Union Commerce and Industries Minister chairs 19th SCO foreign trade and economic ministers meet.
Piyush Goyal chair to the meet, remarked “countries have to leverage their Economic Strength to enhance trade and investment in the region”.
- Piyush Goyal chair to the meet, remarked “countries have to leverage their Economic Strength to enhance trade and investment in the region”.
- The SCO countries collectively account to 1/7 the of global trade in goods and 1/8th of global trade in commercial services. This can help in enhancing the speed of recovery from the covid-19 pandemic and global economic growth.
- SCO adopted documents on;
- Initiatives on multilateral trading system: Under the statement of multilateral trading system, the countries that are the members of World Trade Organization highlighted that rule based multi-lateral negotiation is essential to improve economic growth.
- Intellectual property rights: The statement on intellectual property right emphasized on sharing information and experience about enforcement and legislation and also cooperation in multilateral organizations.
- Response to covid-19 and MSME
