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2 clusters · 3 sources · 6 days · First seen · Last updated

Indonesia participation in G20 Trade Ministers' Meeting

Overview

Indonesian Trade Minister Budi Santoso attended the G20 Trade Ministers’ Meeting in Milwaukee, Wisconsin, held from September 30 to October 1, 2026. The meeting was organized under the 2026 United States G20 Presidency to discuss priority trade agendas.

During the sessions, Santoso advocated for a fair, open, and rules-based multilateral trading system aligned with World Trade Organization regulations. The discussions focused on several critical areas, including the elimination of forced labor in global supply chains, the weaponization of food through coercive trade measures, and Most-Favored-Nation (MFN) principles.

Addressing the issue of structural overcapacity, Santoso argued that assessments must be based on “specific, analytical, and evidence-based findings for each sector rather than political labels.” He cautioned that high production capacity or export surges do not inherently indicate structural excess capacity, noting that different sectors have unique production cycles and supply chain structures.

Entities

Budi Santoso · G20 · Milwaukee · World Trade Organization · United States

Timeline

  1. [BUSINESS] 2 sources
    Indonesia addresses trade issues at G20 meeting

    Indonesian Trade Minister Budi Santoso urged G20 members to collaborate on addressing excess capacity, forced labor, and Most Favored Nation tariffs using evidence-based assessments.

  2. [BUSINESS] 2 sources
    Trade Minister Budi Santoso attends G20 meeting in the US

    Indonesian Trade Minister Budi Santoso is attending the G20 Trade Ministers' Meeting in the US to advocate for national interests and a rules-based multilateral trading system.

Sources

antaranews.com · en.antaranews.com · pemilu2024.harianjogja.com