Suggesting The G20 To Discuss The Impact Of US-China Domination On Developing Country Economies, Transnational Institute Researcher: ASEAN Countries Must Cooperate

Researcher of the Transnational Institute Rachmi Hertanti. (Photo: Doc. Antara/Personal Document)

JAKARTA - Transnational Institute researcher Rachmi Hertanti stated that the G20 Presidency held by Indonesia should be able to lead to discussions on the impact of the domination of the United States and China on the economies of developing countries. According to her, this is because developing countries are very dependent on investments from the two camps, which are needed for the national development agenda.

"In the context of developing country interests, the G20 under the Indonesian presidency should be used to discuss the impact felt by developing countries, especially in Asia, from this US-China domination battle," said Rachmi Hertanti, quoted by Antara, Sunday, May 29.

She gave an example, ASEAN's Indo-Pacific agenda could actually be a catalyst for existing conflicts, where ASEAN has the opportunity to be the game-setter.

"But of course, the conditions must be compact. This is difficult, because ASEAN itself is fragmented, especially when dealing with the South China sea conflict," said the graduate of the master's program from UI International Trade Law.

Rachmi emphasized that developing countries in the G20 must be consistent in not taking a position or getting caught up in one-sided action when promoting their interests. For example, how can Indonesia ensure that all developing and poor countries in the world can access vaccines, including the supply of raw materials and technology to produce vaccines as a form of independent production.

Indonesia, she continued, must be able to lead the discussion on multilateral rules, particularly with regard to flexibility and special treatment that are urgently needed for developing and least developed countries.

Rachmi, who once served as Executive Director of Indonesia for Global Justice (IGJ), argued that the regulation opened up space for industrialization development.

"Including, how Indonesia can lead the discussion regarding the rejection of unilateral trade actions from several developed countries which ultimately hampers access to developing countries' markets and has an impact on various acts of discrimination," she said.