Jakarta (ANTARA) – Finance Minister Sri Mulyani indrawatimet her Indian counterpart, Nirmala Sitharaman, in Bangalore, India, on Thursday, February 23, 2023, during which she expressed Indonesia’s support for India’s G20 priority agenda.”Indonesia will always be ready to support the priority agenda of India’s G20 Presidency and inherited agenda from the Indonesian G20 Presidency,” Minister Indrawatisaid in an official statement received here on Friday.

She pointed out that multilateral collaboration in trade and investment to address global issues, such as the energy and food crises, has become increasingly crucial.

India has brought up eight priorities in its G20 presidency, such as improving the Multilateral Development Bank to address current global issues; managing global debts; funding for inclusive, resilient, sustainable future cities; and coordinated global approach on crypto assets without collateral.

Moreover, it aims for financial inclusiveness and benefit from productivity; funding to assist in addressing the impact of climate change and sustainable development; improving coordination on financial aspects, including on pandemic fund; and international tax.

Minister Indrawati emphasized that Indonesia’s duty had yet to end despite its G20 presidency having already concluded back in 2022. Indonesia is still part of the G20 Troika with India that holds the 2023 G20 presidency and Brazil, which will hold the G20 presidency in 2024.

She also said thatIndonesia welcomes inputs and suggestions from ASEAN, particularly about sustainable finance and green economy, in order to ensure good performance during Indonesia’s chairmanship in 2023.

“May collaboration among G20 member countries, particularly India and Indonesia, be developed better for the sake of a better future,” she said.

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Source: Antara News Agency