The ministerial meeting under South Africa’s pro tempore chairmanship of the G20 will be held in Somerset West in the southern Western Cape province.
The TIWG meeting will focus on four priorities in the area of trade and investment. Namely, Trade and Inclusive Growth: with a view to developing high-level principles to promote trade and inclusive growth, and work towards a G20 Africa Cooperation Agenda, building on the initiatives of previous presidencies to promote G20 collaboration with Africa.
Also Responsive Trade and Investment Agenda: to address global challenges such as climate change, digital inclusion, pandemic preparation, food security and supply chain resilience, along with an investment treaty regime reform toolkit to support the global commons.
Another item will be the G20 Framework on Green Industrialization and Investment: towards a grand bargain that supports value addition of critical minerals at or near origin and promotes resilient supply chains.
Finally, Support for WTO reform and its development dimension.
According to the Deputy Director-General of Trade at the dtic, Ambassador Xolelwa Mlumbi-Peter, the second meeting offers members the opportunity to delve deeper into the issues with a view to preparing recommendations for the Trade and Investment Ministers’ meeting scheduled for October 10, 2025.
South Africa officially assumed the G20 Presidency in December 2024 for the year 2025 under the theme: Solidarity, Equality, Sustainability.
The G20 membership includes the world’s leading economies, representing 85 percent of global GDP, 75 percent of international trade and nearly 70 percent of the world’s population.
It is composed of 19 developed and developing countries, as well as the European Union and the African Union.
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