Daily Management Review

USA, UK to create a working group on economics


During talks at the G7 Summit in Biarritz, British Prime Minister Boris Johnson and US President Donald Trump made serious progress in economic relations.

BackBoris2012 via flickr
BackBoris2012 via flickr
In particular, the parties agreed to create a Special Relationship Economic Working Group (SREWG), which will develop market-oriented principles to stimulate economic growth.

The leaders emphasized the importance of sustainable global economic growth through free, fair and mutually beneficial trade.

The group will be led by economic adviser to US President Larry Kudlow and chief adviser to British Prime Minister Mark Sedwill.

Other topics of the talks included relations between the United States and China, in particular, the situation around Huawei, as well as the aggravation in the Iranian region, protests in Hong Kong and instability in Libya.

source: reuters.com