UNCTAD to support Indonesia's chairmanship for ASEAN 2023: Minister - ANTARA English

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Jakarta (ANTARA) - Minister of Investment/Head of the Indonesia Investment Coordinating Board (BKPM) Bahlil Lahadalia urged the United Nations Conference connected Trade and Development (UNCTAD) to enactment Indonesia's chairmanship for ASEAN 2023.

This was conveyed by Lahadalia during the courtesy gathering with Secretary-General of UNCTAD Rebeca Grynspan successful Davos, Switzerland, connected Tuesday (Jan 17).

"Collaboration betwixt the Ministry of Investment and UNCTAD has resulted successful the Bali Compendium that was launched astatine the G20 Summit and has go an important bequest of Indonesia's chairmanship of the G20. In future, we anticipation that UNCTAD tin enactment Indonesia's chairmanship for ASEAN successful 2023. There whitethorn beryllium a batch of things to discuss," Lahadalia noted successful an authoritative connection successful Jakarta, Wednesday.

A gathering betwixt Lahadalia and Grynspan was held successful bid to admit the collaboration of UNCTAD astatine the G20 Indonesia Presidency successful 2022, particularly for concern precedence issues successful the Trade, Investment, and Industry Working Group (TIIWG).

Lahadalia underlined 1 of the results from the G20 Summit held successful Bali connected November 2022, the Leaders' Declaration successful paragraph 37 that emphasized the value of collaboration among Micro, Small, and Medium Enterprises (MSMEs).

"I convey UNCTAD regarding the incoming concern that indispensable beryllium successful collaboration betwixt nationalist entrepreneurs and MSMEs. UNCTAD is capable to play a relation successful becoming a mediator successful connecting processing countries and developed countries. If determination was nary UNCTAD, determination volition beryllium nary paragraph 37 successful yesterday's communiqué. Once again, from the bottommost of my heart, representing the Government of Indonesia, I admit it all," helium stated.

Minister besides expressed optimism that the collaboration betwixt the Ministry of Invesment/BKPM and UNCTAD tin beryllium carried retired successful different planetary forums, including astatine Indonesia's chairmanship for ASEAN successful 2023 and during the motorboat of the UNCTAD ASEAN Investment Report 2023, collaboration astatine the ASEAN Investment Area Council Meeting, and engagement successful the ASEAN Coordinating Committee connected Investment.

UNCTAD Secretary-General Rebeca Grynspan expressed willingness to enactment Indonesia's chairmanship for ASEAN successful 2023. According to Grynspan, Indonesia carried retired its enactment successful the G20 precise well, arsenic was evident from it achieving the Bali consensus, among others.

"Regarding Indonesia's chairmanship for ASEAN successful 2023, UNCTAD is acceptable to springiness afloat enactment arsenic we did with the G20. The Bali Consensus is thing that galore radical uncertainty tin happen. Of course, this occurrence is simply a follow-up to the occurrence of the Trade, Investment, and Industry Working Group. Indonesia offers a factual and utile argumentation solution for each of us. Thank you, we volition proceed to enactment unneurotic and warrant that we volition supply a bully program for the advancement of Indonesia and processing countries," Grynspan stated.

UNCTAD was formed successful 1964 to promote the tone of processing countries to bring retired the thought of an economical bid that demanded an alternate to the planetary strategy of the General Agreement of Tariffs and Trade (GATT) and Bretton Woods that was dominated by developed countries.

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