G20: Trade and Investment Working Group’s 2nd meeting begins

Under India’s G20 Presidency, the second meeting of the Trade and Investment Working Group (TIWG) began in Bengaluru on May 23. The first TIWG meeting was held in Mumbai in March 2023.The 3-day meeting will see participation of over 75 delegates from G20 member states, invitees, regional groupings, and international organizations.

On the first day of the 2nd TWIG meeting, a seminar on Business and Technology was organized, in which topics such as technology reshaping business and the role of technology in driving inclusive growth were discussed. Further, two panel discussions were also organized as a part of the meeting.

The Union Minister of State for Commerce and Industry, Som Prakash inaugurated the seminar. Secretary, Department of Commerce, Sunil Barthwal highlighted India’s newly launched ‘Indian Foreign Trade Policy’. On the sidelines of the meeting, a cultural program was also organized for the G20 delegates. Over the next two days, the 2nd TWIG meeting will hold deliberations on various topics related to global trade. WTO reform, which remains a key priority for India’s G20 presidency, will be a focal point during the technical session scheduled for May 24, where the Union Minister of State for Commerce and Industry, Smt. Anupriya Patel will participate.

By Business Bureau

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