Ministry calls for leveraging OECD, BRICS to boost competitiveness
In a statement received here on Saturday (August 29), Head of the Multilateral Policy Strategy Center at BSKLN, Masni Eriza, emphasised that alignment efforts must strengthen rather than weaken domestic industries.
Masni said the complexity of global economy requires Indonesia to bolster its resilience through broad and adaptive cooperation. He added Indonesia has consistently positioned itself as a bridge builder capable of bringing together the world’s major economic powers.
He noted the Organisation for Economic Cooperation and Development (OECD) serves as a policy forum and knowledge hub that assists countries in crafting policies, developing standards, and sharing best practices.
“The more options we have, the greater our room for maneuver in implementing a free and active foreign policy,” Eriza said.
Related news: Indonesia, India pursue strategic industrial cooperation at BRICS
Currently, the OECD comprises 38 member states, with eight countries in the accession process, including Indonesia and Thailand.
Out of around 240 OECD instruments involved in Indonesia’s accession bid, 45 are fully aligned, 181 are partially aligned and require adjustments, while 13 are not yet aligned.
Nevertheless, Eriza underscored the accession process is not just about aligning policies, but also about ensuring that necessary adjustments do not compromise national interests while enhancing industrial competitiveness.
According to him, Indonesia’s involvement in the OECD and BRICS offers two distinct strategic avenues for the national economy.
He explained the OECD provides momentum to strengthen governance, regulation, standards, and the investment climate, while BRICS opens opportunities to expand market reach, investment, financing, technology, and supply chains.
Therefore, he said, the government must ensure that policy adjustments made during global economic integration continue to serve national interests.
Related news: Indonesia calls for collective action on climate change at BRICS forum
Related news: Indonesia remains safe haven for investment amid turmoil: Airlangga
Translator: Astrid Faidlatul, Raka Adji