WASHINGTON: International Monetary Fund (IMF) managing director Kristalina Georgieva hailed the progress made in the latest round of China-US trade talks as “extremely good news, ” urging the world to grasp the opportunity to achieve “a trade peace”.“I was encouraged by last week’s announcements from the US and China, ” Georgieva said at the opening press conference of the IMF-World Bank Annual Meetings in Washington.
“Our meetings this week are an opportunity for all parties to make progress in moving from a trade truce to a trade peace.”