Bali, 15 November 2022 (TDI): President of Turkiye, Recep Tayyip Erdogan met the MIKTA (Mexico, Indonesia, the Republic of Korea, Türkiye, and Australia) leaders on the sidelines of the G20 summit in Bali.

In a joint statement, it was said that this year marks ten years of the first G20 meeting was held in Mexico in 2012. In that meeting, the leaders discussed the concept of establishing MIKTA  as an inter-regional, advising cooperation for the first time.

Also read: All You Need to Know About G20 Summit

The joint statement said that at this time of multidimensional challenges, the member nations are dedicated to promoting global peace, stability, and prosperity.

Moreover, the members thanked Turkiye for chairing MIKTA this year. They also congratulated Indonesia and President Widodo for successfully hosting the G20.

Lastly, it was said that under Indonesia’s MIKTA Chairmanship in 2023, the members will cooperate to achieve their goals.

Background of the Cooperation

MIKTA is a grouping of leaders from Mexico, Indonesia, the Republic of South Korea, Turkiye, and Australia. MIKTA is an informal forum for cooperation and dialogue among Mexico, Indonesia, the Republic of Korea, Turkiye, and Australia.

The Foreign Ministers of these countries established MIKTA on September 25, 2013, during the 68th UN General Assembly.

This cooperation aims to improve global governance’s efficiency while positively contributing to regional and global concerns.

The group’s membership is diverse in terms of culture, socioeconomic status, and geography, which gives it a distinct viewpoint.

It is cross-regional, values-based cooperation with a number of significant elements in common. These commonalities provide foundations for mutual cooperation.

The partnership’s diversity enables the members to exchange knowledge and viewpoints coming from various experiences.

The member nations also aim to improve their political and economic ties. Moreover, each member has economic and strategic influence in their region.