Monday, 13 May 2024 07:41

38 Member Countries Agree to Indonesia's OECD Membership

Indonesia continues its efforts to join the Organization for Economic Cooperation and Development (OECD). Membership in the OECD is seen as beneficial for Indonesia, particularly in enhancing government policy standards. Minister of Economic Affairs Coordination Airlangga Hartarto conveyed that 38 OECD member countries have welcomed and supported Indonesia's desire to join. "Entering the OECD is not an easy feat, and 38 member countries (of the OECD) have agreed for Indonesia to join," Airlangga stated during an economic seminar held at Kolese Kanisius, Jakarta (11/5). Moreover, during the recent OECD Ministerial Meeting in OECD Headquarters, Paris, Airlangga mentioned that he has received the roadmap for Indonesia's OECD membership. Argentina has also received this roadmap.


Airlangga added that Indonesia's accession to the OECD is crucial as the country is currently undergoing significant reforms. "Our first reform during Covid was the Omnibus Law on Job Creation, where we revised more than 60 laws. The next implementation will involve the OECD and leverage their extensive data and standards," he explained. Additionally, Indonesia's OECD membership will enhance investment from OECD member countries. Indonesia is also actively collaborating with other nations through economic blocs. These include joining economic blocs such as the Indo-Pacific Economy Framework (IPEF) and the Regional Comprehensive Economic Partnership (RCEP), as well as fostering cooperation with South Korea and the European Union. "We are fully prepared to meet international standards. We hope that economic growth will further accelerate, and with OECD membership, we anticipate increased investment," he concluded.

Source: https://nasional.kontan.co.id/news/airlangga-sebanyak-38-negara-anggota-setuju-indonesia-bergabung-dengan-oecd

 

 

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