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G20 Trade Leaders Commit to WTO-Consistent Measures in Response to COVID-19

On March 30, 2020, the G20 ministers issued a statement on COVID-19.  In the statement, the ministers stated that “as [they] fight the pandemic both individually and collectively, and seek to mitigate its impacts on international trade and investment, [they] will continue to work together to deliver a free, fair, nondiscriminatory, transparent, predictable and stable trade and investment environment, and to keep markets open."

Representatives from the World Health Organization, the WTO and the Organization for Economic Cooperation and Development reportedly participated in Monday’s discussion. The G20 trade ministers called on international organizations to “provide an in-depth analysis of the impact of COVID-19 on world trade, investment and global value chains."

https://g20.org/en/media/Documents/G20_Extraordinary%20G20%20Leaders%E2%80%99%20Summit_Statement_EN%20(3).pdf

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