Thursday 23 Apr 2020

 

Virtual Trade Meeting at G20 on COVID-19

​ On Wednesday, the G20 Trade and Investment Working Group held an extraordinary virtual meeting to discuss and identify the short-term and long-term measures that would help ease the impact of COVID-19 on trade, investment, and global supply chains. Based on the directive of the Ministers of Trade during the meeting of 30 March 2020, the Group discussed the priorities identified by the Ministers and suggested additional measures to fight the pandemic and ease its impact on trade and investment. Moreover, the meeting was focused on developing recommended measures to ensure the ongoing flow of vital medical equipment and supplies and vital agricultural products across borders. Moreover, attendees discussed long-term measures to support the multilateral trade system, build flexibility for global supply chains, and promote international investment to accelerate the economy's recovery from the pandemic.