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2nd G-20 Virtual Trade and Investment Ministers Meeting

Published on May 16, 2020
Current Context: 2nd G-20 Virtual Trade and Investment Ministers Meeting were held under the presidency of Saudi Arabia.
2nd G-20 Virtual Trade and Investment Ministers Meeting

  • The meeting was chaired by Minister of Commerce of Saudi Arabia, Majid Al Qasabi.
  • Union Minister of Commerce and Industry Minister Piyush Goyal participated in the meet.
  • The meeting focused on immediate actions that can ease the stress faced by people in combating COVID-19 pandemic situation.
  • In the meet, The Ministers agreed to provide diagnostic and protective equipment and health care professionals across borders where they are most needed.
  • Piyush Goyal suggested to all the G-20 nations to ensure access to essential medicines, treatments, and vaccines at affordable prices.
  • The meeting also focused on to provide digital skills to develop the countries. And various decisions were taken on digital trade and e-commerce.

Static Part:

  • Capital of Saudi Arabia: Riyadh
  • Currency of Saudi Arabia: Saudhi Riyal

Question:

Q.1 Under whose presidency 2nd G-20 Virtual Trade and Investment Ministers Meeting were held?
a. India
b. Saudi Arabia
c. Turkey
d. Brazil
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