2nd G-20 Virtual Trade and Investment Ministers Meeting

Union Minister of Commerce and Industry Minister has participated in the second G-20 Virtual Trade and Investment Ministers Meeting which focused on immediate and concrete actions that can ease the distress being faced by people all over the world due to the COVID-19 pandemic.

The second G20 Ministers Virtual Meeting was held under the Saudi Presidency.

The Ministers agreed to provide diagnostic and protective equipment and health care professionals across borders where they are most needed.

India suggested the G-20 nations to ensure access to essential medicines, treatments, and vaccines at affordable prices.

India has proactively partnered in global efforts to develop vaccines and effective treatment for this disease.

The meeting also stressed the urgent need to build the digital skills and capacities of developing countries and LDCs.

Discussion on the need to make binding rules on digital trade and e-commerce, which will freeze the extremely non-level playing field against their interests, and deprive them of the opportunity to benefit from the immense potential in these areas was held.

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