Policy Recommendations
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Inaugural Plenary
- Governments in developing countries must increase their development budget for social protection, poverty alleviation, health, and education.
- Countries with limited health, social security, poverty alleviation and education budgets should invest in their human development systems.
- Developing countries must utilize external monetary funds/grants to improve social, health, and education infrastructure in their states.
- Positive impacts of COVID-19 should be considered in terms of environment and climate change in order to improve the quality of life.
- Effects of COVID-19 should be analysed in the long run to monitor the world’s preparedness for future consequences of a post-pandemic era.
- Digitalisation of economic trade routes in terms of textiles and exports should be done to overcome economic losses due to the pandemic.
- Pharmaceutical companies must contribute to the development of affordable COVID-19 vaccines.
- Governments of developing countries must explore virtual opportunities of digital transformations in social, health and economic sectors during COVID-19.
- Governments should explore and study the digital transformations that have taken place for increasing national economic revenues and strengthening the job market in developing countries during COVID-19.
- Small and Medium-sized Enterprises (SMEs) must endorse cross-border e-commerce in the COVID-19 era.
- Developing countries must introduce latest technologies and digital tools to reinforce multilateral trade routes.
- Governments must act upon the Shanghai Cooperation Organisation (SCO) Development Strategy 2025 to recover economic losses due to the COVID-19 pandemic.