Discussions on global diesel supplies on the sidelines of the G20 Trade Ministers’ meeting in Milwaukee contributed to an anticipated increase in supplies, US Trade Representative Jamieson Greer said. The meeting also covered food security, forced labour and industrial overcapacity.
US Trade Representative Jamieson Greer called for a review of the Most-Favoured-Nation principle at the G20 Trade Ministerial, arguing unconditional MFN can limit responses to unfair trade practices. The US advocated reforms alongside tariffs and bilateral agreements to address distortions
The US will host G20 trade ministers in Milwaukee from September 29 to October 1 for talks on forced labour, food trade, industrial overcapacity and trade rules. Commerce and Industry Minister Piyush Goyal will represent India at the ministerial.