KADIN To Introduce Seven Legacy Breakthroughs to ASEAN

Indonesia’s Chamber of Commerce and Industry (KADIN), which is chairing the 2023 ASEAN Business Advisory Council (ASEAN-BAC), will introduce seven legacy breakthroughs on five priority issues during Indonesia’s ASEAN chairmanship this year, say Antara News in a recent report.

The information was conveyed by KADIN chairperson and chair of ASEAN-BAC 2023, Arsjad Rasjid, at a press conference on the “ASEAN-BAC Chairmanship Handover Ceremony 2023” from Cambodia to Indonesia here on Monday.

Three of the seven legacies involve digitization programs that focus on fintech and e-trade, namely the ASEAN QR (Quick Response) Code, the ASEAN P2P (peer-to-peer) Lending Platform, and WIKI Entrepreneurship, say Antara News.

Rasjid said that KADIN is collaborating with all central banks in ASEAN countries for developing the QR code.

His party also informed that WIKI Entrepreneurship will support international trade between Southeast Asian countries, especially for Micro, Small, and Medium Enterprises (MSMEs).

Furthermore, the other legacy programs; the ASEAN Net Zero Hub and the Carbon Center of Excellence, will be implemented to handle environmental sustainability issues.

The ASEAN Net Zero Hub will assist the private sector in decarbonizing and achieving net-zero targets at the ASEAN level.

Meanwhile, the Carbon Center of Excellence is hoped to become a catalyst for global collaboration in achieving the net zero goal as well as to empower business players to take advantage of the carbon trading potentials.

The chair of ASEAN-BAC 2023 will also introduce the ASEAN One Shot Campaign, which will prioritize the health sector to create a permanent regional vaccination program and strengthen manufacturing capacity and clinical research, which will be supported with adequate digital infrastructure, report Antara News.

The effort aims to increase regional health system resilience and preparedness against future pandemics.

This health program will be implemented through multiple collaborations between ASEAN governments, health industry players, and global health organizations.

In addition, there will be a Food Security program for the agricultural sector with an inclusive closed-loop system model to encourage farmers and agricultural MSMEs in the region to become a part of the global supply chain.

“These programs are very important to become legacies introduced by Indonesia to the ASEAN. We have explained these programs to all members (of ASEAN-BAC) and thank God, all of them have been accepted and can become legacies that Indonesia brings to ASEAN,” Rasjid added. 

Source: Antara News – ANTARA/Ade Irma Junida/uyu

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