{"id":376753,"date":"2024-10-25T17:23:38","date_gmt":"2024-10-25T20:23:38","guid":{"rendered":"https:\/\/anba.com.br\/?p=376753"},"modified":"2024-10-25T17:25:15","modified_gmt":"2024-10-25T20:25:15","slug":"global-trade-dominates-discussions-at-b20","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/global-trade-dominates-discussions-at-b20\/","title":{"rendered":"Global trade dominates discussions at B20"},"content":{"rendered":"\n<p>S\u00e3o Paulo \u2013 Trade took center stage in discussions and speeches on the second day of the B20 Summit held on Friday (25) in S\u00e3o Paulo. During the Trade Ministers Session, the UAE Minister of Foreign Trade Thani Bin Ahmed Al Zeyoudi noted there are various blocs for trading goods and services, but part of the reduction in greenhouse gas emissions and development also depends on regional trade.<\/p>\n\n\n\n<p>\u201cThe G20\u2019s short-term actions will determine the long-term G20. It\u2019s essential to align trade practices and foster integration for the <a href=\"https:\/\/b20brasil.org\/\" target=\"_blank\" rel=\"noopener\">B20<\/a> to remain relevant,\u201d he said, noting that innovation relies on the creativity of the private sector.<\/p>\n\n\n<div class=\"wp-block-image\">\n<figure class=\"alignleft size-large is-resized\"><img fetchpriority=\"high\" decoding=\"async\" width=\"1024\" height=\"798\" src=\"https:\/\/anba.com.br\/wp-content\/uploads\/2024\/10\/WhatsApp-Image-2024-10-25-at-16.21.11-1024x798.jpeg\" alt=\"Alckmin said the G20 agrees with the trade concerns and priorities indicated by businesses\" class=\"wp-image-376732\" style=\"width:321px;height:auto\" srcset=\"https:\/\/anba.com.br\/wp-content\/uploads\/2024\/10\/WhatsApp-Image-2024-10-25-at-16.21.11-1024x798.jpeg 1024w, https:\/\/anba.com.br\/wp-content\/uploads\/2024\/10\/WhatsApp-Image-2024-10-25-at-16.21.11-600x467.jpeg 600w, https:\/\/anba.com.br\/wp-content\/uploads\/2024\/10\/WhatsApp-Image-2024-10-25-at-16.21.11-150x117.jpeg 150w, https:\/\/anba.com.br\/wp-content\/uploads\/2024\/10\/WhatsApp-Image-2024-10-25-at-16.21.11-768x598.jpeg 768w, https:\/\/anba.com.br\/wp-content\/uploads\/2024\/10\/WhatsApp-Image-2024-10-25-at-16.21.11-450x351.jpeg 450w, https:\/\/anba.com.br\/wp-content\/uploads\/2024\/10\/WhatsApp-Image-2024-10-25-at-16.21.11-1200x935.jpeg 1200w, https:\/\/anba.com.br\/wp-content\/uploads\/2024\/10\/WhatsApp-Image-2024-10-25-at-16.21.11.jpeg 1280w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" \/><figcaption class=\"wp-element-caption\">Alckmin said the G20 agrees with the concerns and priorities indicated by businesses<\/figcaption><\/figure>\n<\/div>\n\n\n<p>After his presentation in this session, Brazil&#8217;\u2019 Vice President and Minister of Development, Industry, Commerce and Services Geraldo Alckmin delivered a speech at the B20, emphasizing that global trade needs to be fairer and more inclusive, in line with what he and other ministers agreed upon this week during the final meeting of G20 trade ministers.<\/p>\n\n\n\n<p>\u201cToday we celebrate the relationship between government and the private sector,\u201d he said, adding that companies are the \u201cdriver\u201d of the global economy. \u201cThe recommendations that the B20 sends to the G20 reflect key topics of the global economy,\u201d Alckmin said, noting that the G20 agrees with the topics presented as priorities by the B20, including the reform of global trade, the development of green infrastructure, innovation, and the promotion of gender equity. \u201cAll countries need the WTO, but some depend on it even more,\u201d he said about the World Trade Organization.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><strong>Fair<\/strong> trade relations<\/h2>\n\n\n\n<p>In the first debate of the day, \u201cLeveraging Trade to Promote Prosperity and Combat Hunger,\u201d the president of the Brazilian Agency for Industrial Development (ABDI), Ricardo Capelli, advocated for a fairer and more balanced global trade, saying that \u201cprotectionism has been on the rise in the world.\u201d<\/p>\n\n\n\n<p>Executives from Brazilian companies who formed a private sector task force also called for instruments and improvements in the global trade system, presenting suggestions for the government leaders who will meet at the G20 in Rio de Janeiro on November 18 and 19.<\/p>\n\n\n\n<p>In the panel \u201cCrafting the Agenda: Recommendations for Changing Directions from the B20 to the G20,\u201d the task force led by Embraer CEO Francisco Gomes Neto presented conclusions and suggestions for G20 economies to move toward a less unequal and more sustainable world. One of the conclusions, Gomes Neto said, was the recovery of the WTO, including the creation of a council for the organization that could arbitrate international trade.<\/p>\n\n\n\n<p>From this task force, priorities such as investment in education, digital inclusion, and the inclusion of girls in education and career advancement opportunities emerged. \u201cNo one should be left behind,\u201d said Paula Bellizia, vice president of Amazon Web Services for Latin America, emphasizing a theme that was mentioned several times during the meeting.<\/p>\n\n\n\n<p>The challenges of global warming were highlighted by Ricardo Mussa, CEO of Ra\u00edzen, who also joined the task force and pointed out Brazil as a country that can be a global leader in the energy transition. Starting in 2030, he said, the world needs to generate three times more energy from renewable sources. Biofuels can serve as a transitional source during this period, and global energy efficiency must increase to address these challenges.<\/p>\n\n\n\n<p>The <strong>Arab-Brazilian Chamber of Commerce<\/strong> (ABCC) participates in the B20 Summit with its leaders and executives, supporting Arab participation in both the events of the Summit and on its sidelines.<\/p>\n\n\n\n<p><em>Read more:<br><\/em><a href=\"https:\/\/anba.com.br\/en\/b20-private-sector-pushes-net-zero-goals\/\">B20: Private sector pushes net zero goals<\/a><\/p>\n\n\n\n<p><strong>Translated by Guilherme Miranda<\/strong><\/p>\n<div class=\"credits-overlay\" data-target=\".wp-image-376738\">Augusto Coelho\/CNI<\/div><div class=\"credits-overlay\" data-target=\".wp-image-376732\">Marcos Carrieri\/ANBA<\/div>","protected":false},"excerpt":{"rendered":"<p>Speeches and discussions reaffirm the need to strengthen and integrate trade exchanges. The UAE minister participated in a panel. The vice president of Brazil delivered a speech.<\/p>\n","protected":false},"author":2317,"featured_media":376738,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[91],"tags":[11341,9534,11347,2299,1810,9579,1843],"class_list":{"0":"post-376753","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-economy","8":"tag-b20","9":"tag-brazil-en","10":"tag-g20-en","11":"tag-sustainability","12":"tag-trade","13":"tag-uae-en","14":"tag-wto"},"wps_subtitle":"Speeches and discussions reaffirm the need to strengthen and integrate trade exchanges. The UAE minister participated in a panel. The vice president of Brazil delivered a speech.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/376753","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2317"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=376753"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/376753\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/376738"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=376753"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=376753"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=376753"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}