G-20 enters final day with work to do on bridging divisions

Saudi prince in Argentina as G20 summit tensions brew

The only other prime minister to visit the country was Tony Blair, who went to Puerto Iguazu in 2001. Argentina still claims the islands, which it calls the Malvinas.

French President Emmanuel Macron said he told the prince in a separate meeting that Europeans will insist on worldwide experts being part of the investigation into Khashoggi's killing, Reuters reported. Macron said Saturday that in the exchange, he also pushed bin Salman to help find a political solution to the Saudi-backed war in Yemen, and to help stabilize world oil prices.

Hailing the new achievements in bilateral cooperation in various fields this year, Xi said China and Russian Federation will hold grand and colorful activities to celebrate the 70th anniversary of their diplomatic relations next year and strive for more visible results in bilateral practical cooperation.

World leaders have condemned the incident, with Canada, France and Germany imposing sanctions on Saudi Arabia and UK Prime Minister Theresa May vowing to question the Crown Prince about it at the G20.

In addition, Xi said that richer countries should "pay more attention" to possible impacts on emerging markets and developing countries in their domestic fiscal and monetary policies.

Lagarde said that tariffs already in place or announced would reduce global economic growth by 0.75 percentage points by 2020.

She issued the statement at the end of the Group of 20 summit in Buenos Aires.

The United States has been blocking progress at the Group of 20 summit on fixing world trade rules, fighting climate change and tackling migration, according to European officials involved in the discussions.

The bilateral meeting, however, tackled infrastructure and energy initiatives following an agreement between the U.S. Overseas Private Investment Corporation and the Argentine government on Wednesday, pledging to allocate as much as $800 million to explore oil and natural gas in the Vaca Muerta field, located in the northwestern province of Neuquén, El Clarín reported.

The statement acknowledges flaws in the world trading system and calls for reforming the World Trade Organization. It represents part of a broader push by Trump to separate the USA from agreements and obligations that he believes do not serve national interests.

"It's a consensus that meets numerous U.S.'s biggest objectives", said the official.

"However, it should be feasible for some kind of agreement to be reached to prevent the dispute worsening if both sides are reasonable", it said.

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A copy was obtained by The Associated Press.

President Donald Trump puts down the translation device during his welcome by Argentina's President Mauricio Macri, right, at Casa Rosada presidential house in Buenos Aires, Argentina, Nov. 30, 2018, on the sidelines of the G20 Leaders' Summit.

"In terms of economic effects, Chinese export growth will likely weaken in coming months on payback from recent "front-loading", and - unless a deal is reached - over time by some US substitution to non-Chinese suppliers", Goldman Sachs wrote in a note.

The officials said the U.S. was also blocking any mention of migration in the final statement.

Russian President Vladimir Putin, who arrived in Buenos Aires on Friday morning, is among the leaders involved.

But the two will not sit down together after Trump abruptly cancelled a planned meeting, citing Russia's recent seizure of Ukrainian ships and sailors.

Nearly an hour after the gathering, White House press secretary Sarah Huckabee Sanders said, "Today, before the start of the G20 summit, President Trump met during breakfast ... the two leaders reiterated their shared commitment to face regional challenges such as Venezuela and China's predatory economic activity".

Such a statement would endorse the Paris Agreement on climate change, repeating one issued at last year's G20 in defiance of Trump, who has yanked the United States out of the pact despite increasingly urgent warnings from scientists in advance of a UN climate meeting starting in Poland next week.

Earlier this month, officials from countries attending a major Asia-Pacific summit failed to agree on a joint statement for the first time as the USA delegation, led by Vice President Mike Pence, clashed with China over trade and security.

Two European officials involved in the discussions said the United States is hampering progress on both matters.

Russia's President Vladimir Putin and Saudi Arabia's Crown Prince Mohammed bin Salman greet each other at the G20 Leaders' Summit in Buenos Aires.

The annual summit of leaders of the top 20 economies of the world is being attended by Prime Minister Narendra Modi.