G20 ministers agree on 3 key deliverables
Hindustan Times|August 26, 2023
Trade ministers of G20 countries on Friday agreed on three key action-oriented deliverables-mapping of global value chains to make them disruption proof, integrating micro, small and medium enterprises (MSMEs) with the global trade, and digitising trade documents for cost efficiency and time overrun.
Rajeev Jayaswal
G20 ministers agree on 3 key deliverables

Commerce minister Piyush Goyal, who chaired the two-day Trade and Investment Ministers' Meeting (TIMM) in Jaipur, told reporters that the three points were "the juice of this agreement" and the 17-page outcome document and chair's summary was "powerful, strong and action-oriented document" to boost trade and investments.

TIMM was, however, concluded without a joint statement because of differences among some members over references to the Russia-Ukraine conflict. "Barring one point (para 32), there has been a consensus among all members over all matters containing in the document," a commerce ministry official who asked not to be named said. The document has 35 paragraphs and three annexures. A joint statement signifies complete consensus on all matters.

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