
SAnews
28 Apr 2025
The Department of Trade, Industry and Competition (the dtic) will host South Africa’s second G20 Trade and Investment Working Group (TIWG) meeting from 6-8 May 2025 in Somerset West, Western Cape.
The G20 TIWG meeting is a second of a series of meetings that will take place throughout the year, ahead of the G20 Trade Ministers’ Meeting in October 2025. Discussions at the meeting will focus on four priorities in the area of trade and investment, namely:
• Trade and inclusive growth - with a view to develop high-level principles to foster trade and inclusive growth, and work towards a G20 Africa Cooperation Agenda, building on previous Presidencies’ initiatives on promoting G20 partnership with Africa.
• Responsive trade and investment agenda - to address global challenges such as climate change, digital inclusion, pandemic preparedness, food security, and supply chain resilience, alongside a toolbox of reforms in the investment treaty regime to support the global commons.
• G20 Framework on Green Industrialisation and Investments - towards a grand bargain that supports value addition of critical minerals at the source or close to the source and promotes resilient supply-chains. The discussions will also identify best practices and policy tools utilised by governments to advance green industrialisation.
• On World Trade Organisation (WTO) reform - support for WTO reform and the development dimension of the WTO.
South Africa officially assumed the Presidency of the G20 in December 2024 for the year 2025 under the theme: Solidarity, Equality, Sustainability. For further details follow this link:
https://www.sanews.gov.za/south-africa/second-g20-trade-and-investment-working-group-meeting-set-may