Indonesia Seeks to Attain Full OECD Membership in Four Years

Addin Anugrah Siwi
June 5, 2025 | 1:17 pm
SHARE
Senior minister Airlangga Hartarto attends the OECD Council's ministerial meeting in Paris on June 4, 2025. (Photo Courtesy of Coordinating Ministry for Economic Affairs)
Senior minister Airlangga Hartarto attends the OECD Council's ministerial meeting in Paris on June 4, 2025. (Photo Courtesy of Coordinating Ministry for Economic Affairs)

Jakarta. Coordinating Minister for Economic Affairs, Airlangga Hartarto, is optimistic that Indonesia can become a full member of the Organization for Economic Cooperation and Development (OECD) within four years.

According to him, the ongoing accession process is progressing positively and has received favorable responses from OECD member countries.

Airlangga explained that although the accession process typically takes more than five years, Indonesia is targeting to complete it in four.

"Yes, regarding the timeline, Indonesia is aiming for around four years, and we are now one year into the process. So, over the next two years, the technical review, which will involve various ministries and agencies, will become more intensive," said Airlangga on Wednesday.

Advertisement

He said Indonesia has already met about 80 percent of the standards expected by the OECD, based on the organization’s internal assessment.

"The OECD said that Indonesia’s paper is of relatively good quality and perhaps about 80 percent already aligns with the expected standards," he said.

Previously, Airlangga Hartarto officially submitted the Initial Memorandum (IM) to OECD Secretary-General Mathias Cormann during a bilateral meeting on the sidelines of the 2025 OECD Ministerial Council Meeting (MCM) held in Paris, France, on Tuesday.

The IM is a key document in the OECD accession process, containing a comprehensive assessment of Indonesia’s national regulations and standards compared to OECD regulations and standards.

The submission of this document is a strong testament to Indonesia’s commitment to the OECD accession process, which has also been incorporated into the 2025–2029 National Medium-Term Development Plan (RPJMN). This milestone continues Indonesia’s positive progress in the region, as the country is not only the first Southeast Asian nation to enter the accession process, but also the first to submit an IM.

Full membership in the OECD is believed to bring strategic benefits for Indonesia, especially amid global economic uncertainty. The OECD represents about 75 percent of global trade and is a major source of foreign direct investment (FDI).

"That means three-quarters of those countries are open to goods and services from Indonesia. This will make our products more competitive and broaden their market," said Airlangga.

With the accession process progressing positively so far, the government views Indonesia’s chances of becoming a full OECD member within the next four years as realistic.

The government also believes that full membership in the prestigious economic organization will strengthen Indonesia’s position on the global stage and open wider market access for domestic products amid the ever-changing challenges of the global economy.

Tags: Keywords:
SHARE

Related Articles


Business Jun 5, 2025 | 1:17 pm

Indonesia Seeks to Attain Full OECD Membership in Four Years

The OECD represents about 75 percent of global trade and is a major source of foreign direct investment (FDI).
Special Updates Jun 5, 2025 | 11:24 am

Indonesia Talks of Digital Investment at OECD Ministerial Council Meeting

Indonesia has been seeking entry into the OECD, short for Organization for Economic Cooperation and Development.
Special Updates Jun 4, 2025 | 6:57 pm

Indonesia Takes Cue from Japan in Handling US Trade Tariffs

A key topic discussed was Japan’s support for Indonesia’s bid to become a full member of the OECD.
Business Jun 4, 2025 | 2:05 pm

OECD Cuts Indonesia’s 2025 Growth Forecast to 4.7 Percent

OECD trims Indonesia’s growth forecast to 4.7% in 2025 and 4.8% in 2026, citing fiscal uncertainty and slowing exports.
Business Jun 3, 2025 | 6:30 pm

OECD: US Growth to Slow to 1.6% in 2025 Amid Trade War Fallout

OECD forecasts U.S. growth will slow to 1.6% in 2025 as Trump’s tariffs raise costs and dampen global trade and business confidence.
Business May 16, 2025 | 8:38 pm

Joining OECD Could Help Indonesia’s Trade Talks with the US, Minister Says

Indonesia to submit OECD accession document in June, aligning the process with US trade talks.
Business May 15, 2025 | 2:49 pm

Australia’s Albanese Wants Indonesia in CPTPP and OECD

Australia currently assumes rotating chairmanship at the Trans-Pacific trading club CPTPP.
News Mar 27, 2025 | 4:02 pm

Indonesia Seeks to Join OECD Anti-Bribery Convention

Indonesia wants to join the OECD’s convention that criminalizes the bribery of foreign public officials in international business transactio
News Mar 6, 2025 | 12:34 pm

Indonesia Makes Some Progress in OECD Bid

Indonesia is hoping to become an OECD member within the next three or four years.
News Feb 19, 2025 | 3:14 pm

Government Announces 10 Pct Discount on Eid al-Fitr Domestic Flights

The government announced a 10 percent discount on airplane tickets for the 2025 Eid al-Fitr homecoming period.

The Latest


Lifestyle 2 hours ago

NBA Finals 2025: Thunder Rally Past Pacers Behind Gilgeous-Alexander’s Fourth-Quarter Surge

Shai Gilgeous-Alexander scores 15 in the fourth to lift Thunder past Pacers 111-104, tying the NBA Finals at 2-2 heading to Game 5.
News 2 hours ago

Iran Hits Israel With Missile Salvo Following Assault on Nuclear Sites

Iran fired dozens of missiles at Israel in retaliation for Israeli airstrikes on its nuclear and military sites, wounding dozens.
Tech 15 hours ago

Indonesia Introduces AI and Coding to 59,000 Schools Nationwide

Indonesia rolls out AI and coding as elective subjects in 59,000 schools, aiming to prepare students for the digital future.
News 16 hours ago

"I Realized I Was Alive": Survivor Speaks After Air India Dreamliner Crash

A lone survivor recounts escaping the Air India crash that killed 241 people. Investigators recover the black box as probe intensifies.
Lifestyle 17 hours ago

Dental Issues Top List in Indonesia’s Mass Health Screenings, Minister Says

Indonesia’s free health check program finds dental issues most common, ahead of hypertension, diabetes, and obesity, health minister says.
COPYRIGHT © 2025 JAKARTA GLOBE. ALL RIGHTS RESERVED