Jakarta (ANTARA) - The Ministry of Investment / Investment Coordinating Board (BKPM) together with the Ministry of Trade and the Ministry of Industry as members of the G20's Trade, Investment and Industry Working Group (TIIWG) will hold the second TIIWG meeting in Surakarta City, Central Java, on July 5-7, 2022.

The second TIIWG meeting will discuss three issues, namely WTO (World Trade Organization) reform, the response of trade, investment and industry to the pandemic and the global health architecture, as well as encouraging sustainable investment to restore the global economy.

Minister of Investment/Head of BKPM Bahlil Lahadalia said in a statement here on Sunday that the TIIWG meeting could hopefully yield concrete results in the investment, industry, and trade sectors in line with the goals of the Indonesian G20 Presidency, namely global health architects, digital economic transformation, and energy transition, and particularly collaboration in sustainable and inclusive investment.

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"Through this TIIWG meeting, we hope to accelerate the realization of economic transformation, one of which is through sustainable and inclusive investment. We must take advantage of the momentum of Indonesia's G20 Presidency this year," he said .

In the previous TIIWG meeting, three issues were discussed, namely the role of the multilateral trading system to accelerate the achievement of Sustainable Development Goals (SDGs), digital trade and sustainable global value chains, and sustainable inclusive industrialization through Industry 4.0.

The second TIIWG meeting will also be highlighted with a welcome dinner at the Kasunanan Palace, a MSME product expo, a G20 cultural carnival and Solo Batik Carnival, as well as a gala dinner at the Surakarta City Hall. .

The meeting will be attended by delegations from 20 G20 members, 11 invited countries, and seven international organizations.

The second TIIWG meeting is part of a series of activities for the Indonesia G20 Presidency in 2022. The G20 Summit will be held in Bali in November 2022.

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Translator: Ade Irma J, Fardah
Editor: Rahmad Nasution
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