Minister of Finance Holds Bilateral Meeting with European Union ASEAN Business Council

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Minister of Finance Holds Bilateral Meeting with European Union ASEAN Business Council
Minister of Finance Holds Bilateral Meeting with European Union ASEAN Business Council

Indonesian Finance Priest Sri Mulyani held a bilateral meeting with delegates of the European Union ASEAN Business Council (EU ABC) after arranging a conference with ASEAN priests of finance and main financial institution governor on March 30, 2023.

At the meeting, the EU ABC delegation was led by Vice Chairman of EU ABC Tassilo Brinzer, inning accordance with a main declaration that ANTARA received on Sunday.

He was gone along with by 13 participants originating from Swiss Re, Standard Hired, HSBC, Prudential SWIFT, BASF, Globe Gold Council and Zuellig Pharma.

Both Mulyani and her EU ABC equivalent discussed how to enhance partnership for healing and rebuilding process after the global pandemic of COVID-19.

This process still encounters various challenges because of scarring effect from the pandemic, high inflation consequently of geopolitical stress as well as financial problems in Unified Specifies and Europe.

They also common views on lasting funding to reduce environment change by focusing on clean and lasting power development.

However, there are several challenges in the shift from fossil power to a cleanser power with lasting funding that include the issue of financial investment to decrease the usage of fossil fuel for nuclear power plant.

Several issues communicated by the EU ABC participants consist of the importance of the development of electronic economic climate, health and wellness, and electrical vehicle.

They also highlighted problems relates to insurance, taxation plans, particularly company income tax obligation and earnings tax obligation.

Various other problems discussed throughout the meeting consisted of the development of clean power, ASEAN taxonomy and taxonomy in various other locations, plans in customizeds and gold financial institution.

At the last component of this bilateral meeting, the EU ABC delegates specified their support for development process in Indonesia.

The official declaration also informed that Mulyani held a bilateral meeting with Priest of Finance and Economic climate of Brunei Darussalam Amin Liew Abdullah on March 31, 2023.

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