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With G20 leaders, Biden unveils steps to alleviate global supply chain problems
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US President Joe Biden, faced with growing complaints at home about supply chain problems that have slowed economic recovery and pushed prices up, on Sunday announced new measures to ease global support after meeting with his G20 counterparts. in Rome.
A White House statement said a summit in Rome on “supply chain resistance” included Biden, the European Union and the leaders of 14 other countries including India, Australia and South Korea.
At a conference Sunday, Biden said leaders would work “to make sure we have access to all the product we need, from shoes to furniture to electronics to cars … to make sure “Against these future shocks, whether it is a pandemic, climate change or disasters.”
With manufacturers, retail business and “most of our citizens” severely affected, Biden said earlier, “We can not go back to business as usual.”
The supply summit, the White House said, aimed to “foster greater international cooperation on short-term supply chain disruptions and design a course to strengthen and diversify the entire supply chain ecosystem over the long term.” – from raw materials … to shipping, logistics, storage and distribution. “
Supply chain problems and labor shortages have been a drag on an already uneven economic recovery, raising prices and raising fears among economists, politicians and ordinary Americans over an extended period of higher prices.
US Secretary of Transportation Pete Buttigieg has said supply problems are likely to continue next year.
Biden said leaders in Rome had discussed a series of actions to correct blockages, cut red tape and “reduce the burden we are facing”.
Among the concrete steps planned by the United States, the White House said, would be to provide new financial assistance to Mexico and Central American countries to resolve logistical support, as well as to Southeast Asian countries to help them. improve customs procedures.
The statement said Biden would issue an executive order aimed at simplifying the supply chain affecting key military materials.
An international summit still planned next year will bring together private companies, labor organizations and government agencies to explore further solutions, the White House said.
“Coordination is key,” Biden said. “We have to work together.”
(AFP)
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