Trade and Investment
In 2016, the Trade and Investment Working Group (TIWG) was established under the Chinese G20 Presidency and since then has been carried on by all successive G20 Presidencies. The OECD supports the G20’s work on trade and investment through its active participation in the Trade and Investment Working Group (TIWG). Some of the areas where the OECD has contributed to the G20’s trade and investment discussion include trade and investment policy responses to the COVID-19 crisis, global value chains, digital trade and cross-border data flows, trade in services, investment facilitation, and FDI screening.
In 2021, the Italian G20 Presidency has put at the core of its trade agenda the WTO reform; trade in services and investment facilitation; as well as trade and health, with level playing field and sustainability issues playing a central role, together with boosting MSMEs international competitiveness. The OECD supported this agenda with analytical inputs on the resilience of GVCs, trade in services – including digital trade, level playing field issues and transparency of government support, and investment facilitation. The OECD also provided insights for the Policy Toolkit on ‘Promoting Born Green via Digital MSMEs and Entrepreneurship in Global Supply Chains’.