Presiding over the G20 this year, Brazil will coordinate the discussion of important topics for the global economy, ranging from the taxation of large fortunes, through the digitalization of governments, to the expansion of the supply of credit in international organizations.
It takes place between the 18th and 19th of November, in Rio de Janeiro.
One of Brazil’s main proposals is the taxation of so-called super-risks. The country wants to advance the discussion and with a proposal considered “ambitious” by the Minister of Finance himself, Fernando Haddad.
In this case, the . According to the government, this taxation would raise between US$200 billion and US$250 billion annually.
Trade and investments are two of the topics that should also appear prominently in discussions between leaders. The main focus will be on strengthening the coexistence of trade policies with sustainability.
During the Working Group meetings, it was also reinforced that such policies must be consistent with the rules of the World Trade Organization (WTO) and multilateral environmental agreements.
Along the same lines, they should also be .
Discussions about global trade take place amid doubts about one of the main trade agreements for the country, the agreement between Mercosur and the European Union.
One of the main impasses in signing the document is France, which considers that the agreement could harm local farmers.
Another priority is sustainability in discussions about agriculture, through the expansion of global trade as a solution for food and nutritional security.
In food security, the Global Pact against Hunger and Poverty is one of the Brazilian government’s priorities. The initiative will be made official during the G20 Summit. The program will have a series of proposals for strategies to combat hunger, which countries can join.
On the digitalization side, the expansion of global connectivity is one of the points that Brazil will bring to the table, as well as the digitalization of the government itself, aiming to improve public services and data security. The assessment is also that with technological improvements, trade between countries will benefit.
