HomeLatestUnion Minister Piyush Goyal to attend G7 Trade Ministers' assembly in Japan

Union Minister Piyush Goyal to attend G7 Trade Ministers’ assembly in Japan

New Delhi [India], October 26 (ANI): Union Minister of Commerce and Industry, Consumer Affairs, Food and Public Distribution, and Textiles, Piyush Goyal will attend the Group of Seven (G7) Trade Ministers’ Meeting in Osaka, Japan from October 28-29, the Ministry of Commerce and Industry mentioned.

On the fringes of the outreach programmes, the Minister may also maintain bilateral discussions with a choose group of G7 nations, invitee nations, and some worldwide our bodies, together with the WTO.

Each yr, the commerce ministers of the G7 member states collect to debate the worldwide commerce and funding issues that face the world at this time and to chart a path ahead for improved commerce and funding.

Under its Presidency this yr for the G7 Trade Ministers assembly to be held throughout October 28-29, Japan has invited India together with a only a few different invitee international locations (Australia, Chile, Indonesia, and Kenya) to take part within the outreach program to be held on October 28.

Apart from them, International organisations resembling WTO, ERIA and OECD have additionally been invited.

For this yr’s outreach programme, Japan has chosen two present matters: “Promote Trade and Sustainability-environment, Development and digital, including prospects for WTO MC13” and “How to enhance Supply Chain Resilience,” the official press launch of Ministry of Commerce and Industry learn.

The G7 is an intergovernmental political discussion board consisting of the United States, the United Kingdom, Japan, Italy, France, Canada and Germany.

Additionally, the European Union (EU) is a “non-enumerated member”. G7 conferences are organized round shared values of pluralism, liberal democracy, and consultant governments. G7 Members represent 10% of the world’s inhabitants however cater to round 40% of World GDP, the discharge added. (ANI)

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