University of Toronto


G20 Summits |  G20 Ministerials |  G20 Analysis |  Search |  About the G20 Research Group
[English]  [Français]  [Deutsch]  [Italiano]  [Portuguesa]  [Japanese]  [Chinese]  [Korean]  [Indonesian]

Munk School of Global Affairs

G20 Information Centre
provided by the G20 Research Group


2015 Hanghou G20 Summit Logo

Annex I: Terms of Reference of the G20 Trade and Investment Working Group

Shanghai, July 10, 2016
[pdf]

Objective

Trade and investment are vital engines for growth and job creation. However, international trade growth remains sluggish and FDI flows have not yet recovered to pre-crisis levels, which are both challenges to strong, sustainable and balanced global growth. Accounting for 85% of world GDP and 80% of global trade, the G20 is in a unique position to address these challenges, through more effective policy cooperation and concrete actions.

In Antalya, our leaders reaffirmed their strong commitment to better coordinate efforts to reinforce trade and investment, and asked Trade Ministers to meet on a regular basis and agree to establish a supporting working group. In order to facilitate deliberations and develop a strong agenda on trade and investment issues, the G20 has decided to set terms of reference (ToR) for the TIWG. These define the scope of discussion and the organizational matters of the TIWG and will ensure the relevance, consistency and effectiveness of its work. The ToR will also create synergies between the TIWG and other work streams and relevant engagement groups.

This ToR, including modalities, will be reviewed annually at the discretion of the Presidency.

[back to top]

Scope of Discussions

The TIWG may support G20 discussions in the following aspects, including but not limited to:

[back to top]

Participants

Reflecting the G20 as a member-driven organisation, discussions will take place among members but, consistent with other G20 working arrangements, may also include invited guests.

International Organizations (IOs) will be invited to the TIWG meetings, and provide technical support in accordance with their mandate, expertise, and comparative advantages.

TIWG may also engage more directly with relevant stakeholders, including the Business 20, as required.

[back to top]

Modalities

The TIWG will be chaired by the Presidency and one co-chair from the members. The co-chair will be nominated by the Presidency, taking into account members' willingness, and the balance between different regions and between developed and developing members.

The TIWG will be convened as required, but not more than three or four times throughout the year.

The TIWG will report its work to the G20 Sherpa Meetings, TMMs and the G20 Leaders Summits.

[back to top]

Source: Ministry of Economy, Trade and Industry of Japan


This Information System is provided by the University of Toronto Library
and the G20 Research Group at the University of Toronto.
Please send comments to: g20@utoronto.ca
This page was last updated July 11, 2016 .

All contents copyright © 2017. University of Toronto unless otherwise stated. All rights reserved.