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Friday, 12 March 2021 16:44

Diplomatic Corner

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Indonesian Ambassador to Turkey, Lalu Muhamad Iqbal at the Bosphorus Summit held in Istanbul, Turkey, March 8-9, 2021 promoted the digital economy which can be one of the solutions from the global economic stagnation due to Covid-19 outbreak. In a written statement from the Indonesian Embassy in Ankara on Tuesday (9/3), he stated that the digital economy is cross-border and it is not blocked by distance and sector. Quoting Oxford Economic data, Ambassador Iqbal also explained that the world's digital economy value in 2016 was US$ 11 trillion dollars or equivalent Rp158,640 trillion. By 2025, it will be US $ 23 trillion dollars or about Rp.331,703 trillion. In 2021, the value of Indonesia's digital economy is estimated to reach US$ 40 billion dollars or about Rp.676.9 trillion. While in Turkey, the value of the digital economy is approaching US$ 15 billion and it is targeted to reach US$ 30 billion or about Rp.432.7 trillion by 2023.

The Bosphorus Summit is a strategic forum in the Balkan region which is held in Istanbul, Turkey annually. The forum was attended by chief executive officials, policy makers, politicians, academicians, senior journalists, as well as social activists and NGOs from countries in the Balkan region. The 11th edition of the  Bosphorus Summit is the first international scale strategic forum  held in Turkey since the outbreak of Covid-19 occurred last year. The Indonesian Embassy in Ankara becomes a strategic partner at  Bhosporus Summit this year.

Read 661 times Last modified on Saturday, 27 March 2021 08:03