MIKTA

MIKTA members

MIKTA is an informal partnership between Mexico, Indonesia, Republic of Korea, Turkey and Australia. It is led by the Foreign Ministers. It was created in 2013 on the sidelines of the United Nations General Assembly in New York City and aims to support effective global governance.

Membership

The group’s diverse membership – in terms of culture, socio-economic structure and geography – lends it a unique perspective. It is a cross-regional, values-based partnership with several key commonalities. Importantly, all member states are G20 economies with similar GDP and an interest in ensuring global governance systems work for all states regardless of size and influence. These similarities provide a strong foundation for mutual cooperation.

Furthermore, the diversity within the partnership allows the members to share their knowledge and perspectives resulting from varied experiences.

Nature of MIKTA Partnership

Consultative Platform

A key aspect that distinguishes MIKTA from other multilateral groups is that it is an informal consultative platform, rather than a formal organisation. It provides a space for dialogue and innovative diplomacy to address current global issues. Information sharing and increased mutual understanding are central features of MIKTA.

Strengths

One of MIKTA’s key strengths is its flexibility. It provides an informal environment in which topical issues can be discussed, without pressure to reach a consensus. It seeks to assume an adaptable form of multilateral cooperation, in contrast to traditional ‘blocs’, so as to afford an enhanced ability to maneuver effective global governance in a world of fast-paced developments.[1]

As all MIKTA members are also members of broader international organisations, such as the United Nations, World Trade Organization and G20, issues relevant to those forums can form the topics of consultation in MIKTA. This may involve cooperating on commitments made within those organisations or, on occasion, committing to additional goals or standards.[2] It also provides an opportunity for these middle powers to engage in dialogue independently of larger economic powers.

Foreign Ministers

Country Foreign Minister
Mexico Claudia Ruiz Massieu
Indonesia Retno Marsudi
Republic of Korea Yun Byung-se
Turkey Mevlut Cavusoglu
Australia Julie Bishop

Meetings

The MIKTA Foreign Ministers meet regularly. A retreat-style meeting is held annually in the chairing country. The members have also met on the sidelines of the UN General Assembly Leader’s Week and the G20.

Chair

The chair of MIKTA rotates annually. The current chair (2016) is Australia. Previous chairs include Korea (2015) and Mexico (2014).

Areas of Interest

MIKTA has agreed to work together on a number of thematic issues.[3]

These include:

Activities

MIKTA engages in a variety of activities in line with its core areas of interest. These include sharing information, releasing joint statements, non-papers that contribute to progress on multilateral issues, advocating common messages across each member’s networks, workshops for technical experts and side events to support outcomes at major international events.[11]

Major activities of MIKTA thus far are listed below.

(Participating academic institutions: CIDE of Mexico,[20] The Habibie Center of Indonesia,[21] IFANS of the Republic of Korea,[22] TEPAV of Turkey,[23] and Coral Bell School, ANU of Australia.[24])

Leaders

Member Leader Name Finance minister Name Central bank governor
 Australia Prime Minister Malcolm Turnbull Treasurer Scott Morrison Philip Lowe
 Indonesia President Joko Widodo Minister of Finance Sri Mulyani Indrawati Agus Martowardojo
 South Korea President Park Geun-hye Minister of Strategy and Finance Choi Kyoung-hwan Lee Ju-yeol
 Mexico President Enrique Peña Nieto Secretary of Finance Luis Videgaray Caso Agustín Carstens
 Turkey President Recep Tayyip Erdoğan Minister of Finance Mehmet Şimşek Murat Çetinkaya

Member country data

Member Trade
mil. USD
(2014)
Nom. GDP
mil. USD
(2014)[25]
PPP GDP
mil. USD
(2014)[25]
Nom. GDP per capita
USD
(2014)[25]
PPP GDP per capita
USD
(2014)[25]
HDI
(2014)
Population
(2014)
G20 DAC OECD NATO OPEC Economic classification
(IMF)[26]
 Australia 496,700 1,442,722 1,099,771 61,066 46,550 0.933 23,599,000 Green tick Green tick Green tick Red X Red X Advanced
 Indonesia 346,100 888,648 2,685,893 3,524 10,651 0.684 251,490,000 Green tick Red X Red X Red X Green tick Emerging
 South Korea 1,170,900 1,410,383 1,783,950 27,970 35,379 0.891 50,437,000 Green tick Green tick Green tick Red X Red X Advanced
 Mexico 813,500 1,291,062 2,148,884 10,784 17,950 0.756 119,581,789 Green tick Red X Green tick Red X Red X Emerging
 Turkey 417,000 798,332 1,514,859 10,381 19,698 0.759 77,324,000 Green tick Red X Green tick Green tick Red X Emerging

MIKTA Speakers' Consultation

MIKTA was formed under Seoul's leadership in 2013 and is an acronym of the names of its five member countries—Mexico, Indonesia, South Korea, Turkey, and Australia.

