Regaining confidence in multinational trading system an urgent task for G20
Growth must be more equitable as the global economy will never develop in a sustainable way if we fail to deal with disparities.
Japan will host the Group of Twenty (G20) summit in Osaka on June 28 and 29. This premier forum for international economic co-operation brings together many developed countries, and emerging countries with a growing presence in the international economy. The G20 countries currently embrace more than 80% of the global economy and more than 60% of the world population. Therefore, G20 members have to assume special responsibility for the global economy.
SA, as the only member in the G20 from the African continent, is expected to play a decisive role to co-ordinate development efforts and economic policies of African countries and the G20. The foundation for African economies is inextricably connected to the Osaka G20’s priority agendas, namely sustainable growth, global challenges and digital innovation...