What is G20?
The G20 Presidency is a multilateral cooperation meeting forum between the 19 main countries of the European Union (EU) which is held every 20 years. This time, Indonesia was honored to be the host with the theme “Recover together, Recover Stronger”.
Through this theme, Indonesia invites the whole world to hold hands and support each other to come back together and grow stronger and more sustainable in order to create a better future.
Held from December 1, 2021 to November 30, 2022, there will be 18 thousand delegates from various countries and 150 meetings will be held in 19 cities in the country.
The G20 presidency will hold important meetings, namely Summits, Ministerial and Deputies Meetings, and Working Groups, during this period.
Being the host of this grand meeting, Indonesia has a lot of potential and benefits. What is g20 benefits for Indonesia can bring various significants positive impacts to Indonesia’s economic, especially in the post-pandemic economic sector.
Want to know more about how the impact that can be felt by Indonesia through this important meeting, let’s continue reading below.
What is G20 Benefits for Indonesia’s Tourism
You may wonder what is G20 can give a significants impacts to Indonesia’s economic, mainly in tourism. Becoming the center of world attention, the G20 Presidency will be the venue for the introduction of Indonesia’s tourism, culture, and superior products to the international world.
The G20 represents more than 60% of the world’s population, 75% of global trade and 80% of the world’s GDP. The G20 members consist of South Africa, United States of America, Saudi Arabia, Argentina, Australia, Brazil, India, Indonesia, United Kingdom, Italy, Japan, Germany, Canada, Mexico, Republic of Korea, Russia, France, China, Turkey and the European Union.
This momentum is a golden opportunity for businesses to take advantage to promote their business. As quoted from the Opening Ceremony of the G20 Presidency, the Indonesian Minister of Economy, Airlangga Hartanto said that there would be as many as 33 thousand jobs created, increasing domestic consumption by around Rp. 1.7 trillion, increasing national GDP by Rp. 7.4 trillion as a result of the G20 Presidency. Through these meetings, it is hoped that they can help significantly improve the Indonesian economy after the post-pandemic period.
It is undeniable that the existence of the G20 is a great opportunity for Indonesia, as the host in ranking the economy. The meeting, which brought together 20 countries in the world, made the tourism sector grow rapidly.
This is a great opportunity to optimize occupancy and introduce your business to tourists. However, it takes careful preparation and promotion to get maximum results.
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