G20's Focus on Free and Fair Trade for Sustainable Development

Right before the start of the G20 summit in Hamburg on Friday, high-level policymakers and trade experts came together to emphasise the need for both globally balanced trade rules and foreign investment into development. At a roundtable organised by the International Centre for Trade and Sustainable Development (ICTSD), the German Development Institute / Deutsches Institut für Entwicklungspolitik (DIE), and the German Institute for Global and Area Studies (GIGA), participants reiterated the importance of promoting an open, well-managed multilateral trading system in order to achieve the goals outlined in the 2030 Agenda for Sustainable Development, urging the G20 heads of state and the international community to adopt decisions to make adjustments in this regard.

Discussants emphasised the importance of global trade for sustainable development as outlined in the 2030 Agenda.

The “G20’s Focus on Free and Fair Trade for Sustainable Development” roundtable was held at the German Institute for Global and Area Studies (GIGA) in Hamburg early on Friday. It had to take place without advance public notice for security reasons.