Indonesia targets completion of OECD accession technical review within 3-4 years
Jakarta — Indonesia is targeting the completion of the technical review process for its accession to the Organisation for Economic Co-operation and Development (OECD) within the next three to four years. During the initial information-gathering phase, Indonesia has received 20 questionnaires from the OECD. Additionally, the OECD has conducted a Fact-Finding Mission (FFM) to review environmental policies and public governance.
This was stated by the Coordinating Minister for Economic Affairs, Airlangga Hartarto, during a meeting with OECD Secretary-General Mathias Cormann on the sidelines of the OECD Ministerial Council Meeting (MCM) in Paris, France.
“Since the adoption of the Accession Roadmap for Indonesia in February 2024, Indonesia has continued to demonstrate strong commitment. We officially submitted the Initial Memorandum document, which aligns national regulations with 240 OECD legal instruments across 26 policy areas, one year ago. This reflects our reform priorities in the economic, social, and governance sectors,” Airlangga stated in a briefing in Jakarta on Friday.
During the meeting, Airlangga presented positive results from the first accession review presentation by the Indonesian Ministry of Environment before the OECD Environment Policy Committee in April 2024. The evaluation results showed a high level of alignment, with approximately 60 per cent of Indonesia’s environmental policies being consistent with OECD legal instruments.
The Coordinating Minister also emphasised Indonesia’s readiness to adopt OECD recommendations, including expanding action plans in the energy, climate change, environmental information, and transboundary pollution sectors. To ensure effective policy implementation at both the public and business levels, the Indonesian Government is intensifying communication with non-governmental stakeholders. Strategic relations are being strengthened with the Indonesian Chamber of Commerce and Industry (Kadin), representing Business at OECD (BIAC), and the Confederation of All Indonesian Trade Unions (KSBSI), representing the Trade Union Advisory Committee (TUAC).
On this occasion, Airlangga expressed gratitude for the technical and financial support provided by seven partner countries: Australia, Ireland, the Netherlands, Japan, South Korea, the United Kingdom, and Switzerland. Furthermore, institutional capacity building is being realised through an internship programme for staff from the Coordinating Ministry for Economic Affairs at the OECD Secretariat, which is currently entering its second wave and will proceed to a third. This initiative is further bolstered by plans to strengthen networks with the Indonesian diaspora currently working within the OECD.
In addition to discussing the accession agenda, the bilateral meeting also addressed the global response to the escalation of international conflicts impacting global oil price stability and inflation. Airlangga encouraged the optimisation of the International Energy Agency’s (IEA) role as an OECD affiliate body to coordinate strategic oil supply policies to mitigate global commodity price volatility.