RI Successfully Advances UN Resolution on Financial Inclusion

    Wahyu Dwi Anggoro - 28 November 2019 17:35 WIB
    RI Successfully Advances UN Resolution on Financial Inclusion
    Illustration (Photo:Medcom.id/M Rizal)
    Jakarta: The UN General Assembly Committee II which oversees economic, financial, development, and environmental issues has recently adopted 22 draft resolutions submitted by the Group of 77 (G-77) and China. 

    The G-77 is a coalition of 135 developing countries which are currently chaired by Palestine. 

    According to a press statement released on Thursday, November 28, 2019, Indonesian diplomats had a central role during the negotiation process at Committee II as the facilitators for the resolution of financial inclusion and as the G-77 negotiators/coordinators for the resolution of science, technology, and innovation. 

    Both resolutions successfully garnered the agreement of all United Nations members at the UNGA Committee II Plenary Session.

    “Indonesia's active role in Committee II reflects the the Indonesian Government’s commitment to advance the national interest and fight for the interests of developing countries in the United Nations in terms of economic, financial, and development sector," Indonesia's Permanent Representative to the United Nations in New York, Ambassador Dian Triansyah Djani, was quoted as saying.

    As the facilitator of financial inclusion resolution, Indonesia chaired and facilitated negotiations of all the UN members and negotiating groups, such as the G-77, the European Union, and CANZ (Canada, Australia and New Zealand). 

    The resolution encourages the increase of social economic development and digital innovations in financial sector.

    Together with Thailand, Indonesia also played the role as the coordinators of the G-77 for the resolution of science, technology, and innovation (STI) to fight for the interests of the developing countries in the STI field, especially to achieve Sustainable Development Goals (SDGs). 

    The STI Resolution contains various elements based on the interests of the developing countries, including international cooperation in terms of capacity building, knowledge sharing and technology transfer, and the urgency of fundraising in STI sector.


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