International trade on the G20 agenda this week
The G20 Trade and Investment Ministerial Meeting will be held on Friday in Mar del Plata. The agenda includes global supply chains, the new industrial revolution and the international trade outlook.
With the aim of discussing actions to promote global economic growth, ministers and senior officials from G20 member and guest countries are meeting on Friday 14 September in the city of Mar del Plata, on the Argentine coast, for the G20 Trade and Investment Ministerial Meeting.
Chaired by Argentine Minister of Foreign Affairs, Jorge Faurie, and Argentine Minister of Production and Labour, Dante Sica, the meeting at the NH Gran Hotel Provincial will tackle ways to achieve a more inclusive trade system that contributes to fair and sustainable development.
Taking place immediately after the Second Meeting of the Trade and Investment Working Group (TIWG) on 12 and 13 September, the agenda includes working sessions on global supply chains and the agricultural sector, the new industrial revolution and economy 4.0. Both meetings will look into the interrelationship between trade and investment, with a special emphasis on the need to promote further integration of small and medium-sized companies into international trade, and the opportunities posed by the digital economy and new technologies, among other topics.
Participants will also discuss the international trade context and outlook. Collectively, G20 members represent 75% of international trade, half of foreign direct investment flows, half of foreign flows and 80% of global production.
At 5.30 pm (local time), once the closed-door sessions are over, Ministers Faurie and Sica will brief on the meeting’s highlights.