Page 53 - NIS English 16-30 June,2023

G-20 Nation

The second meeting of the Trade and Investment

Working Group held in Bengaluru

he second meeting of the Trade and Investment towards transparent, inclusive, and development-
TWorking Group was held in Bengaluru from 23 to oriented reforms that protect the interests of all
25 May in which 75 delegates attended. The meeting members, especially developing and least-developed
specifically discussed reform of the World Trade countries. The benefits of paperless systems were
Organisation, which is the 5th priority issue under India's discussed in the meeting, with many countries
G-20 chairmanship. The findings of the first meeting of also supporting the formulation of a principle to
the group held in Mumbai were also discussed. Five accelerate the transition towards paperless trade.
technical sessions were held including High-Level Representatives of many countries supported India
Principles for the Digitization of Business Documents, in creating a meta-information portal for MSMEs.
an Action Plan for Creating Meta Information Portal India shared the view that it will clearly demarcate
for MSMEs, a Framework for Mapping GVCs, Mutual the value addition proposed by the G-20 members.
Recognition Agreements, and a Compendium of Best Furthermore, a broad consensus emerged that the
Practices on G-20 Regulators Involved. G-20 offers a remarkable opportunity to accelerate the
India chairing the G-20 recognizes the important integration of MSMEs into global trade by addressing
role of the World Trade Organization in promoting the information asymmetry faced by them. The third
economic growth and sustainable development. The meeting of this group will be held from 10 to 12 July in
objective of the meeting is to work collaboratively Kevadia, Gujarat.

3rd Meeting of Agriculture Representatives and Agriculture Ministers, June
15-17, Hyderabad.
Third meeting of the Sustainable Finance Working Group, 19-21 June,
Mahabalipuram.
3rd Meeting of the Joint Health Finance Task Force, June 22, Virtual.

Meetings to 3rd Meeting for the Global Partnership in Financial Inclusion, 24-26 June, Bali.
Fourth Meeting of the Tourism Working Group, 19-20 June, Goa.
be held in the
Tourism Ministers' Meeting, 21-22 June, Goa.
second fortnight
The fourth meeting of the Education Working Group, June 20-21, Pune.
of June
G20 Education Ministers Meeting, June 22, Pune
3rd Meeting of the Infrastructure Working Group, June 26-28, Rishikesh.

New India Samachar June 16-30, 2023 51