Know more about G20 Trade, Investment and Industry Working Group.

What is G20 TIIWG?

Know more about G20 Trade, Investment and Industry Working Group.

G20 Trade, Investment and Industry Working Group.

TIIWG is one of the 13 working groups that are part of the Sherpa track. The Ministry of Trade is the supporting agency of TIIWG together with the Ministry of Investment and the Ministry of Industry.

G20 TIIWG

the G20 Trade, Investment, and Industry Working Group (TIIWG), Indonesia will emphasize the importance of international trade, industry, and investment for the achievement of the Sustainable Development Goals or SDGs.

TIIWG has the opportunity to mainstream trade, investment and industry agendas in the context of achieving inclusive SDGs. For this reason, the TIIWG G20 Presidency in Indonesia will take the theme COLLECTIVE ECONOMIC RECOVERY: ALIGNING TRADE, INVESTMENT AND INDUSTRY AGENDA WITH SDGs.

In addition, Indonesia is also in a position to convey that the establishment of TIIWG G20 is an ” innovation ” and ” privilege ” from the Indonesian G20 Presidency as a tangible form of support for global economic recovery.

Priority Issues

Priority Issues raised by Indonesia in the TIIWG G20 Presidency 2022

WTO Reform

Supporting the achievement of SDGs 10 Reduced Inequalities, SDGs 17 Partnership for the Goals and SDGs 8 Decent work and Economic Growth targets.

The Role of Multilateral Trading System to Strengthen the Achievement of SDGs

SDGs 1 No Poverty, SDGs 2 Zero hunger, SDGs 14 Life Below Water and SDGs 17 Partnership for the Goals.

Trade, Investment and Industry Response to the Pandemic and Global Health Architecture

SDGs 3 Good Health and Well Being.

Stronger SDGs for Robust Global Economic Recovery through Inclusive Trade, Sustainable Investment and Industry

This issue will form the basis for three other issues, namely.

• Digital Trade and Sustainable GVCs (SDGs 5 Gender equality, SDGs 8 Decent Work and economic Growth and SDGs 9 Industry, Innovation and Infrastructure)
• Spurring Sustainable Investment to Accelerate Global Recovery (SDGs 8 Decent Work and economic Growth and SDGs 17 partnerships for the Goals.
• Inclusive and Sustainable Industrialization Via Industry 4.0 (SDGs 9 Industry, Innovation and Infrastructure)

Reference :

https://g20sideevents.id/tiiwg/about/tiiwg