Airlangga Hopes Indonesia Will Become A Member Of OECD In The Next 3 Years

Coordinating Minister for the Economy Airlangga Hartarto (Photo; Aris Nurjani/VOI)

Coordinating Minister for the Economy Airlangga Hartarto said Indonesia had received full support for joining the Organization for Economic Co-operation and Development (OECD).

Previously, the government had held an Indonesian Accession Discussion with the Head of the OECD Member State Representative at The Langham, Jakarta on Wednesday, February 28, 2024.

However, Airlangga hopes that Indonesia can become an OECD member in the short term or about 2 to 3 years from now, as in several previous countries such as Chile and Slovenia.

"We hope that the process of becoming an OECD member can be completed within 2-3 years. Several experienced countries are included in 3 years, including Chile, Estonia, and Slovenia, and Lithuania," he said at a press conference in Jakarta, Wednesday, February 28, 2024.

Airlangga said Indonesia has been a strategic partner since 2007 and has become a few countries that, although not yet a member of the OECD, have had OECD offices in Indonesia so that since 2015. In addition, the government will soon hold a ministerial meeting in May 2024.

"So that Indonesia is in the pick mark so it is hoped that it will soon become part of the OECD. Of course we will prepare a roadmap in the future and we will prepare a ministerial level meeting on this May," he explained.

Airlangga explained that on February 20, the OECD officially decided to start the Indonesian membership accession process. According to him, the process up to accession takes about 7 months and one of the fastest and became the first southeastern Asian country to enter the OECD accession process.

"The importance of Indonesian membership in accessing OECD will continue the structural reform process and then also policies and regulations with many references or good ones owned by OECD," he said.

Airlangga said that Indonesia's membership in OECD is very necessary because by becoming a member of OECD, the regulatory policies and various policies implemented in Indonesia will be equivalent to 38 members.

"Of course it will be an easy task for these countries to invest, trade because they have the same commitment and best practice standards," he said.