Benefits of the 2022 G20 Presidency for Indonesia

G20 Economic Issues

Many benefits Presidency G20 Indonesia. With various activities throughout the year, of course, there are many strategic benefits from the G20 Presidency. This potential can be measured from the economic aspect, foreign policy, and social development.

First, it is hoped that the G20 Presidency will have a direct impact on the economy, by increasing the country’s foreign exchange earnings. More than 20 thousand international delegates are expected to attend the meeting which will be held in various regions in Indonesia.

Previous experience in the Presidency of Turkey, Argentina, China, and Japan shows a positive impact on the country. It was recorded that the number of visits by international delegates reached more than 13 thousand. It is also estimated that each G20 Summit generates more than $100 million in revenue for the host country.

Second, in the political field, as Chair of the G20, Indonesia can encourage cooperation and initiate concrete results in the three priority sectors, which are strategic for recovery.

This is a momentum for Indonesia to gain credibility or the world’s trust, in leading the global recovery. In diplomacy and foreign policy, credibility is a very valuable asset.

Third, in the field of sustainable economic and social development. The G20 presidency is a momentum to show that ‘Indonesia is open for business. There will be various showcases or events showing the progress of Indonesia’s development, and the potential for investment in Indonesia.

It is hoped benefits Presidency G20 Indonesia this will have the opportunity to create a multiplier effect for the regional economy because it contributes to the tourism sector, accommodation (hospitality), transportation, and the creative economy, as well as local MSMEs.

Especially for CV. Bonafide Anugerah Sentosa as coconut sugar manufacturer and exporter. We want to participate in Summit Side Event “Enabling Inclusive Development Through South-South and Triangular Cooperation”. We will attend with various superior products of coconut sugar and other coconut derivative products.