Today I will travel to Indonesia to attend the G20 Joint Finance and Health Ministers Meeting and to accompany the Prime Minister to the B20 Summit from 12 to 14 November 2022.
The meetings come at a critical time for the global economy and our region, and provide an important opportunity to discuss global conditions and forge deeper international collaboration.
The global economy faces significant challenges including from Russia’s war in Ukraine, a global energy and cost of living crisis, and the most synchronised global monetary tightening in recent decades – with a heightened risk of recession across major advanced economies.
These global challenges will be key issues at the G20, in addition to climate change and future pandemic preparedness.
I will take the opportunity to strengthen bilateral relationships with key strategic partners and engage with members of the global business community at the B20 Summit.
Australia’s attendance also underscores the importance of our deep friendship and strategic partnership with Indonesia.
I extend my warm and sincere gratitude to Indonesia for its leadership, conviction and success in achieving many important priorities as part of its G20 presidency.
