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The G20 summit starts … and the Coruna virus dominates the talks

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The Saudi monarch said King Salman bin Abdulaziz Whose country is chairing the group this year and who has called for the extraordinary virtual summit: "This pandemic continues to cause loss of human lives, and causes suffering to many citizens of the countries of the world".

King Salman added "We hold this meeting in response to our responsibility as leaders of the world’s largest economies, to confront the Corona pandemic that requires us to take firm measures.".

He continued "The impact of this pandemic has expanded to include economies, financial markets, trade and global supply chains, which have hindered development and growth, and adversely affected the gains made in past years.".

He went on to say: "We must strengthen the global preparedness framework to combat infectious diseases that may spread in the future".

And the Saudi king continued "In pursuit of the G20 to support these efforts, we must take on all of us the responsibility of strengthening cooperation in financing research and development, to develop a vaccine for the Corona virus, and to ensure the availability of medical supplies and equipment".

Finance ministers and central bankers from the Group of Twenty countries agreed this week to draw a fee "Action Plan" To address the outbreak that the International Monetary Fund expects to spark a global recession.

Tidros Adhanom Gebresos, Director-General of the World Health Organization, will deliver a speech to leaders requesting increased funding and support for the production of personal protective equipment for medical workers.

He said at a press conference in Geneva on Wednesday: "We have a global responsibility as a human society, especially countries like members of the G20". Adding "It must support countries around the world".

Concern is growing about the economic protection measures being considered or adopted, as countries struggle to tackle the outbreak.

The US Chamber of Commerce urged G20 leaders to match pledges made by countries such as Australia and Canada to keep supply chains open and avoid export restrictions.

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“This pandemic continues to cause losses in human lives, and the suffering inflicts on many citizens of the countries of the world,” said the Saudi monarch, King Salman bin Abdulaziz, whose country heads the group this year and who called for the extraordinary virtual summit.

“We are holding this meeting in response to our responsibility as leaders of the world’s largest economies, to confront the Corona pandemic, which requires us to take firm measures,” added King Salman.

He continued, “The impact of this pandemic has expanded to include economies, financial markets, trade and global supply chains, which has hindered the wheel of development and growth, and negatively affected the gains made in past years.”

“We must strengthen the global preparedness framework to combat infectious diseases that may spread in the future,” he said.

“In the endeavor of the G20 to support these efforts, we must all bear the responsibility of strengthening cooperation in financing research and development, to reach a vaccine for the Corona virus, and to ensure the availability of medical supplies and equipment,” he added.

Finance ministers and central bankers from the G20 countries agreed this week to draw up a “plan of action” to tackle the outbreak that the International Monetary Fund expects to spark a global recession.

Tidros Adhanom Gebresos, Director-General of the World Health Organization, will deliver a speech to leaders requesting increased funding and support for the production of personal protective equipment for medical workers.

“We have a global responsibility as a human community, especially countries like the G20 members,” he told a news conference in Geneva on Wednesday. “It should support countries worldwide.”

Concern is growing about the economic protection measures being considered or adopted, as countries struggle to tackle the outbreak.

The US Chamber of Commerce urged G20 leaders to match pledges made by countries such as Australia and Canada to keep supply chains open and avoid export restrictions.

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