G20 energy ministers stress the importance of stimulus packages

Tuesday 29, September 2020 09:59
 
Baghdad / NINA / The energy ministers of the G20 stressed the importance of stimulus packages to enhance comprehensive economic activities, and their commitment to ensuring that the energy sector continues to make a full and effective contribution to overcome the Covid-19 pandemic.

The energy ministers of the G20 approved the measures of producers and consumers to stabilize energy markets.

At the conclusion of the two-day meeting, they said, "They will continue to cooperate to create the conditions for sustainable capital investments, including boosting investments in innovation and skilled labor."

The Kingdom of Saudi Arabia announced yesterday, Monday, that the summit of leaders of the G20 countries, will be held by default on the date specified on November 21-22.


The Saudi government said in a statement, "The summit will focus on protecting lives and restoring growth by dealing with and overcoming the pandemic, and recovering better by addressing the vulnerabilities that were evident during the pandemic and enhancing long-term resilience," according to the Saudi Press Agency (SPA).

She added, "The summit seeks to strengthen international efforts to seize the opportunities of the twenty-first century for all by empowering individuals, protecting the planet, and harnessing innovations to shape new horizons."

And Riyadh announced, earlier, that it would host the G20 leaders' summit in November 2020, for the first time at the level of Arab countries.

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