Marketplace All-in-One G20 conference wraps up in South Africa
Nov 24, 2025
The G20 conference in South Africa ended with a bold commitment to multilateral cooperation. India and Canada are reigniting discussions on a trade deal. Meanwhile, a three-day strike begins in Belgium over labor issues. In China, the government is urging young people to spend, but record unemployment is making that difficult. Interviews reveal young workers' frustration with low pay and job insecurity, prompting experts to suggest potential policy responses to revive optimism.
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G20 Sticks To Multilateralism
- The G20 summit in South Africa produced a joint declaration committing to multilateral cooperation despite major disagreements.
- South African President Cyril Ramaphosa framed the agreement as shared goals outweighing differences.
EU Sees Africa As Strategic Partner
- The European Investment Bank now prioritizes investment in Africa as a strategic EU interest.
- The EU is already the top trading partner for African countries collectively, reinforcing political and economic ties.
Modi And Carney Restart Trade Talks
- India and Canada agreed to resume bilateral trade talks after a meeting between Prime Minister Narendra Modi and Canadian PM Mark Carney.
- Modi also invited Carney to visit India, signaling diplomatic thawing.