The Labour 20 gives evaluation of the G20 St.Petersburg Summit outcomes
The ITUC-TUAC Secretariat issued a Labour 20 evaluation of the G20 St.Petersburg Summit, having focused on the G20 economic policies and future actions on jobs and income inequality, and providing comments on the Saint Petersburg Action Plan. Progress made at the Joint G20 Finance and Labour Ministers Meeting in July on quality jobs, collective bargaining, rights at work, and inequality is reflected in the G20 Leaders' Declaration.
The G20 Leaders also endorsed the Action Plan on tax evasion by multinationals, which is a decisive step towards combating tax evasion, as well as an agreement on automatic exchange of information on tax evasion. The Labour 20 evaluation strongly supports these commitments made by the Leaders.
The evaluation also addresses other main items of this year's G20 agenda, including long-term investment financing, financial reform, global trade and the St.Petersburg Development Outlook. Finally, it also previews the Labour 20 engagement in the Australian Presidency's activities - starting in December.
The key future issue, according to the Labour 20, will be whether clauses of the Declaration are followed up by a change of government policies. The follow-up on jobs commitments will be one of the issues on the agenda of the final meeting of the G20 Employment Task Force under the Russian Presidency to be held at the ILO in Geneva on October 18. The Labour 20 will prepare an analysis of the commitments in the Action Plan and will be in touch with its affiliates from the G20 countries in order to track the implementation of these commitments.