The Outcome Document and Chair Summary that was issued at the end of the two-day meeting was agreed to by all the participants. However, differing views and assessments of the Russia-Ukraine situation prevented the issuance of a joint communique.
"We are working towards understanding where the problems in global value chains (GVCs) are and what needs to be done," commerce and industry minister Piyush Goyal said at a media briefing.
The G20 members endorsed the voluntary and non-binding 'G-20 Generic Framework for Mapping GVCS'. The framework should be based on collecting timely high-quality sector-level data and voluntarily provided firm-level data, the outcome document said.
This story is from the August 26, 2023 edition of Financial Express Mumbai.
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This story is from the August 26, 2023 edition of Financial Express Mumbai.
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