Many countries rely on China for drug ingredients, and are now struggling to avoid shortages after lockdown measures prompted by the epidemic held up supplies and delayed shipments.
G20 leaders pledged last week to inject over $5 trillion into the global economy to limit job and income losses caused by border closures and sweeping shutdowns
Finance ministers to prepare action plan soon, Trade ministers to assess impact on global trade
The talks came amid criticism that the G20 has been slow to address the Covid-19 pandemic
The world's wealthiest nations poured unprecedented aid into the traumatized global economy on Thursday as coronavirus cases ballooned in Europe, the current epicenter
India's consolidated deficit (the Centre and states combined) is the highest among the G20 nations, she added.
The restrictive measures cover an estimated USD 460.4 billion worth of traded merchandise, an increase of 37 per cent over the same period previous year.
OECD will present its "unified approach" to a digital tax at a G20 gathering on the sidelines of annual meetings of the International Monetary Fund and World Bank
New Delhi must guard against the world's premier multilateral economic forum being hijacked by bilateralism
Japan will make tackling global imbalances a priority in deliberations as next year's G20 chair
The report also added that the G20 economies implemented 47 measures to facilitate trade during this review period
Donald Trump has accused two G20 members, China and Japan, of currency manipulation