VOI - Voice of Indonesia | RRI - Radio Republik Indonesia

The G20 Foreign Ministers' Meeting (G20 FMM) in Bali from July 7 to 8, 2022, will serve as a strategic forum for discussing global recovery efforts.

The meeting will be themed “Building a more peaceful, stable, and prosperous world together.”

The G20 FMM will have two sessions. The first session on strengthening multilateralism will discuss joint steps to strengthen global collaboration and build mutual trust among countries to create an enabling environment for world stability, peace, and development, according to a statement received from the Indonesian Ministry of Foreign Affairs here on Wednesday.

At the first session, UN Secretary General Antonio Guterres and Prof. Jeffrey Sachs from Columbia University will share their views on the empowerment of multilateral principles and forums amid the current geopolitical situation.

Meanwhile, the second session of the G20 FMM on food and energy security will discuss strategic steps to overcome the food crisis, fertilizer shortage, and rising global commodity prices.

"Rising commodity prices and disruption of global supply chains have had major impacts on developing countries. For this reason, the G20, as an economic forum representing various regions of the world, has the power to discuss these issues comprehensively to find sustainable socioeconomic solutions," the ministry said in the statement.

For the second session, Indonesia has invited three special speakers—executive director of the World Food Programme, David Beasley; special representative of the UN Secretary General for sustainable energy for all and co-chair of UN-Energy, Damilola Ogunbiyi; and managing director of the World Bank, Mari Elka Pangestu.

The three speakers will provide insights into the impacts of the current conflict on the global economy and development.

Moreover, on the sidelines of the G20 Foreign Ministers' Meeting, Indonesian Minister for Foreign Affairs, Retno Marsudi, will hold several bilateral meetings with foreign ministers from some G20 member countries and other invited countries.

The G20 foreign ministers will be convening at a time when the world is struggling with unprecedented challenges, such as climate change, the COVID-19 pandemic, and the growing food security crisis.

Along with the global impact of the Russian invasion in Ukraine, the G20 members will also discuss its consequences on inflation, economic security, international energy markets, and peace and security.

Collectively, the G20 members represent around 80 percent of the global economic output, two-thirds of the world population, and three-quarters of international trade.

The G20 nations include Argentina, Australia, Brazil, Canada, China, the European Union, France, Germany, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, South Africa, South Korea, Turkey, the United Kingdom, and the United States.

The G20 is a strategic multilateral platform that connects the world's 20 major economies. It plays a strategic role in securing the future of global economic growth and prosperity.

As the 2022 G20 president, Indonesia is prioritizing cooperation for strengthening the global health architecture, digital transformation, and energy transition.

In view of the situation in Ukraine, issues related to food security will also be widely discussed at G20 meetings.

The series of G20 meetings under the Indonesian Presidency started on December 1, 2021, and will culminate with the Bali Summit on November 15–16, 2022.  (Antaranews)