G20 Digital Ministers yields consensus on 3 priorities ACN Newswire

G20 Digital Ministers yields consensus on 3 priorities

JAKARTA, Sep 3, 2022 - (ACN Newswire via SEAPRWire.com) - The Digital Economy Ministers Meeting (DEMM) was held in Nusa Dua, Bali, Thursday (September 1, 2022). It was the culmination of the Digital Economy Working Group (DEWG) meetings, as one of working group of the G20 that focuses on issues related to the digital economy and highlights the role of digital transformation on economic and social growth. Communication and Information Minister Johnny G. Plate opened the 2022 G20 Digital Economy Ministers' Meeting in Nusa Dua, Bali province, on Thursday (September 1, 2022). (ANTARA PHOTO/Hafidz Mubarak A/foc/uyu)The DEWG itself discussed three priority issues of the digital economy at the G20 Indonesia Presidency, including digital connectivity, digital skills and literacy, and cross-country data flow.The Minister of Communication and Informatics, Johnny G. Plate, said the DEMM has produced a document called "G20 Digital Economy Minister Meetings 2022; Chair Summary".The document summarizes agreements between the ministers for the digital economy on the three priority issues of the DEWG. "The document shows that for all substantive content, the Indonesian Presidency (G20) has reached consensus from all DEWG members in accordance with DEWG priority issues," Plate said at a press conference, Thursday afternoon. It also summarizes all ideas and dynamics that developed during the series of G20 DEWG meetings presented by representatives of G20 member countries over the past six months. The formulation of concrete steps in the document will be presented as input for President Joko Widodo in leading the G20 Summit which will be held in November.On the first priority issue regarding connectivity and post-COVID-19 recovery, Plate said the meeting agreed on the need for a people center in an effort to strengthen digital connectivity. The meeting, he said, also agreed on the importance of digital security as the key to business sustainability. "The meeting also welcomed various initiatives of the G20 Indonesia Presidency, such as the G20 Digital Innovation Network (DIN), G20 Digital Transformation Expo (DTE), and the smart village and island initiative together with ITU," he said. On the issue of digital skills and digital literacy which is the second priority issue, the DEMM meeting succeeded in compiling the "G20 toolkit for measuring digital skills and digital literacy". The document is useful for standardizing the measurement of literacy indicators and digital skills for more objective public policy making and encouraging international cooperation in overcoming gaps between countries, responding to the challenges of a digital future. "The presidency has also succeeded in compiling a compilation of reports on policies and recommendations to increase meaningful participation of vulnerable groups in the digital economy, as well as a summary document of practices and policies on digital skills and advanced digital literacy," he said. On the issue of free data flow with trust and cross-border data flow, Johnny said the DEWG forum has recognized the efforts of the Indonesian Presidency to initiate discussions on the principles of justice, transparency and legitimacy proposed by Indonesia. "This is a new principle base in cross-border data governance. We all know that data contains at least two important things. The first is that the data has a high economic value, and the second is that the data is related to geopolitics and geostrategy as well as the sovereignty of each nation and state," he explained. The DEMM meeting was attended by digital ministers from the United Arab Emirates (UAE), Singapore, Cambodia, South Africa, Japan, India, Saudi Arabia, the United Kingdom, and the Netherlands. Meanwhile, Australia, Germany and Spain were represented by ministerial representatives. DEMM was also attended by representatives from international organizations, including the Secretary General of the International Telecommunication Union (ITU) and the Under Secretary General of the United Nations and Executive Secretary of the United Nations Economic and Social Commission for Asia and The Pacific (UNESCAP).Written by: Rizka Khaerunnisa, Uyu Liman, Editor: Suharto (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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RI strives to bridge differences in G20 to overcome economic challenges ACN Newswire

RI strives to bridge differences in G20 to overcome economic challenges

JAKARTA, Jul 18, 2022 - (ACN Newswire via SEAPRWire.com) - The third Finance Ministers and Central Bank Governors (FMCBG) meeting within the framework of Indonesia's G20 Presidency kicked off in Nusa Dua, Badung, Bali, on Friday (July 15).The 3rd Finance Ministers and Central Bank Governors (FMCBG) Meeting of G20 in Nusa Dua, Badung, Bali, on 16 July. (ANTARA FOTO/Fikri Yusuf/Pool/wsj)The meeting aims to seek ways to promote better global economic recovery amid the issues or challenges that had become more apparent nowadays."G20 needs to (apply more measures) by taking real actions based on the spirit of coordination, collaboration, and consensus in order to solve global issues," Finance Minister Sri Mulyani Indrawati delivered the statement during the opening of the meeting.In total, 407 delegations were physically present in Bali, and 120 attended the event through virtual means. Some 19 finance ministers and 11 governors of Central Banks were also physically present. Thereby making it the one with the most number of physical attendees during the course of Indonesia's G20 presidency.Minister Indrawati stated that the presence of majority of the delegations of member countries, guest nations, and international organizations demonstrated global commitment and willingness to support the Indonesian G20 Presidency, as well as promote a sustainable economy, especially in the midst of global challenges.Bridging DifferencesIndonesia is committed to bridging various differences and becoming the main supporter of multilateralism in the G20 forum to overcome various current global economic challenges."We want to be an honest liaison. Indonesia will tirelessly seek communications and consultations, so we can continue to build bridges to accommodate the differences," the minister noted while opening the 3rd G20 FMCBG meeting.The 3rd FMCBG meeting discussed seven priority agendas, comprising the current situation and risks of the global economy, health issues, international financial architecture, financial issues, sustainable finance, infrastructure development, and international taxation.Meanwhile, several issues that became part of the priority agenda are the impacts of the Russian-Ukraine conflict on global food, energy, and financial security.On the second day of the meeting on Saturday, Indrawati announced that all G20 members has agreed on the majority of the meeting results despite tensions over Russia-Ukraine conflict.Indrawati conveyed that the meeting succeeded in agreeing on a number of initiatives, and successfully garnering support to overcome various global economic and financial problems."There are 14 paragraphs of the draft on the result of this two-days meeting," Indrawati stated on her speech delivering the results of the meeting.She mentioned that two paragraphs of the result draft containing different views of several G20 members, one of which was regarding the use of the word "war" on several issues.Indonesia and other G20 members, however, should still place the G20 as the world's largest economic cooperation forum that has a long history of solving various global problems.Additionally, Bank Indonesia (BI) Governor Perry Warjiyo has called upon all G20 members to commit to working together to support global economic recovery in order to realize a sustainable, balanced, and inclusive world economy."It is important for us to stay focused on what we have planned to achieve this year," Warjiyo said at the opening of the second day of the G20 Finance Ministers and Central Bank Governors (3rd FMCBG) meeting.Such a focus, according to Warjiyo, will send a positive message to the global community about the role and efforts of the G20 toward supporting recovery.During Saturday's meeting, the G20 finance ministers and central bank governors discussed five topics including COVID-19 exit strategies for ensuring financial stability, climate-related financial risks, crypto assets, financial inclusion and digitization, and initiatives to address new data gaps.Written by: Yuni Arisandy Sinaga, Editor: Fardah Assegaf (c) ANTARA 2022 Copyright 2022 ACN Newswire. All rights reserved. (via SEAPRWire)
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