JOHANNESBURG — President Lee Jae Myung and the leaders of Mexico, Indonesia, Turkey and Australia reaffirmed their dedication to enhancing cooperation to deal with provide chain complexities, geopolitical tensions and different shared challenges as they met on the margins of the Group of 20 summit in South Africa on Saturday.
The leaders issued a joint assertion, underscoring their shared resolve to reinforce multilateral cooperation, after the assembly of MIKTA, a grouping named after the initials of the 5 nations, in Johannesburg.
The assembly was attended by Indonesian Vice President Gibran Rakabuming Raka, Turkish President Recep Tayyip Erdogan, Australian Prime Minister Anthony Albanese and Mexican Finance Minister Edgar Abram Amador Zamora, Soth Korea’s presidential workplace mentioned in a launch.
“Leaders shared deep concern over the advanced multifaceted challenges confronting the worldwide neighborhood, corresponding to continued geopolitical tensions, world financial uncertainties, provide chain complexities, poverty and inequality, a number of environmental crises, together with the local weather disaster and accelerating digital transformation,” the assertion learn.
“Amid this actuality, leaders reaffirmed MIKTA’s shared dedication to selling multilateralism and worldwide cooperation, democracy, and upholding worldwide legislation,” it mentioned.
The leaders additionally agreed to advance its “bridging function” in addressing urgent world challenges and reinforce their constructive function in shaping “a safer, extra simply, equitable and sustainable worldwide order,” it mentioned.
Within the assertion, they expressed assist for South Korea’s initiatives in peace constructing, youth engagement, and accelerating the implementation of the Sustainable Growth Targets (SDGs), a U.N. effort to handle world challenges, together with local weather change.
Launched in 2013 beneath South Korea’s initiative, MIKTA has served as a cross-regional consultative platform to debate cooperation in addressing world challenges and advancing multilateralism.
