Chair of B20 Indonesia Shinta Widjaja Kamdani stated that her administration encouraged discussion of the priority agenda during the B20 presidency in November through meeting with Japanese business players and Japan External Trade Organization (JETRO).
“We offer the opportunity to Japanese business players, particularly those facilitated by JETRO, to collaborate and come in the B20 Indonesia Summit that will be hosted in November 2022 in Bali. We believe that Japan has a strategic position to support B20’s theme,” Kamdani noted in an official statement on Friday.
All along, Japanese had contributed significantly to Indonesia’s economic development, particularly in electric infrastructure. Japan had built 11 thousand megawatts of electric infrastructure, which supplied 20 percent of the electricity in Indonesia.
Kamdani remarked that B20 would result in two important outcomes: creation of a carbon trade hub and B20 Wiki, a platform to improve penetration of MSMEs’ products in the global supply chain.
The recommendations readied by B20 Indonesia were based on those from the trade and investment task force; the energy, sustainability, and climate change task force; and the digitalization task force that were closely related to what was produced in 2016 during Japan’s B20 Presidency.
The B20 Indonesia chair expressed belief that trade and investment could only recover fully if there was support for fair, open, and efficient global trade as well as well-managed multilateral investment, through WTO reforms.
“Sustainability is an important issue that is being promoted during Indonesia’s B20, one of which is through the energy, sustainability and climate change task force, which we believe will be able to encourage increased global cooperation in pursuing energy transition and ensuring fair, orderly, and affordable implementation of energy transition among developing and developed countries,” she stated.
Indonesia’s cooperation with Japan was also believed to better Indonesia’s process in energy transition through the development of technology that utilized renewable energy sources, support for policy development, and human resource development, as well as the transfer of knowledge related to energy transitions and the technology used.
“Policy recommendations of the Digitalization Task Force are related to the development of adequate infrastructure, encouraging transaction security, and encouraging MSMEs to be ready in terms of digital literacy and skills as well as promoting risk-based cyber security standards,” she concluded.
Source: Antara News