Jakarta, The Indonesia Post – Indonesian Minister of Foreign Affairs Retno Marsudi conveyed the progress of preparations for the G20 high-level conference (Summit) in front of ministers from a group of developing countries at the Global Governance Group Forum in New York, United States on Wednesday (21/9).
“In front of this forum, last year, I presented the vision of Indonesia’s G20 presidency that focuses on global recovery. Today, a year later, the challenges we face are different, geo-political tensions are heating up, the food and energy crisis caused by the war in Ukraine, and new challenges are health issues,” said Retno when opening her speech at the meeting.
“Of course, as the President of the G20, Indonesia does not remain silent. Indonesia makes adjustments to ensure that the G20 remains a catalyst for global economic recovery,” said Retno, as stated in a statement from the Ministry of Foreign Affairs received in Jakarta, Thursday.
Furthermore, Retno said that the Indonesian G20 presidency was focused on concrete results.
“This is the first time that G20 concrete deliverables are focused not only on its members, but for all countries. There are 243 proposals from countries and 43 proposals from international organizations, which will benefit all, especially developing countries,” she said.
Retno also mentioned several other prominent achievements during Indonesia’s G20 presidency.
First, in the health sector, it was agreed to establish the Financial Intermediary Fund (FIF), which has raised funds of US$1.4 billion for the prevention of future pandemics.
Second, in the digital sector, a Digital Innovation Network (DIN) has been established which connects international start-up companies to share experiences and funding.
Third, in the energy sector, various collaborations, especially for clean energy and reducing carbon emissions, have been prepared and agreed upon.
“As the G20 Summit draws near, we must not be trapped by heated geopolitical dynamics. We must continue to ensure that the G20 produces favorable results for all of us. Therefore I hope for support from all parties,” said Retno, closing her speech.
The ministerial meeting of the Global Governance Group Forum was chaired by Singapore’s Foreign Minister Vivian Balakrishnan and attended by representatives of developing countries, including the Philippines, Brunei Darussalam, Bahrain, United Arab Emirates, Costa Rica, Guatemala, Jamaica, and Botswana. (mhn/bbs)