Jakarta, Sept. 5 -- Indonesian Minister of Trade from the 2011-2014 period, Gita Wirjawan, emphasized the crucial role of the sovereign wealth fund Danantara in positioning the Republic of Indonesia on the international stage.

"By strategically positioning Indonesia in the global stage, Danantara has the potential to establish partnerships with international institutions for up to 75 years," he said at the hybrid Meet the Leaders: Gita Wirjawan's Discussion of Southeast Asia's Role from the Periphery to the Center of the World, here on Thursday.

To illustrate this strategic role, Wirjawan cited the example of the United States' CalPERS (California Public Employees' Retirement System), a long-term investment institution established 93 ye...