© Reuters. United Nation Secretary General, Antonio Guterres, conducts virtual press instruction from his workplace in New york city ahead of the annual G20 Summit World Leaders to take place in Riyadh, Saudi Arabia
By Raya Jalabi, Ryan Woo and Andrea Shalal
BEIJING/DUBAI/WASHINGTON (Reuters) – Leaders of the 20 most significant economies on Saturday pledged to make sure a fair distribution of COVID-19 vaccines, drugs and tests around the world and do what was needed to support poorer nations having a hard time to recover from the coronavirus pandemic.
PREPARE FOR THE FUTURE
To prepare for future outbreaks, the EU is proposing a treaty on pandemics.
World Bank President David Malpass alerted the G20 that stopping working to offer more long-term financial obligation relief to some countries now could lead to increased hardship and a repeat of the disorderly defaults of the 1980 s.
The G20 financial obligation relief effort has actually assisted 46 countries defer $5.7 billion in financial obligation service payments, but that is far brief of the 73 nations that were qualified, and guaranteed cost savings of around $12 billion.
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