G-20 Finance Ministers have reached a compromise deal to correct global economic imbalances and expressed concern over excessive commodity price volatility impacting the world food security, placed by India. After two days of hard bargain by their finance ministers, major economies reached a text in the face of tough resistance from China to agree on guidelines for removal of structural flaws in the global economy. French Economy Minister Christine Lagarde said, it was not been simple because there were divergent interests but a compromise has been reached on a text. However, the document did not talk about an issue of much interest to India. New Delhi wanted that G20 should urge all jurisdictions to conclude Tax Information Exchange Agreements so that menace of black money in tax havens can be tackled. Faced with a double digit food inflation, India also pressed for a coordinated approach to tackle food, commodity and oil price volatility, which make emerging economies vulnerable. The issue was raised by Finance Minister Pranab Mukherjee .