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 Cape Town Express 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 Cape Town Express.
More InformationISTANBUL/PARIS/BRUSSELS: As searing temperatures blanket much of Europe, wildfires are erupting and evacuation orders are being issued...
VENICE, Italy: Over the weekend, hundreds of protesters marched through the narrow streets of Venice to voice their opposition to billionaire...
PARIS, France: France is taking stronger steps to reduce smoking. A new health rule announced on Saturday will soon ban smoking in...
WASHINGTON, DC - U.S. President Donald Trump on Tuesday claimed Elon Musk's success has been built on government subsidies. Without...
EVERGLADES, Florida: Over the weekend, a diverse coalition of environmental activists, Native American leaders, and residents gathered...
BEIJING, China: China's national soccer team may struggle to stir excitement, but its humanoid robots are drawing cheers — and not...
Indias PM believes the platform will contribute to a balanced multipolar world order BRICS is a crucial platform for fostering cooperation...
Birmingham [UK], July 2 (ANI): Indian and England players were wearing a black armband before the start of play on Day 1 of the second...
New Delhi [India] July 2 (ANI): Keshav Maharaj, who was captain for the Zimbabwe series following the unavailability of full-time Test...
New Delhi [India] July 2 (ANI): Indian wicketkeeper/batter Rishabh Pant registered a career-best rating on the latest ICC Men's Test...
Washington, DC [US], July 2 (ANI): The public and messy feud between President Trump and tech billionaire Elon Musk was reignited this...
Grenada [West Indies], July 2 (ANI): Australia's right-hand batter Steve Smith is likely to feature in the playing XI for his national...