G20 trade ministers meet by video to tackle coronavirus impact

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G20 trade ministers meet by video to tackle coronavirus impact
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G20 ministers agree to keep markets open, tackle pandemic supply disruptions

G20 leaders pledged last week to inject over $5 trillion into the global economy to limit job and income losses from the coronavirus.

Many countries rely on China, the original source of the outbreak, for drug ingredients, and are now struggling to avoid shortages after lockdown measures prompted by the epidemic held up supplies and delayed shipments. Japan’s trade minister told counterparts the public and private sectors should try to avoid shutting supply networks to enable an early resumption of economic activities.

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