US, Indonesia call for new G20 forum to prepare for next pandemic
27 October, 2021
The United States and Indonesia on Tuesday (Oct 26) called for the launch of a forum to prepare for future pandemics, urging members of the Group of 20 (G20) leading economies to seize an opportunity this month to plan for an international response system.
In a joint statement, US Treasury Secretary Janet Yellen and Indonesian Finance Minister Sri Mulyani Indrawati said an upcoming forum of health and finance ministers at the G20 summit in Rome is a political window to act to prevent the next pathogen from becoming a pandemic.
In a letter to their G20 colleagues, the two finance ministers added that the forum would allow health and finance ministers to better cooperate and coordinate prevention, detection, information-sharing, and any needed response.
A copy of the letter, dated Monday, was posted on Tuesday by the Treasury Department.
"We must not lose this opportunity to demonstrate leadership with a decisive commitment to act," they said.
"We have all personally grappled with the deep human and economic cost brought on by this borderless, unforgiving pandemic. And while we are making progress in fighting COVID-19, we also face a stark reality - this will not be the last pandemic."
COVID-19 has killed 5.2 million people and infected 244 million globally, according to Reuters data. The United States and Indonesia, which have similar size populations, have been among the worst affected in their respective regions.
The G20 includes the United States, Japan, Britain, Russia, Brazil, China, Germany, Canada, Australia and South Korea, among others.
Several independent organisations, including the High-Level Independent Panel headed by former US Treasury Secretary Lawrence Summers, World Trade Organization Director-General Ngozi Okonjo-Iweala and Singaporean Senior Minister Tharman Shanmugaratnam, have called for the creation of such a forum.
The joint statement said the pandemic exposed a lack of readiness by countries and limited international coordination, so a global mechanism for detection, prevention and information sharing was essential, to support the work of the World Health Organization.
It called for greater inclusiveness and less bureaucracy and said a joint response was critical for poorer counties that lack resources to respond fast, including with vaccinations.
"Those countries ... have a particular need for the international community to rally behind this initiative. The cost of not doing so would be devastating," it said.
They also said a new financing facility could complement the resources of multilateral development banks and ensure sufficient dedicated, reliable financing so that vaccination and treatment can keep up with emerging threats.
While the two initiatives were complementary, their timetables need not be interlinked, the ministers said.
Source: www.channelnewsasia.com