A day ahead of the G20 trade ministers meeting here, Commerce and Industry Minister Piyush Goyal on Wednesday said the member countries are looking at reaching a consensus on a "Jaipur call for action" to help promote industry, MSMEs, and global trade.
Representatives of the G20 countries are gathering here for the trade and investment ministerial meeting, scheduled on August 24-25.
Briefing the media about the meeting, Goyal said that the officials of the countries have been burning the midnight oil to forge consensus and build a document on the priority areas.
When asked whether disagreement among G20 member countries over the Russia-Ukraine conflict is a concern, Goyal said members are trying to build a consensus on as many issues as possible keeping in mind this reality.
"….There are some realities on which there is no possibility of a consensus ... Barring this we are trying to build a consensus on all the remaining priorities," he added.
In February, the meeting of finance leaders of the world's 20 biggest economies, referred to as the group of 20 or G20, in Bengaluru had ended without a joint communique after Russia and China opposed any reference to the war in Ukraine. Also, no communiqué was issued after the third G20 finance ministers and central bank governors meeting at Gandhinagar in July.
The five priority areas that are being discussed are trade for growth and prosperity; trade and resilient global supply chain; integrating MSMEs in global trade; logistics for trade; and WTO reforms.