Bali, 22 September 2022 (TDI): The two-day G20 Ministerial meeting on Trade, Investment, and Industry (TIIMM) is scheduled from 22 till 23 September 2022 in Nusa Dua, Bali. The meeting is designed to encourage inclusive and sustainable economic growth among the G20 countries.

Agenda of TIIMM

G20 TIIMM is included in the G20’s Sherpa Track to discuss six priority issues related to Trade, Investment, and Industry. Several Ministerial-level officials, organizational leaders, and delegates are present to attend the G20 Trade, Investment, and Industry Ministerial Meeting.

At the opening of the G20 Ministerial meeting on Trade, Investment, and Industry Investment Minister and Head of the Investment Coordinating Board (BKPM) Bahlil Lahadalia said,

“We need to ensure that sustainable investment is also an inclusive investment, including by encouraging investors to collaborate with local micro, small, and medium enterprises (MSMEs)”.

The forum of Trade, Investment, and Industry raised six priority issues. It includes the reform of the World Trade Forum (WTO), a multilateral roadmap system for strengthening development goals or SDGs.

Moreover, the response of investment trade and industry in overcoming the pandemic and supporting the global health architecture, digital and global value chains was also a part of the agenda of the opening.

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The continuous increase in investment for geoeconomic recovery and sustainable industrialization through industry 4.0 was also discussed in the opening.

The Ministerial meeting gives strong attention to investments that create added value. It also fosters collaboration in the MSME sector and encourages the digital economy as a new driver of the economy.

About G20

G20 is a multilateral cooperation forum comprising the European Union (EU) and 19 major countries all over the world. The multilateral forum brings together the world’s major economies.

Its members account for more than 80 percent of world GDP, 75 percent of global trade, and 60 percent of the population of the planet.