“Multilateral cooperation is essential” – Dagblad Suriname

Addressing the G20 Foreign Ministers’ Summit on July 7-9 on the Indonesian island of Bali around July 7 was, among other things, by the Minister of Foreign Affairs, International Business and International Cooperation (BIBIS). The summit was chaired by Indonesian Foreign Minister Retno Marsudi.

Minister Ramdin participated by invitation as part of the CARICOM Suriname Presidency. He gave a briefing on the CARICOM Heads of State Meeting on 3, 4 and 5 July in Paramaribo, where the focus was on food security, energy security and climate finance. The Minister noted that the Secretary-General of the United Nations, Antonio Guterres, can see that Suriname is one of three CO2 negative countries in the world. “In the era of the global political and economic landscape, it is clear that multilateral cooperation, international solidarity, international law and concrete action can be achieved and are more needed than ever,” Ramdin said.

The minister pointed out that cooperation is no longer an option but a clear necessity. He therefore argued that it is important to promote multilateral tourism, not in the old-fashioned way, but most of all to reimagine, re-perceive and adapt it to the purpose of the challenges of the twenty-first century.

“We need a new, more noble, reliable, adequate and effective multilateral institution, based on the new realities the world faces today. One that is efficient with committed and collective leadership, and solutions-oriented leadership that serves the needs of all countries. For us in the Caribbean with Small island states and low-lying coastal countries, it is important that we pay attention to the current challenges of these countries.”

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Minister Ramdin also indicated that GDP is no longer sufficient as a measurement tool. “CARICOM suggests that the Multidimensional Vulnerability Index should be considered in global arenas to give countries significant eligibility for access to international and financial instruments. We must make sure that we have a reliable and effective international system and in this regard I must say: Now let us be pragmatic and act collectively” , the Minister concluded his contribution.

The Group of Twenty (G20) is a grouping of 19 countries and the European Union. Collectively, the G20 members represent about 90% of the world’s gross national product, about 80% of global trade (including trade within the European Union) and two-thirds of the world’s population.

The G20 aims to be a forum for cooperation and reflection on the international financial system.

The G20 countries are Argentina, Australia, Brazil, Canada, China, Germany, the European Union, France, India, Indonesia, Italy, Japan, Mexico, Russia, Saudi Arabia, Turkey, the United Kingdom, the United States, South Africa and South Korea.

Megan Vasquez

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