Davos: The Indonesian Minister of Trade (Mendag) Agus Suparmanto left for Davos, Switzerland, to attend the 50th annual World Economy Forum (WEF) meeting held on 21-24 January 2020. This working visit was a step to increase Indonesian trade cooperation with the global business world.
"This working visit to WEF 2020 is one of our efforts to enhance Indonesia's trade cooperation, not only with government partners, but also with the global business world," said the Minister of Trade Agus, through his written statement on Tuesday, January 21, 2020.
The WEF 2020 raises the theme 'Stakeholders for a Cohesive and Sustainable World' and will present 761 prominent speakers in the fields of economics, health, the environment, and geopolitics.
On this working visit, Agus is scheduled to attend a number of ministerial-level meetings, namely the WTO ministerial-level informal meeting (PITM), the Cairns Group ministerial meeting, a ministerial-level limited meeting that discusses electronic commerce, a ministerial-level limited meeting discussing investment and several other bilateral meetings.
In addition to attending the WEF, Indonesia together with other World Trade Organization (WTO) members also agreed to meet to discuss preparations for the 12th WTO Ministerial Conference in Nur-Sultan, Kazakhstan in June 2020.
"Indonesia is ready to oversee the mission of resolving WTO issues which are still pending and become Indonesia's national interest," Agus said.
Some of the pending issues of the WTO which are Indonesia's top priority are agricultural issues related to food reserves for food security and special safeguard mechanisms (SSM). Other discussions related to fisheries issues related to fishery subsidies, electronic commerce, and investment facilitation.
"Then the issue of intellectual property rights (IPR) non-violation and situation complaints, settlement of the WTO appellate bodies and the issue of special and differential treatment," he said.
The World Economic Forum (WEF) is a non-profit organization of government and private cooperation founded in Geneva 1971 by Klaus M. Schwab, a business professor in Switzerland. This activity brought together world leaders in various fields to discuss economic, health, environmental, climate change, energy, and other issues.
The WEF event is attended by a number of world leaders from government, businesses, academics, economic practitioners, and non-governmental organizations (NGOs).