Post-pandemic economic growth dominates G20 Summit

By Asad Mirza The virtual G20 Summit in Riyadh, which was organised under the direct supervision of the Saudi Crown Prince Mohammad bin Salman (MbS), was indeed able to showcase the leadership capability of the Kingdom on the global stage.
As expected the coronavirus pandemic topped the agenda of the two-day Summit major economies, with countries committing to ensure “affordable and equitable” access to vaccines worldwide and to be prepared to deal with future health crises.
International pandemic treaty Charles Michel, President of the European Council, proposed an international agreement on the pandemic to prevent future pandemics.
“It should be negotiated with all nations, UN organisations and agencies, in particular the WHO. The WHO must remain the cornerstone of global coordination against health emergencies”, Michel said.
The G20 leaders pledged over $21 billion at the outset of the crisis to support funding in global health capacities, according to a statement by G20. Moreover, the members have injected over $11 trillion so far to shield the economy and protect livelihoods, it said.