as the Trump administration seeks consensus on lifting global growth while ramping up economic pressure on Iran, AFP reports.

The gathering of G20 finance ministers and central bank governors takes place today and tomorrow in the Blue Ridge Mountains city of Asheville, North Carolina.

But looming over the meetings are fallout from the US-Israeli war on Iran, a tightening of US trade barriers and questions on whether the group can still work together to address key economic challenges.

Besides promoting economic growth, US priorities this year include dealing with “global imbalances” and sovereign debt challenges, a senior US Treasury official told reporters ahead of talks.

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