ANI
18 Sep 2023, 22:57 GMT+10
Raipur (Chhattisgarh) [India], September 18 (ANI): Global economic outlook and challenges to supply chain took centre stage on the opening day of the two-day G20 Framework Working Group (FWG) meeting which began in Chhattisgarh's capital Raipur on Monday, a government official said.
More than 65 delegates from G20 member and invitee countries and various international and regional organisations are taking part in the fourth and final meeting of the G20 FWG under India's G20 Presidency being held here in Nava Raipur, the official added.
Chandni Raina, advisor to the Union Finance Ministry and Sam Beckett, chief economic Adviser, HM Treasury, UK chaired the first session which saw a discussion on the latest global economic outlook and policy guidance on key macroeconomic issues in the first session, according to the official.
In the next session, experts from the USA, Brazil, Canada and South Africa gave presentations on the global economic scenario.
In the last session, presentations on the challenges to the supply chain and its microeconomic aspects were given, he said. Organisation for Economic Co-operation Development (OCAD), International Labour Organization (ILO) and World Trade Organization (WTO) also gave their presentations on various aspects of this issue, he said.
In the same session, experts from China, South Korea and Germany also put forth their views, the official added.
After the meeting, G20 delegates planted saplings at G20 Vatika in Sector 24 Nava Raipur, which has been developed in view of the event.
On Tuesday, the concluding day of the meeting, a discussion will be held on a strong, sustainable, balanced and inclusive development, the official said.
The 3rd G20 Framework Working Group (FWG) meeting under the Indian G20 Presidency took place in Kochi from June 13-14, 2023. More than 75 delegates from G20 member countries, invitee countries, and various international and regional organisations participated in the meeting, according to a G20 press release.
The G20 FWG focuses on global macroeconomic issues of current relevance. As per the mandate received from G20 Finance Ministers and Central Bank Governors in February 2023, the group has been deliberating on the macroeconomic implications of food and energy insecurity, macroeconomic risks arising from climate change and transition policies, and other risks to the global economy such as inflation, financial globalisation, and financial stability, the release added. (ANI)Get a daily dose of Canada Standard news through our daily email, its complimentary and keeps you fully up to date with world and business news as well.
Publish news of your business, community or sports group, personnel appointments, major event and more by submitting a news release to Canada Standard.
More InformationMADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
LONDON, U.K.: An unrelenting heatwave sweeping across Europe has pushed early summer temperatures to historic highs, triggering deadly...
President Donald Trump's plans to build a space-based Golden Dome missile defense shield have drawn immediate criticism from China,...
NEW YORK CITY, New York: Paramount has agreed to pay US$16 million to settle a lawsuit brought by U.S. President Donald Trump over...
LONDON, U.K.: British Prime Minister Keir Starmer won a vote in Parliament this week to move ahead with changes to the country's welfare...
WASHINGTON, D.C.: President Donald Trump will meet Israeli Prime Minister Benjamin Netanyahu at the White House on Monday. President...
MADRID, Spain: Liverpool footballer Diogo Jota and his younger brother, André Silva, have died in a car accident in Spain. Spanish...
(Photo credit: Ronald W. Erdrich/Reporter-News / USA TODAY NETWORK) Four-star wide receiver Kaydon Finley has committed to Notre...
(Photo credit: Geoff Burke-Imagn Images) Former NFL linebacker Bryan Braman is 'in the fight of his life,' battling a rare and aggressive...
New Delhi [India], July 5 (ANI): A six-member Indian men's and women's skeet shooting squad will take first aim on Sunday (July 06,...
(Photo credit: Isaiah J. Downing-Imagn Images) Colorado coach Deion Sanders, who has been suffering from an undisclosed medical condition,...
Thiruvananthapuram (Kerala) [India], July 5 (ANI): Indian wicketkeeper-batter Sanju Samson made a record-breaking return to the Kerala...