By Maria Martinez, Olivia Kumwenda-Mtambo and Kopano Gumbi DURBAN (Reuters) -Finance chiefs from the Group of 20 countries stressed the importance of central bank independence while pledging to boost cooperation in a joint statement issued on Friday after a two-day meeting in South Africa.

The sticking points include wording on sustainable financing coming from the US delegation and a reference to global imbalances on China’s side, the finance minister said.

Finance chiefs from the Group of 20 countries stressed the importance of central bank independence in a communique issued on Friday following a two-day meeting in South Africa's coastal city of Durban.

At the G20 meeting in South Africa, finance chiefs emphasized central bank independence amid global economic uncertainty caused by trade tensions and extreme weather. The communique highlighted the need for cooperation and acknowledged the WTO's role in trade,

STORY: Finance chiefs from the Group of 20 countries stressed the importance of central bank independence in a communique issued on Friday after a two-day meeting in South Africa.It was an issue that hung heavily over the meeting following U.

The Norwegian finance minister said that despite their differences, the countries around the table had been able to agree on a communique ‘that sets out important principles’.

In a significant move, G20 finance ministers emphasise the need for central bank independence, countering US President Trump's ongoing criticisms of Federal Reserve leadership. This consensus marks a pivotal moment for global economic stability as the bloc navigates trade tensions.