Regarding commodity trade, the G20 itself is actually an expansion of the cooperation of G7 of developed countries. Regarding commodities, if we want to play a strategic role in this discourse, it’s actually related to WTO
Jakarta (ANTARA) – Deputy Director of the Institute for Development of Economics and Finance (Indef) Eko Listiyanto has said that the strengthening of data and economic diplomacy is the key to realizing the agenda of promoting and encouraging open, fair, predictable and transparent food trade at the G20 forum.
“This momentum is a time to encourage the entry of food trade into the country. Therefore, Indonesia must strengthen data and research,” Listiyanto said when contacted by Antara here on Sunday.
As for foreign trade, the Indef economist added that Indonesia needs to build cooperation with commodity-producing countries in the G20, such as Turkey or other countries.
“Regarding commodity trade, the G20 itself is actually an expansion of the cooperation of G7 of developed countries. Regarding commodities, if we want to play a strategic role in this discourse, it’s actually related to WTO,” he said.
To promote fair and transparent commodity trade, fair policies must first be put in place.
Listiyanto said that Indonesia needed data and economic diplomacy to encourage more transparent and fair global commodity trade.
“Actually, the key factors that have made developed countries win are data and cooperation networks between countries. They can prove it and are able to push agendas related to commodity trade,” he said.
Meanwhile, the Presidency of the G20 Working Group on Agriculture would declare a commitment to address three priority issues in the global agriculture sector, from food security to digital agriculture.
The Head of the Foreign Cooperation Bureau of the Ministry of Agriculture who is also a representative of the Working Group on Agriculture for the G20 2022 Presidency, Ade Candradijaya, said that the agricultural working group had identified three priority issues that would be discussed in the declarations of the ministers of agriculture.
The first priority issue is to build a resilient and sustainable food and agriculture system.
The second issue is to promote an open, fair, predictable and transparent food trade. And the third issue is to encourage innovative agricultural businesses through digital farming to improve the lives of farmers in rural areas.
Source: ANTARA News