G20 aims for equity in trade, reforms: Goyal

Bloc is looking for 'global good' under India's presidency, says trade minister

- Rajeev Jayaswal

The G20 is expected to arrive at significant consensus to reform the multilateral trading system, create robust supply chains, promote micro, small and medium enterprises (MSMEs), and help people of developing and least developed countries prosper on the principle of equity, Union commerce minister Piyush Goyal said on Wednesday.

Under India's Presidency, the G20 is looking for "global good and ensuring good future for the people in the developing and less developed countries", Goyal added at a press conference in Jaipur ahead of the two-day trade and investment ministerial meeting (TIMM) starting from Thursday. The expectation, he said, would be for G20 to "invoke the Jaipur call for action", referring to the intent of the members to help promote industry and MSMEs by bridging the information gap to help expand businesses and trade.