TEMPO.CO, Jakarta - Coordinating Minister for Maritime Affairs and Investment Luhut Binsar Pandjaitan has pinned high hopes on Indonesia bolstering its role in the region and globally through the G20 Summit.
Pandjaitan remarked that the G20 Summit was not only a showcase of Indonesia's socio-economic progress but also presented an opportunity to introduce Indonesian culture to the world.
"As the host country for G20, we want to increase our global recognition, influence, and power. On the other hand, partner countries are also awaiting our role at the regional and global levels to increase," the minister noted in a statement here, Saturday.
Indonesia becoming a host country in the G20 Presidency could play an important role in its post-pandemic recovery, he added.
"We must capitalize on the momentum to unlock Indonesia's potential and promote our development progress to the world," the minister remarked.
The Indonesian government will be focusing on several sectors affected by the COVID-19 pandemic, such as the tourism sector and micro-small-medium enterprises (MSMEs).
In addition, Indonesia will present its initiatives on sustainable development as agreed in the Paris Agreement, such as energy transition and the use of electric vehicles. However, Pandjaitan reminded that this initiative would not suffice.
"We must also be able to capture the increasing global interest to invest in our country by creating investment opportunities that are in line with the national development goals," he emphasized.
The G20 presidency will officially start on December 1, 2021, after assuming the 2021 G20 presidency from Italy on October 31, 2021.
Themed "Recover Together, Recover Stronger," the G20 Summit is expected to address the imbalance in conditions between Indonesia and the world due to the COVID-19 pandemic.
Based on Presidential Regulation (Perpres) Number 21 of 2021, several activities of the G20 Presidency comprise the G20 Summit, preparation of multitier meetings, and the G20 side events.
The series of G20 events will be held in 19 cities with 150 meetings and is expected to be attended by 20,988 delegates. The 20 participating countries have contributed to 80 percent of the total gross domestic product in the world.
Thus, the G20 is viewed as being able to strengthen the economic sector, such as through focus on trade, investment, employment, agriculture, health, education, human resources, and Sustainable Development Goals (SDG).
The main objective behind holding side events is to ensure that G20 members can gain a comprehensive understanding of the priority agenda from the summit.
The side event is expected to optimize the multiplier effects of the Indonesian economy through promotion, investment, or trade.