NEW DELHI (Newsinc24) – The Center for Global Affairs and Public Policy (CGAPP) recently hosted a panel discussion on “G20, Indo-Pacific and Regional Economic Order: India-Indonesia Collaborative Synergies” at the India Habitat Center from New Delhi.
The roundtable reflected on the profound changes that have taken place in the regional architecture such as the emergence of the Indo-Pacific Economic Framework (IPEF), its engagement with G20 priorities; and the crucial role India and Indonesia can play in contributing to IPEF and G20 agendas.
Dr. Tauhid Ahmad, Executive Director, Institute for Economics and Finance Development (INDEF), Jakarta; Anindya Sengupta, Director of CGAPP, Dr Amitendu Palit, Institute of South Asian Studies, National University of Singapore; Yashodhara Dasgupta from the US-India Business Council and New Delhi-based Professor Milindo Chakraborty were present at the event.
Highlighting the importance of stakeholder collaboration, panelists agreed that the IPEF is a vision of the future and will enhance regional and global trade, open partnership and scaling up on larger platforms.
Speaking on this occasion, Dr. Tauhid Ahmad underlined that IPEF members have a clearer vision regarding the agenda of the framework concerned with regional economic and geostrategic security.
Pranav Kumar, Head of International Trade Policy Division, Chartered Institute Insurance, highlighted India’s role in tackling the climate crisis and called for more coherent action towards climate and debt financing.
He also spoke about the global technological divide that needs to be bridged with a focus on strengthening digital literacy and its access to people around the world.
Dr. Amitendu Palit pointed out that the G20 presidency will be held by a lineage of emerging economies, including India, in the coming years. This gives emerging economies a unique opportunity to shape the global agenda, he added.
Panelists also spoke about the key role the United States must play in stabilizing IPEF.