G-20 leaders on Tuesday vowed to keep agricultural trade flows as open as possible during the Covid-19 crisis, according to Law360.
After a virtual conference, agriculture ministers from the G-20 nations issued a joint statement committing to “guard against any unjustified restrictive measures that could lead to excessive food price volatility” as Covid-19 continues to wreak havoc on the global economy.
Following the lead of the G-20 trade ministers, the agriculture leaders said that any food export restrictions should be confined only to emergency situations and structured to be as minimally disruptive as possible.