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COVID-19 Has Remodelled G20 Priorities: Piyush Goyal

Goyal called upon the G20 to play a leadership role for people, the planet, and collective prosperity.

Photo Credit : Piyush Goyal's Youtube

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Union Minister of Textiles, Commerce and Industry, Consumer Affairs and Food and Public Distribution, Piyush Goyal while addressing the forum.

The ongoing Coronavirus pandemic has remodelled several G20 priorities, said the Union Minister of Commerce and Industry, Piyush Goyal during the inaugural session of the ICRIER's 13th Annual International G-20 Conference, on Wednesday. 

Goyal said that we must keep rethinking, reimagining, and recreating our own processes and thinking to be an important stakeholder in the new world order.

Goyal said that we must keep rethinking, reimagining, and recreating our own processes and thinking to be an important stakeholder in the new world order.

Goyal said, “For the next few years, Developing Countries like ours will be leading the organization, Indonesia next year, followed by India. It is a unique opportunity for all of us to inject a more inclusive and equitable agenda at the G20. By acting in tandem in this 'Decade of Action', G20 will play a pivotal role to achieve all SDGs. We have to strengthen global institutions which are more representative & inclusive e.g. WTO, UNFCCC, etc. We have to build synergies with like-minded partners to bring out a strong statement on Climate Action."

Goyal also said that today the entire world understands that in this Interconnected and Interdependent World, no one is safe until everyone is safe. And towards that end a greater degree of global economic coordination is the need of the hour, we are all equally responsible to make that happen. "It’s imperative to tackle this pandemic, on the one hand, to ensure vaccination for everybody, - rich or poor, all countries, all citizens of the world and also serious research on finding a cure for COVID-19,” said Goyal.

Goyal called upon the G20 to play a leadership role for people, the planet, and collective prosperity.

“What we need is faith in ourselves, in our abilities. G20 members must have a 'Centric' approach i.e. economic progress must be employed by Centric Policies, People-Centric Cooperation, Community Centric,” he said.

Meanwhile, the members of G20 account for more than 80 per cent of the world’s Gross Domestic Product (GDP), 75 per cent of global trade, and 60 per cent of the population of the planet.


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