G20 Trade & Investment Ministerial Meeting to be held in Jaipur from Aug 25

The G20 Trade and Investment Ministerial Meeting will be held in Jaipur on 24th and 25th of this month. The meeting will be preceded by the 4th and last Trade and Investment Working Group meeting under India’s G20 Presidency which will take place on the 21st and 22nd of this month in Jaipur.

Both meetings will be attended by more than 300 delegates, including trade ministers and secretaries and heads of delegations from G20 member countries, invitee countries, regional groupings, and international organisations. 

The deliberations will focus on building consensus on global trade and investment-related issues, along with accomplishing action-oriented proposals put forward by the Indian Presidency. The first three Trade and Investment Working Group meetings were held in Mumbai,



Bangalore, and Kevadia.

During the 1st and 2nd Trade and Investment Working Group meetings, five Priority issues, namely Trade for Growth and Prosperity, Resilient Trade and Global Value Chains, Integrating Micro, Small and Medium Enterprises in World Trade, Logistics for Trade and World Trade Organisation Reforms were extensively discussed among the G20 member and invitee countries.

Commerce Ministry said, amidst the global headwinds that international trade growth is facing, it is opportune for the G20 to reaffirm that the rules-based multilateral trading system, with the WTO at its core, is indispensable for advancing India's shared objectives of inclusive growth, innovation, job creation and sustainable development.