G20 Summit Bali 2022: 5 Things You Should Know

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This year in November 2022, Indonesia will have a chance to host a G20 summit In Nusa Dua, Bali. This prestigious international event will be attended by 19 countries and one economic region, namely the European Union. These 19 countries comprise South Africa, the United States of America, Saudi Arabia, Argentina, Australia, Brazil, India, Indonesia, the United Kingdom, Italy, Japan, Germany, Canada, Mexico, the Republic of Korea, Russia, France, China, and Turkey.

1. What is G20?

The G20 or The Group of Twenty serves its purpose as a forum where Heads of state and Governments from around the world gather to address global issues which are mainly related to the economy, such as financial stability, trades, policies, and sustainability. Each year, the presidency of the G20 rotates from one country to another.

2. The announcement of Indonesia’s G20 presidency

The appointment of Indonesia as the 2022 G20 Presidency was announced two years ago, when the G20 Summit took place in Riyadh, Saudi Arabia, from 21-22 November 2020. This first time Indonesia is given the trust to host the G20 summit since its formation in 1999. This is a perfect moment for Indonesia to encourage the world to fulfill the policies that can trigger the world’s economic recovery. In addition, the G20 Summit in Indonesia can also provide significant economic, social, and political benefits for the country.

3. The Road to G20 Summit

Indonesia has attempted to plan and establish a number of agendas and series of activities. Approximately, there are around 150 meetings to be held in 19 cities throughout Indonesia. These meetings will be attended by around 21,000 delegates from various parts of the world.

4. The Main Topics of the G20 Summit

The topics that will be the focus of this year’s G20 are the Financial Track and Sherpa Track meetings. At the Financial Track meeting, a number of issues that will be raised are going to revolve around the topic of fiscal, tax, and monetary policy. Meanwhile, in the Sherpa Track meetings, several important issues will be raised including agriculture, anti-corruption, digital economy, sustainable energy, investment, employment, health, environment, development, as well as trade.

5. 2022 G20 Summit in Bali

The G20 Summit is planned to be held in Nusa Dua, Bali. The Nusa Dua area itself already has two convention centers. These convention centers will be used as the venue for the G20 Summit. 16 starred hotels and 3 luxury villas with exclusive services and facilities are also ready to accommodate around 21,000 delegates.

Eye bird view of peninsula island in Nusa Dua area that will held G20  Summit Bali 2022

With the G20 Summit taking place in Bali, the Indonesian government would also like to invite all of you to set your foot again on “The Island of Gods”. Since the fourth quarter of 2021, the government has relaxed the restrictions on Bali’s tourism as a step to revitalize the country’s economy. Starting on 7 March 2022, the Indonesian government applied a quarantine-free period on Bali. A Visa On Arrival (VOA) program will also be granted to 23 selected countries.

Furthermore, the government will continue to make efforts to prevent the spread of COVID-19 by maintaining Indonesia’s status as one of the countries with the highest vaccination rates, as well as Bali’s status as one of the regions with the highest vaccination rate and one of the provinces with highest CHSE (cleanliness, health, safety, and environmental sustainability) certifications that consistently provides health protocols for everyone.

Source: Indonesia Travel