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  5. Minister Nishimura Visits Indonesia (To Attend the G20 Energy Transitions Ministerial Meeting and Other Meetings)

Minister Nishimura Visits Indonesia (To Attend the G20 Energy Transitions Ministerial Meeting and Other Meetings)

September 4, 2022

From September 1 (Thu.) to September 3 (Sat.), Mr. Nishimura Yasutoshi, Minister of Economy, Trade and Industry (METI), visited Bali and Jakarta in Indonesia to attend the G20 Energy Transitions Ministerial Meeting and other meetings.

1. G20 Energy Transitions Ministerial Meeting

At the G20 Energy Transitions Ministerial Meeting, sessions were held on topics such as the global economy, energy prospects, and the acceleration of energy transitions. There were discussions on issues such as ensuring access to energy, expanding the use of smart and clean technology, and developing energy finance. 

Minister Nishimura pointed out three important perspectives for achieving carbon neutrality: creating innovation through measures such as research and development of decarbonization technologies, the need to pursue diverse paths to transition to carbon neutrality based on each country's situation, and actively taking part in measures in emerging and developing countries such as financial assistance and human resource development. He also stated it is important that the G20 countries quickly take effective measures to overcome the energy crisis.

A Bali Compact comprised of nine principles toward clean energy transitions is expected to be issued as a chair summary and its appendices based on the discussions at the meeting.

2. Meeting with H.E. Mr. Luhut, Indonesia's Coordinating Minister for Maritime Affairs and Investment, and H.E. Mr. Arifin, Indonesia's Minister of Energy and Mineral Resources

Discussions were held with Indonesia—the host of this year's G20—on the Asia Zero Emissions Community vision, bilateral cooperation on energy, the IPEF (Indo-Pacific Economic Framework), and other topics.

3. Meeting with the Hon Bowen, Australia's Minister for Climate Change and Energy

In addition to requesting understanding to ensure a stable supply of LNG and coal, the ministers discussed cooperating in the Asia Zero Emissions Community (AZEC) and in fields of clean energy, including hydrogen and fuel ammonia. 

4. Meeting with Mr. Timmermans, Executive Vice President of the EU, and Ms. Simson, Energy Commissioner

The three parties confirmed the situation surrounding energy policy in light of the crisis in Ukraine and that they will promote cooperation in the EU-Japan Green Alliance, including in the fields of hydrogen and LNG.

5. Meeting with Dr. Birol, Executive Director of the IEA

The two parties discussed the stabilization of the energy market and cooperation in international conferences held by Japan.

6. Meeting with H.E. Mr. Tan, Second Minister for Trade and Industry

The two ministers discussed bilateral cooperation in the energy field, including the Asia Zero Emissions Community vision. They also exchanged views on trade relations and bilateral economic relations.

Bilateral meetings and other talks in Jakarta

During the Jakarta leg of his trip, the minister met with Mr. Airlangga (Coordinating Minister of Economic Affairs), Mr. Agus (Minister of Industry), and Ms. Puan (Speaker House of Representatives of the Republic of Indonesia) to discuss a wide range of topics including efforts to deepen bilateral economic relations, trade policies, and individual industry policies. The minister also met with Mr. Lim, Secretary-General of ASEAN, and Mr. Nishimura, President of the Economic Research Institute for ASEAN and East Asia (ERIA), to exchange views on topics such as economic cooperation between ASEAN and Japan toward the 50th anniversary of friendship and cooperation between the two sides, and the RCEP Agreement.

(1) Meeting with Mr. Lim, Secretary-General of ASEAN

The two sides exchanged views on cooperation toward deepening relations between Japan and ASEAN, including the ASEAN-Japan Economic Co-Creation Vision and the energy field, toward the 50th anniversary of friendship and cooperation between ASEAN and Japan next year. They also reaffirmed that the ASEAN Secretariat and Japan will work together closely toward the full implementation of the RCEP Agreement, which came into force.

(2) Meeting with Ms. Puan, Speaker of House of Representatives of the Republic of Indonesia

The two sides discussed a wide range of issues such as strengthening economic relations between Japan and Indonesia, and the RCEP and other agreements that the two countries are involved with.

(3) Meeting with Mr. Nishimura, President of ERIA

The two sides exchanged views on the use of digital technology for economic development in ASEAN, Japan, and other regions, efforts necessary for sustainable economic growth, efforts to promote energy transitions in the regions, the steady implementation of the RCEP Agreement, and other topics.

(4) Meeting with H.E. Mr. Airlangga, Coordinating Minister of Economic Affairs, and H.E. Mr. Agus, Minister of Industry

With a view toward strengthening the economic relations between Japan and Indonesia, the three ministers exchanged views on individual policies for steel and other industries to strengthen supply chain resilience between the two countries, and on the RCEP, IPEF, and other trade policies.

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