World Bank urges G20 to refrain from export restrictions for pandemic supplies - SABC News - Breaking news, special reports, world, business, sport coverage of all South African current events. Africa's news leader.

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The World Bank on Monday urged the Group of 20 major economies (G20) to refrain from imposing new export restrictions on critical medical supplies, food or other key products as the world battles the devastating coronavirus pandemic.

) to refrain from imposing new export restrictions on critical medical supplies, food or other key products as the world battles the devastating coronavirus pandemic.

To mitigate the impact on poor countries at risk due to the limited supply of medical goods, the global lender urged G20 countries to eliminate or reduce tariffs on imports of key products needed to fight the pandemic, and lower or temporarily suspend tariffs and export taxes on food and other basic goods.

 

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