Vietnam PM to attend G20 emergency video meeting on Covid-19 response
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Prime Minister shares Viet Nam’s COVID-19 battle experiences at G20 meeting - Photo: VGP

A call by the International Monetary Fund (IMF) for a doubling of its funding to $2tn was not addressed specifically in the communique. The statement said G20 members had undertaken a $5tn stimulus through targeted fiscal policy and insurance schemes, and members would look to increase funding to multilateral bodies as required. Central bank governors were urged to draw up an action plan in conjunction with finance ministers.

In a joint statement, leaders of the 20 largest economies in the world, under the chairmanship of the G-20 president Saudi Arabia, “there is everything to do with the pandemic, and to overcome them”. The members of the Group of Twenty, met one and a half-hour-long video.

The communique committed to ensuring the cross-border flow of vital medical supplies, agricultural products, and other goods and services. Some countries have been withholding export permits of medicines or masks.

The G20 statement said: “We stress the importance of responsible communication to the public during this global health crisis.”

Vietnam voices their experience in Covid-19 combat

Speaking at the event, Vietnam Prime Minister Nguyen Xuan Phuc emphasized the importance of global and regional solidarity, cooperation and coordination, affirming Viet Nam’s determination and commitment combating COVID-19.

The leader stressed that Viet Nam persistently pursues the dual goal of controlling the disease and continuing to promote economic development and ensure social welfare.

The PM welcomed the important role and active contributions of the G20 as well as international organizations, such as the United Nations, the World Health Organization (WHO), the International Monetary Fund (IMF) and the World Trade Organization (WTO), in the battle against COVID-19.

He shared with the leaders measures on cooperation and joint action in coping with the COVID-19 outbreak such as information and experience exchange, technological assistance in testing, controlling and treating the disease, while taking advantage of the support, cooperation and involvement of people, social organizations and armed forces.

PM Phuc participating in the summit and sharing strong measures to promote cooperation has affirmed Viet Nam’s support and cooperation for the G20 and the international community in combating the epidemic, showing Viet Nam as a proactive and active member with responsible contributions to enhancing global cooperation in response to common challenges.

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