India will assume the Presidency of the G20 for one year from December 1, 2022
As Bali is set to host the G20 Summit in November this year and will hand over the baton to India, the Indonesian envoy said that India will be an "excellent champion" in hosting G20. While addressing a gathering in New Delhi today, the Indonesian Ambassador to India, Ina Hagniningtyas Krisnamurthi highlighted the expectations that Indonesia will have while hosting the G20 summit amidst the geopolitical tensions which she referred to as an "eye-opener" to the entire world and that no country or region is immune to such things.
"Hopefully we will have a joint communique. We will have an agreed document by consensus and hopefully, we will be a good host to everyone coming to Bali. The 21st century is Asia's century and I believe that India and Indonesia will play a significant role. I believe that India will be an excellent champion in hosting G20", she said.
The Ambassador also congratulated India on becoming the fifth largest economy in the world and hopes that the bilateral trade between Indonesia and India will reach 50 billion US dollars by 2030.
"Indonesia and India have undeniably recovered stronger and recovered tougher. India has been consistent in supporting pharmaceuticals in Indonesia. India is of course becoming the third largest economy in the world by 2030. I would congratulate India on surpassing the UK as the fifth largest economy", she said.
"We (Indonesia and India) have reached 21 billion US dollars. But our leaders said that their vision is 50 billion US dollars in 2030 so we do hope that we do reach the vision of our leaders", she added.
India will assume the Presidency of the G20 for one year from December 1, 2022, to 30 November 2023.
The Group of Twenty is an intergovernmental forum of the world's major developed and developing economies. It comprises 19 countries, as reported by ANI, a partner of TV BRICS.
"We have made a lot of partnerships with the participants, businessmen and government officials that came in to strengthen the ties and partnerships between our companies. And Cameroon, which is our country, and Africa at large. We know the relationships that have been established between Russia and African countries, Russia and BRIC countries, it make us really sure that something new will come up in Africa, something new in the era of development."