China-G20 Trade Ministers’ Meeting
Beijing, China - Oct 13, 2021 (CGTN - No access Chinese mainland)
1. Various of Chinese officials attending G20 Trade and Investment Ministerial Meeting via video link
2. Minister of Commerce Wang Wentao at meeting
3. Various of Chinese officials attending meeting via video link
4. SOUNDBITE (Chinese) Chen Chao, deputy head, International Department, Ministry of Commerce:
"G20 member states have reiterated that we should strengthen the multilateral trading system surrounding the WTO, with the rules as the basis. We have also agreed that we should strengthen WTO functions like making rules and regulations, and facilitate the normal operation of the WTO dispute settlement mechanism, and negotiation function."
5. Various of Chinese officials at meeting
6. SOUNDBITE (Chinese) Chen Chao, deputy head, International Department, Ministry of Commerce:
"All parties reiterated that all the urgent trading measures to resolve the pandemic must be targeted, moderate, transparent, and temporary. The measures can't cause unnecessary trading obstacles or disrupt the global supply chain. The ministers have also emphasized that they will adopt a constructive approach to facilitate trade, protect intellectual property, and for production and distribution of COVID-19 vaccines."
FILE: Rome, Italy - Sept 5, 2021 (CCTV - No access Chinese mainland)
7. Sign of G20
8. Sign reading"people planet", "prosperity" at Piazza del Campidoglio
FILE: Geneva, Switzerland - July 16, 2020 (CCTV - No access Chinese mainland)
9. Various of WTO building, logo
Rizhao City, Shandong Province, east China - Oct 9, 2021 (CCTV - No access Chinese mainland)
10. Aerial shots of port
11. Crane uploading container onto truck
12. Intelligent trucks moving at port
13. Aerial shots of port, crane lifting containers
Trade ministers from the G20 nations reached consensus on several aspects during this year’s virtual meeting in Sorrento, Italy, saying that the consensus is essential for safeguarding the multilateral trading system, fighting the pandemic, fostering trade, and creating a better overall environment.
This year’s G20 Trade Ministers' Meeting is a curtain-raiser for the upcoming G20 summit in Rome at the end of this month. It is also an important multilateral meeting before the 12th ministerial meeting of the World Trade Organization in Switzerland next month.
According to data provided by the China's Ministry of Commerce, the GDP, trade volume, and inbound investment of the G20 members accounts for 86 percent, 77 percent, and 66 percent respectively of the global total.
Besides approving the G20 Trade Ministers' Meeting Statement, the meeting has also sent out positive signals about safeguarding the multilateral trading system.
"G20 member states have reiterated that we should strengthen the multilateral trading system surrounding the WTO, with the rules as the basis. We have also agreed that we should strengthen WTO functions like making rules and regulations, and facilitate the normal operation of the WTO dispute settlement mechanism, and negotiation function," said Chen Chao, deputy head of the International Department of China's Ministry of Commerce.
All parties have agreed that common efforts are necessary to combat the pandemic. The ministers have committed to implementing the decisions taken by the group to deal with the pandemic and foster global trade and investment.
"All parties reiterated that all the urgent trading measures to resolve the pandemic must be targeted, moderate, transparent, and temporary. The measures can't cause unnecessary trading obstacles or disrupt the global supply chain. The ministers have also emphasized that they will adopt a constructive approach to facilitate trade, protect intellectual property, and for production and distribution of COVID-19 vaccines," said Chen.
The parties will strengthen the coordination of trade and environment policies, including the reaching of an agreement on fishing subsidies at the upcoming ministerial meeting of the WTO, to protect maritime resources.
Member countries will also deepen pragmatic cooperation for the development of small and micro enterprises, facilitate trade in services, and boost international investment.
