G20 leaders will ‘spare no effort’ to create fair distribution of Covid-19 vaccine

The transcript discusses the G20's initiatives to ensure global vaccine distribution and support for countries affected by COVID-19. It highlights the debt service suspension initiative, which allows countries to reallocate funds to combat the pandemic. The G20 has published an action plan and established a framework for economic support, emphasizing the importance of international cooperation and multilateralism. The G20, along with other multilateral institutions, is committed to supporting vulnerable countries and ensuring no nation is left behind in the fight against the pandemic.

What is the primary goal of the G20 initiatives discussed in the first section?

• To promote tourism in G20 countries

• To increase trade among G20 countries

• To ensure global access to vaccines and therapeutics

• To reduce taxes for multinational corporations

What is the Debt Service Suspension Initiative (DSSI) primarily designed to do?

• Reduce interest rates for developed countries

• Suspend debt payments for countries to focus on COVID-19

• Increase trade tariffs

• Provide loans for infrastructure projects

Which organizations are mentioned as part of the international cooperation efforts in the third section?

• The United Nations and OPEC

• The World Health Organization, IMF, and World Bank

• ASEAN and the African Union

• NATO and the European Union

What is the significance of the Paris Club's involvement as mentioned in the third section?

• They are reducing taxes for G20 member states

• They are focusing on environmental issues

• It marks the first time they have collaborated with the G20

• They are providing military support to G20 countries

What is the G20's stance on multilateralism as discussed in the third section?

• They plan to phase it out

• They support and encourage it

• They are against it

• They are neutral