G20 reaches deal on imbalance indicators

French G20 leadership on commodity prices

The world's leading economies agreed on a compromise after "frank, sometimes tense" negotiations, French Finance Minister Christine Lagarde said.

The deal was agreed after softening criteria on current account surpluses to get China on board, reports suggest.

"The negotiations were frank, sometimes tense, and led to a final compromise which cannot attribute to any one delegation but which I can say represents a spirit of compromise and of ambition," Ms Lagarde told a news conference.

French G20, euobserver, Home - G20, Dawncom