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 Germany in 2017 and Argentina in 2018. The OECD supports the G20’s work on trade and investment through its active participation in the Trade and Investment Working Group (TIWG).

Global Value Chains (GVCs)

GVCs have become a dominant feature of the world economy, counting up to 80% of global trade and involving countries at all levels of development. This growing fragmentation of production across borders has important implications for trade and investment patterns and policies and offers new prospects for growth, development and jobs The OECD has been supporting G20’s assessment of this agenda.


The Argentinian Presidency has identified agro-food GVCs and the impacts of the New Industrial Revolution on Trade as part of its priorities for the TIWG in 2018. The OECD has worked with other international organisations in the preparation of two scoping papers (Agriculture and Food Global Value Chains and Trade and Investment Aspects of the New Industrial Revolution) to support these agendas.

Monitoring of Trade and Investment Measures

Mandated by Leaders in 2009, the OECD – with WTO and UNCTAD – has been monitoring and regularly reporting on G20 countries’ trade and investment policies. The OECD monitors G20 countries’ commitment to keep markets open and refrain from “raising new barriers to investment or to trade in goods or services, imposing new export restrictions, or implementing WTO inconsistent measures to stimulate exports.”

Making Trade Work for All

Faced with an increasing backlash against globalization and public skepticism about the benefits of trade, the G20 addressed with the support of the OECD and other international organisations the full range of policy responses that can make the economic and trade system work better for more people, and assessed the impact of trade-related measures that open or restrict market access. In its report Making Trade Work for All, the OECD addressed the trade backlash and how to make trade improve lives and create new opportunities for all.

Trade and Investment Nexus

During its G20 Presidency, China put the nexus between trade and investment on the agenda. In 2016, Trade Ministers endorsed the G20 Guiding Principles for Global Investment Policymaking. Building on its existing body of work (i.e., the G20/OECD Principles of Corporate Governance and the OECD Guidelines for Multinational Enterprises), the OECD contributed substantively to the TIWG’s broader discussion on policy coherence in the trade-investment nexus as well as on investment facilitation and related policy issues.