Home World Business Trudeau joins G20 in promising COVID-19 aid to poor nations, rejecting protectionism

Trudeau joins G20 in promising COVID-19 aid to poor nations, rejecting protectionism


OTTAWA – Prime Minister Justin Trudeau is joining fellow leaders at the G20 in a promise to provide more assistance to poor countries battered by COVID-19, including the provision of vaccines for all.

The promise is contained in a final communique released today by the leaders of the world’s 20 richest countries following two days of virtual discussions hosted by Saudi Arabia.

The communique also commits rich countries to holding off on collecting debt payments from impoverished nations, many of which are struggling to keep their heads above water during the pandemic.

Trudeau had entered the summit hoping to push fellow leaders on the importance of keeping borders open to trade as well as the need to include climate change in the post-pandemic economic order.

While both are included in the final statement, the environmental commitments do contain a number of caveats that give individual countries a fair degree of wiggle room in what they implement.

The communique also speaks to the importance of infrastructure spending on any post-pandemic recovery, but does not address fears of Buy America-type restrictions that could limit Canadian companies from competing for such work in the U.S. and elsewhere.

This report by The Canadian Press was first published Nov. 22, 2020.





Source by [author_name]

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Must Read

Poignant reunion with accidental Thanksgiving guest

Wanda Dench and Jamal Hinton have celebrated Thanksgiving together ever since she accidentally texted him four years ago, mistaking his number for her...

Government set to pass new laws to cut UK overseas aid budget

Church leaders and charities are among those opposing a cut in the UK's overseas aid budget.Source by

Griezmann rompe su silencio para intentar aclarar polémicas sobre Messi

Antoine Griezmann, delantero del Barcelona, desveló este lunes que cuando fichó por el club azulgrana y habló con Lionel Messi, el jugador argentino...

Australian skincare brand Body Blendz launches body scrub that clears cellulite and stretch marks

This Australian blue body scrub claims to clear cellulite and stretch...

Dianne Feinstein to step down as top Democrat on the Senate Judiciary panel after Lindsey Graham hug

California Senator Dianne Feinstein said she will step down from her role as the top Democrat on the Senate Judiciary Committee, giving up...
Translate »