According to a joint statement issued after a video conference last week, the ministers agreed to support the availability and accessibility of essential medical supplies at affordable prices, on an equitable basis, where they are most needed and will guard against profiteering and unjustified price increases.
The ministers also called for working together for a free and fair international trade. The Ministers stated that they will take immediate necessary measures to facilitate trade in those essential goods.
The leaders of the G20 last week pledged to inject USD 5 trillion into the global economy to counter the pandemic amid forecasts of deep recession.