The Minister of State for Commerce and Industry Anupriya Patel has said that the outcomes emerging from the G-20 discussions and decisions will help to facilitate the country’s trade positively.
In a written reply in the Lok Sabha today, she said the discussions at G-20 are likely to have a positive impact on the multilateral trading system, thereby strengthening rule-based international trade, which affects all sectors of the economy.
She said during India’s G-20 Presidency, contemporary trade and investment-related issues like resilient global value chains, integrating MSMEs in global trade, and efficient logistics for trade are being taken up. She observed that G-20 countries account for around 85 per cent of global GDP and over 75 per cent of global trade.
