G20 should tackle fragmentation of global trade, Russian minister says
Russia's Maxim Reshetnikov says the G20 should focus on fragmentation of global trade, praising US efforts under its presidency to refocus attention on key global challenges.
Written by EGazette’s AI. The facts are drawn from cited sources; the analysis is the AI’s own.
The G20 should be used as a platform to address the fragmentation of global trade, Russian Economic Development Minister Maxim Reshetnikov said, according to TASS.
Reshetnikov said efforts by the United States, which helped establish the G20 and currently holds its rotating presidency, to refocus the group's attention on addressing major global challenges deserve high praise.
The minister's comments come as the G20, which brings together the world's largest economies, continues to grapple with divisions over trade policy, tariffs and supply-chain realignment that have intensified in recent years.
TASS did not report further detail on specific proposals Reshetnikov put forward for tackling trade fragmentation, or on the broader agenda of the current G20 presidency.
Fragmentation of global trade — as countries and blocs increasingly favor regional agreements, tariffs and export controls over multilateral frameworks — has become a recurring theme at recent G20 and other multilateral gatherings.
Sources
EGazette summarizes reporting from multiple sources; follow the links for the originals.
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