good crabdouble-skinned crabs

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 11, 2026 | 5:19 pm

Rupiah Nears Rp 18,000 as OECD Deficit Warning, Iran Tensions Rattle Markets

Rupiah weakened to Rp 17,988 per dollar as OECD deficit concerns, Iran's Hormuz blockade, and US inflation hit sentiment.
Special Updates Apr 21, 2026 | 10:01 pm

OECD Accession Key to Competitiveness and Economic Resilience: Airlangga

Indonesia says OECD accession will boost reforms, investment, resilience, and its push to become a high-income nation by 2045.
Business Mar 30, 2026 | 4:10 pm

JCI Extends Losses to 7,091, Down 0.08% as Middle East Risks Intensify

JCI slipped 0.08% to 7,091 as Middle East tensions and oil supply fears weighed on sentiment, tracking broader losses across Asia.
Business Mar 30, 2026 | 1:44 pm

OECD Cuts Indonesia’s 2026 Growth Outlook to 4.8% as Inflation Seen Rising

OECD trims Indonesia’s 2026 growth forecast to 4.8% and flags inflation and trade uncertainty as key risks.
Business Dec 26, 2025 | 2:12 pm

Economists Question Effectiveness of Indonesia’s Tax Holiday Policy

Tax holidays face scrutiny as economists point to limited spillover for labor-intensive industries and broader manufacturing.

The Latest


News 3 hours ago

Lamine Yamal Scores in Spain's 4-0 Demolition of Saudi Arabia 

He has helped Spain win the European Championship in 2024 despite being just 16 years old when the tournament started.
Business 5 hours ago

4,000 Workers at Nike Supplier in Indonesia Sent Home as New Orders Dry Up

Feng Tay Indonesia Enterprises is part of Taiwan-based Feng Tay Group and has operated in Indonesia since 1992.
Business 7 hours ago

Indonesia Says Aggressive Rate Hikes Are Helping Stabilize Rupiah

Indonesia says recent rate hikes are helping stabilize the rupiah, though economists warn monetary policy alone is not enough.
News 16 hours ago

Ayase Ueda Scores Twice in Japan’s 4-0 Win Against Tunisia 

Japan’s four goals were the most the Samurai Blue had ever scored in a World Cup game.
News 18 hours ago

Jakarta Completes Rasuna Said Revamp, Removes 109 Derelict Pillars

Jakarta has completed the transformation of Rasuna Said, removing 109 abandoned monorail pillars and upgrading public spaces.
COPYRIGHT © 2026 JAKARTA GLOBE. ALL RIGHTS RESERVED