Four agendas were presented at this initial meeting as priorities for the year: trade and sustainable development; sustainability in investment agreements; strengthening the Multilateral Trading System; and the presence of women in international trade. “During the meeting, the interest of G20 countries in promoting global action to increase the participation of women in international trade was very clear,” explained Tatiana Prazeres. To the Secretary, the group must present guidelines for creating policies “that are useful to create a concrete change in the current panorama.”

The G20 meeting took place in a post-Covid-19 context, in which nations are reassessing their economic interdependence amid geopolitical tensions. Economic slowdown, persistent inflation and inequality add complexity to this panorama, while the climate crisis presents new uncertainties. Ambassador Pimentel stated that “among the proposals we discussed is reform of the World Trade Organization,” towards more efficient agreements and improvements to the global economic environment.

Read more at: https://www.g20.org/en/news/female-leadership-and-sustainability-brazil-leads-initiative-to-reconfigure-international-trade