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ECONOMY

G20 nations discuss transparency in export restrictions

  • May 15, 2020
  • , Sankei
  • JMH Summary

Sankei wrote that the trade ministers of the G20 nations held a videoconference on Thursday and discussed actions to ensure transparency in export restrictions and WTO reform to respond to the novel coronavirus pandemic in view of the increase in the number of nations that are limiting exports of medical equipment. The paper wrote that Japan’s Trade Minister Kajiyama proposed that the WTO and the G20 continue monitoring trade restrictions. Kajiyama also stressed the importance of using digital technology to reduce people-to-people contact to prevent the spread of the coronavirus and accelerating discussions on establishing rules for e-commerce.

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