China-G20 Trade Ministers’ Meeting
Dateline : Oct 13/9, 2021/File
Location : Beijing,China
Duration : 1'59
Beijing, China - Oct 13, 2021 (CGTN - No access Chinese mainland)
1. Various of Chinese officials attending G20 Trade and Investment Ministerial Meeting via video link
2. Minister of Commerce Wang Wentao at meeting
3. Various of Chinese officials attending meeting via video link
4. SOUNDBITE (Chinese) Chen Chao, deputy head, International Department, Ministry of Commerce:
"G20 member states have reiterated that we should strengthen the multilateral trading system surrounding the WTO, with the rules as the basis. We have also agreed that we should strengthen WTO functions like making rules and regulations, and facilitate the normal operation of the WTO dispute settlement mechanism, and negotiation function."
5. Various of Chinese officials at meeting
6. SOUNDBITE (Chinese) Chen Chao, deputy head, International Department, Ministry of Commerce:
"All parties reiterated that all the urgent trading measures to resolve the pandemic must be targeted, moderate, transparent, and temporary. The measures can't cause unnecessary trading obstacles or disrupt the global supply chain. The ministers have also emphasized that they will adopt a constructive approach to facilitate trade, protect intellectual property, and for production and distribution of COVID-19 vaccines."
FILE: Rome, Italy - Sept 5, 2021 (CCTV - No access Chinese mainland)
7. Sign of G20
8. Sign reading"people planet", "prosperity" at Piazza del Campidoglio
FILE: Geneva, Switzerland - July 16, 2020 (CCTV - No access Chinese mainland)
9. Various of WTO building, logo
Rizhao City, Shandong Province, east China - Oct 9, 2021 (CCTV - No access Chinese mainland)
10. Aerial shots of port
11. Crane uploading container onto truck
12. Intelligent trucks moving at port
13. Aerial shots of port, crane lifting containers
Trade ministers from the G20 nations reached consensus on several aspects during this year’s virtual meeting in Sorrento, Italy, saying that the consensus is essential for safeguarding the multilateral trading system, fighting the pandemic, fostering trade, and creating a better overall environment.
This year’s G20 Trade Ministers' Meeting is a curtain-raiser for the upcoming G20 summit in Rome at the end of this month. It is also an important multilateral meeting before the 12th ministerial meeting of the World Trade Organization in Switzerland next month.
According to data provided by the China's Ministry of Commerce, the GDP, trade volume, and inbound investment of the G20 members accounts for 86 percent, 77 percent, and 66 percent respectively of the global total.
Besides approving the G20 Trade Ministers' Meeting Statement, the meeting has also sent out positive signals about safeguarding the multilateral trading system.
"G20 member states have reiterated that we should strengthen the multilateral trading system surrounding the WTO, with the rules as the basis. We have also agreed that we should strengthen WTO functions like making rules and regulations, and facilitate the normal operation of the WTO dispute settlement mechanism, and negotiation function," said Chen Chao, deputy head of the International Department of China's Ministry of Commerce.
All parties have agreed that common efforts are necessary to combat the pandemic. The ministers have committed to implementing the decisions taken by the group to deal with the pandemic and foster global trade and investment.
"All parties reiterated that all the urgent trading measures to resolve the pandemic must be targeted, moderate, transparent, and temporary. The measures can't cause unnecessary trading obstacles or disrupt the global supply chain. The ministers have also emphasized that they will adopt a constructive approach to facilitate trade, protect intellectual property, and for production and distribution of COVID-19 vaccines," said Chen.
The parties will strengthen the coordination of trade and environment policies, including the reaching of an agreement on fishing subsidies at the upcoming ministerial meeting of the WTO, to protect maritime resources.
Member countries will also deepen pragmatic cooperation for the development of small and micro enterprises, facilitate trade in services, and boost international investment.
ID : 8232746
Published : 2021-10-14 03:26
Last Modified : 2021-10-14 17:12:01
Source : China Media Group(CMG)-CCTV,China Media Group(CMG)-CGTN
Restrictions : No access Chinese mainland
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