US Treasury Sec. Mnuchin discusses Iran, N. Korea with G7 officials

WASHINGTON, US Treasury Secretary Steven Mnuchin met with German Vice Chancellor and Finance Minister Olaf Scholz and British Chancellor of the Exchequer Philip Hammond to discuss Iran and North Korea, the Treasury Department confirmed late Thursday.

During the Group of Seven (G-7) Ministerial meeting in Whistler, Canada, Mnuchin met individually with Scholz and Hammond to discuss “ongoing issues in the Indo-Pacific region, including those pertaining to Iran and North Korea,” the Treasury Department said in a statement.

In his talks with Scholz, Mnuchin discussed issues involving the European community and bilateral economic relations with Germany.

With Hammond, Mnuchin went over recent developments in Brexit negotiations and reaffirmed the longstanding special relationship between with Britain.

Furthermore, Steven Mnuchin met with Canadian Minister of Finance Bill Morneau, as the two discussed the North Atlantic Free Trade Agreement (NAFTA) and the importance of a reciprocal trade relationship between the US and Canada.

The meeting follows US President Donald Trump administration’s announcement Thursday that it was imposing steel and aluminum sanctions on Canada and two other major trade allies. Canada immediately announced plans to retaliate with their own tariffs against American products.

The three-day G-7 meetings are taking place at the Canadian ski resort of Whistler.

Mnuchin also met with Japanese Deputy Prime Minister and Finance Minister Taro Aso, where the Indo-Pacific and bilateral economic issues were discussed, as well as developments related to North Korea and Iran, according to the Treasury Department.

Source: Kuwait News Agency