Indonesia's G20 Presidency pushing for open, fair economy

Jakarta, February 18 (ANTARA) - As the G20 President, Indonesia is pushing for an open, fair, and mutually beneficial global economy that allows nations to recover and move forward together from the COVID-19 pandemic, the Foreign Affairs Ministry has said. "We will foreground multilateralism, partnership, and inclusiveness. Indonesia’s Presidency will ensure open, fair, and mutually beneficial global economy,” the ministry’s Development, Economy, and Environment Director General Hari Prabowo said, according to a statement issued here on Friday. He made the statement during a closed focus group discussion organized by the National Innovation and Research Agency (BRIN) on Thursday (February 17, 2022). Themed “Recover Together, Recover Stronger,” Indonesia’s G20 Presidency is focusing on recovering the economy from the impact of the COVID-19 pandemic, he said. It is seeking a recovery that enables all countries to recover and move forward together, he added. The current pandemic condition is a rare momentum to transform the world and make it better, according to Prabowo. Indonesia’s Presidency, therefore, will provide some breakthrough platforms for such transformation in various areas, he added. Indonesia is focusing on three sectors during its Presidency. The first is strengthening global health architecture that will provide global resources to meet challenges amid the current pandemic and health emergencies in the future, he noted. The second is digital transformation that will ensure inclusive digital transition for economic growth and development, he informed. Meanwhile, the third prioritized sector is sustainable energy transition that will push the G20 to play a role and ensure clean and cheap technology, he added. Based on those three prioritized sectors, Indonesia will try to get the G20 to come up with concrete measures despite its norm-setting and norm-shaping nature as a multilateral forum, he highlighted. “This (Presidency) will be our challenge, and all parties should be involved to achieve the G20’s goals in line with the President’s directives,” he stressed.