Indonesia Set to Gain Financial Support from Switzerland for OECD Membership
Indonesia Set to Gain Financial Support from Switzerland for OECD Membership
05 Jun 2026 15:28 WIB
Voice of Indonesia
Key Points
Indonesia to receive EUR 3 million in additional financial support from Switzerland to advance its accession process as a full member of the OECD.
Minister Airlangga Hartarto stated that the funds will focus on strengthening SOE governance, enhancing Responsible Business Conduct (OECD RBC), and supporting Indonesia’s accession to the OECD Anti‑Bribery Convention.
RRI.CO.ID, Jakarta - Indonesia, will receive additional financial support from Switzerland to advance its accession process as a full member of the Organization for Economic Co-operation and Development (OECD).
Coordinating Minister for Economic Affairs Airlangga Hartarto announced the support following a meeting with Swiss President Guy Parmelin on the sidelines of the 2026 OECD Ministerial Meeting in Paris, France.
Switzerland is increasing its financial support for Indonesia by EUR 3 million. “This concrete support is being realized through a Swiss cooperation program (2025–2028) focused on three critical areas,” Minister Airlangga said in Jakarta on Friday, June 6, 2026, as quoted by Antara.
The three areas are strengthening the governance of state‑owned enterprises (SOEs), enhancing capacity for the implementation of Responsible Business Conduct (OECD RBC), and supporting Indonesia’s accession to the OECD Anti‑Bribery Convention.
The Indonesian government is currently reviewing 240 OECD legal instruments across 32 chapters in collaboration with more than 60 ministries and agencies. The aim is to ensure that OECD standards are not only adopted on paper but also implemented in practice.
The two countries also discussed strengthening economic cooperation, including plans to sign a non‑binding memorandum of understanding in the minerals and metals sector on June 23, 2026. The cooperation is expected to expand partnerships in critical mineral raw materials, which are key commodities in the global energy transition.
Minister Airlangga explained that Indonesia is implementing structural reforms of SOEs through restructuring and asset divestment to reduce their number. He also highlighted the role of Danantara Indonesia, which is issuing international bonds to attract foreign capital.
“Moving forward, Indonesia will collaborate with Switzerland to adopt global best governance practices by leveraging Switzerland’s expertise in mature markets,” Minister Airlangga said.
In response to geopolitical instability in the Middle East, Indonesia and Switzerland agreed to strengthen coordination on energy and food security.
Indonesia outlined its oil supply diversification – with Saudi Arabia accounting for about 20 percent, and the remainder from Nigeria, Angola, Gabon, and the United States – as well as its achievements in food self‑sufficiency and fertilizer exports to Australia.
Switzerland maintains strategic oil reserves for 4–4.5 months and a robust national fertilizer stockpile.
To build a long‑term energy foundation, Indonesia’s Ministry of Energy and Mineral Resources and Switzerland’s State Secretariat for Economic Affairs (SECO) are expanding technological cooperation through an MoU to develop smart grids and battery storage to optimize Indonesia’s solar energy potential. ***
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