The 2015 MIKTA Speakers' Consultation was held in Seoul, Korea from July 1–5. The Speaker of the National Assembly of Seoul Korea Chung Ui-hwa proposed the meeting and arranged for the remaining countries to arrive for the consultation. At the Plenary Session, which took place on July 2, the Speakers and other delegates of the MIKTA parliaments discussed the role of each country's parliaments in implementing and supporting core values such as the Sustainable Development Goals, regional issues facing the MIKTA countries, and the 70th anniversary of the national division and the peaceful reunification of the Korean Peninsula. The Speakers cooperated and concurred that the MIKTA Speakers' Consultation should serve as one of the main platforms that contribute to the development of each respective country and agreed to make efforts to forge cooperative relations with relevant government ministries to assist MIKTA in contributing to good global governance. The Consultation concluded with the adoption of the Joint Statement in which the Speakers agreed to build a unified network and to consider holding a 2nd MIKTA Speakers’ Consultation in 2016.

See also

References

  1. "Joint Op-ed: 21st Century Global Governance (7 January 2015)".
  2. "MIKTA at the World Humanitarian Summit".
  3. "generally Joint Communiqué: 6th MIKTA Foreign Ministers' Meeting (New York, September 26, 2015)".
  4. "Joint Communiqué: 6th MIKTA Foreign Ministers' Meeting (New York, September 26, 2015) at [7]".
  5. "Joint Communiqué: 6th MIKTA Foreign Ministers' Meeting (New York, September 26, 2015) at [8]".
  6. "Joint Communiqué of Fifth Foreign Ministers' Meeting (Seoul, May 22, 2015) at [9]".
  7. "Joint Communiqué: 6th MIKTA Foreign Ministers' Meeting (New York, September 26, 2015) at [8]".
  8. "Joint Communiqué: 6th MIKTA Foreign Ministers' Meeting (New York, September 26, 2015) at [9]".
  9. "Joint Communiqué: 6th MIKTA Foreign Ministers' Meeting (New York, September 26, 2015) at [8]".
  10. "Joint Communiqué: 6th MIKTA Foreign Ministers' Meeting (New York, September 26, 2015) at [6]".
  11. "., Joint Communiqué of Fourth Foreign Ministers' Meeting (Brisbane, November 15, 2014)".
  12. http://mikta.org/document/joint.php. Missing or empty |title= (help)
  13. http://mikta.org/document/state.php. Missing or empty |title= (help)
  14. http://www.mikta.org/network/speakers.php?at=view&idx=137&ckattempt=1. Missing or empty |title= (help)
  15. http://mikta.org/project/exchange.php. Missing or empty |title= (help)
  16. http://mikta.org/project/workshops.php. Missing or empty |title= (help)
  17. http://mikta.org/network/som.php. Missing or empty |title= (help)
  18. http://mikta.org/network/som.php?pn=1&sn=&st=&sc=&sd=&sdate=&edate=&sfld=&sort=&at=view&idx=214. Missing or empty |title= (help)
  19. http://mikta.org/network/som.php?pn=1&sn=&st=&sc=&sd=&sdate=&edate=&sfld=&sort=&at=view&idx=111. Missing or empty |title= (help)
  20. "Centro de Investigación y Docencia Económicas".
  21. "The Habibie Center".
  22. "Institute of Foreign Affairs and National Security".
  23. "Economic Policy Research Foundation of Turkey".
  24. "The Coral Bell School, Australian National University".
  25. 1 2 3 4 "Gross domestic product". IMF World Economic Outlook. October 2015. Retrieved 14 October 2015.
  26. "World Economic Outlook data". IMF. 2013. Retrieved 19 October 2014.
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