G-20 Forum, Indonesia Emphasizes Free and Fair Trade World

Nagoya, MINA – Indonesian Foreign Minister Retno LP Marsudi attended the G-20 Foreign Ministerial Meeting in Nagoya, Japan on Saturday. She said the world was waiting for an example from G20 member countries regarding free and fair trade and global governance.

“The world is waiting for the results discussed in this meeting,” said Foreign Minister Retno at the meeting.

In a meeting attended by the Foreign Minister of 20 largest economies in the world, Foreign Minister Retno conveyed two main issues related to global governance and trade today.

First, Indonesia emphasizes the relevance of free and fair trade in a world that is characterized by world instability, increasing trade and geopolitical tension and weakening global growth.

“Global trade must prioritize a win-win approach, not zero-sum,” said Retno.

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She continued Indonesia has always been committed to promoting free and fair trade. The commitment was realized by Indonesia to bridge the completion of free trade agreements with various countries.

Second, Indonesia emphasizes the importance of global leadership in realizing world governance today.

“The G-20 forum must be a platform and model for global leadership. Global leadership must strengthen the values of multilateralism that can promote world peace, stability, and prosperity “said the Indonesian Foreign Minister.

In addition to these two things, Foreign Minister Retno also underlined the importance of building a sincere partnership with Africa. Mutually beneficial partnerships and commitments to grow together with African countries are forms of cooperation that must be developed with Africa.

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“We must fully support solutions that come from Africa. For Indonesia, the African Region is one of the priorities of Indonesia’s Foreign Policy, “said the Indonesian Foreign Minister.

In 2018, Indonesia held the Indonesia-Africa Forum and continued with the Indonesia-Africa Infrastructure Dialogue in 2019. It was done to build mutually beneficial economic and development relations with African countries, especially in the field of infrastructure.

On the sidelines of the G-20 meeting, Foreign Minister Retno also held bilateral meetings with Foreign Ministers of New Zealand, Japan, Australia, Chile, the Netherlands, the Minister of Commonwealth Affairs, the United Nations and South Asia of the United Kingdom and the Governor of Aichi Prefecture.

The G20 Foreign Ministerial Meeting is the closing meeting of the Japanese Presidency at the G20 2019. After Japan, the G20 Presidency will be held by Saudi Arabia (2020), Italy (2021), India (2022) and Indonesia (2023) respectively.

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Saudi Arabia has announced that the G20 Sherpa meeting under the Presidency of Saudi Arabia will be held in Riyadh, 4-5 December 2019.

The G20 is a cooperation forum for the world’s major economies that collectively represent 85 percent of world GDP, 75 percent of global trade and 2/3 of the world’s population.

The G20 itself consists of 19 countries, namely: the United States, South Africa, Argentina, Australia, Brazil, China, Canada, Japan, Germany, India, Indonesia, Italy, South Korea, Mexico, France, Russia, Saudi Arabia, Turkey, and 1 group Regional (European Union). (T/Sj/P2)

Mi’raj News Agency (MINA)