G20 nations agrees to boost small business

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G20 nations agreed to a ‘Jaipur Call for Action’ to boost information flow to small businesses to increase their participation for mapping global value chains, cautioning against concentration of suppliers and markets.

According to the sources, 10 high level principles on digitization of trade documents were also agreed, as countries seek to reduce the cost of trading across borders.  

Commerce and industry minister Piyush Goyal has said that the contents of the outcome document and the chairs summary were decided unanimously.

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