JAKARTA - Deputy Minister of Foreign Affairs of the Republic of Indonesia, Arrmanatha Nasir, said that the current economic transformation is no longer an option, but must, but remind that it must be oriented towards justice and people's welfare.
This was conveyed by the Deputy Minister of Foreign Affairs, his nickname, while attending the 16th UN Trade and Development Ministerial Conference (KTM UNCTAD16 in Geneva, Switzerland earlier this week.
In his remarks, the Deputy Minister of Foreign Affairs highlighted the multidimensional crisis that is being faced by the world and emphasized the importance of reforming global economic governance to be more inclusive and responsive to the challenges and needs of developing countries.
"This transformation is no longer an option, but must be existential for the sustainability of mankind," said Deputy Foreign Minister Tata, launching a statement from the Indonesian Ministry of State, October 23.
Deputy Foreign Minister Tata emphasized that the transformation was not carried out to pursue benefits, but for the welfare of the people.
"The transformation of the global economy must be oriented towards justice and people's welfare. The goal is not only to pursue profits, but to raise the dignity of people's lives," he said.
KTM UNCTAD16 was held at the UN Office, Geneva, Switzerland, on October 20-23, 2025. The meeting raised the theme "Shaping the future: Driving Economic Transformation for Equitable, Inclusive and Sustainable Development".
About 90 ministers and deputy ministers from various member countries attended this meeting.
Furthermore, the Deputy Minister of Foreign Affairs of Tata explained the work priorities of the Prabowo-Gibran Government which is based on the spirit of economic transformation and places the interests of the people at the heart of the national development agenda.
"Through the Free Nutrition Food Program, Indonesia presents a transformation of development through nutrition, strengthening health, education and equality, as well as empowering rural economies," said Deputy Foreign Minister Tata.
"In addition, Indonesia also continues to encourage industrial digitization and downstreaming to increase added value, create jobs, and support national energy and resilience transitions," he added.
In line with his speech at the General Debate session, at the G77+China Group Ministerial Meeting, the Deputy Minister of Foreign Affairs Tata also encouraged the transformation of UNCTAD which is more agile and responsive to the challenges and needs of developing countries.
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As the PBB's focal point in trade and development, UNCTAD plays an important role in helping developing countries through capacity building, policy research, and dialogue forums between countries.
It is known, the UNCTAD KTM, which is held every four years is the highest decision-making forum to determine the strategic direction of UNCTAD in the future.
KTM UNCTAD16 is led by the Vice President of Switzerland and has agreed on a Geneva Consensus document as a UNCTAD work reference for the next four years.
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