“17th G20 Summit will take place in Bali on Nov. 15-16”

By Vice Chairpersons Joy Cho, Song Na-ra

“The 17th G20 Heads of State and Government Summit will take place in Bali, Indonesia on Nov. 15~16 in Bali, Indonesia,” said Ambassador Gandi Sulistiyanto of Indonesia in Seoul.
Speaking at a media briefing on the G20 summit held at the Embassy of the Indonesia in Yeouido, Seoul on June 3, Amb. Sulistiyanto said, “The summit will be the pinnacle of the G20 process and intense work carried out within the Ministerial Meetings, Working Groups, and Engagement Groups throughout the year.”

Amb. Sulistiyanto then added, “The G20 summit is a strategic multilateral platform linking the world's major advanced and emerging economies.”
Noting that the G20 plays a strategic role in securing future global economic growth and prosperity, Amb. Sulistiyanto added, “The G20 members account for more than 80% of world GDP, more than 75% of international trade, and more than 60% of the world's population.”

The G20 summit, which started in 1999 from the finance ministers and central bank governors, has developed into an annual summit involving heads of state and government.
In addition, Sherpa meetings (negotiation between leaders and consensus building) working groups and special events are held throughout the year.

Why forward Indonesia-Korea in 2022:
Utilization of regional comprehensive Economic Cooperation and Indonesia-Korea Comprehensive Economic Partnership Agreement (K-CEPA) to increase trade volume significantly
Sending of trade and investment missions to Indonesia and Korea to boast people to people exchange and more understanding of both countries vast economic opportunities 
Deeping cooperation and debottlenecking of economic, trade and investment issues, particularly in energy transition digital economy, health and global supply chain 

Priority Issues
During Indonesia’s presidency of the G20
1. Strengthening Global Health Architecture.
To Prepare global resources and resilience against future pandemics and health emergencies
2. Sustainable Energy Transition
Encourage the G20 to play a role in ensuring the availability of affordable clean technologies
3. Accelerate digital Transformation
A catalyst to recover from the pandemic and ensuring an inclusive digital transition for growth and development

Time Line:
2022. 2.17~2022.2.8 - Finance 
1st Finance Ministers’ and central Bank Governors’ Meeting
2022. 7.7~2022.7.8 Foreign Affairs
Foreign Minister’s Meeting
2022.9.1 ~ 2022.9.2 
Digital Minister’s Meeting
2022.10.27 ~ 2022.10.28 Health
2nd Health Ministerial Meeting
2022.11.15~2022.11.16 B20 Summit
Leaders of G20 Countries business Communities will present policy recommendation to leaders of G 20
2022.11.15 ~ 2022.11.16 G20 Summit
17th summit to culminate Indonesia’s presidency