Jakarta (ANTARA) - The Indonesian government received a road map on the country's accession to the Organisation for Economic Co-operation and Development (OECD) during the organization's ministerial meeting in Paris, France, on Thursday.

Coordinating Minister for Economic Affairs, Airlangga Hartarto, who represented the government at the meeting, said that the handover of the road map is a follow-up to the accession process of Indonesia to the OECD.

"Since OECD represents 80 percent of the world's trade and investment, the membership and standards within the organization are critical to ensure an inclusive and sustainable global economy," he informed in a statement received from his ministry in Jakarta.

By becoming an OECD member, he said, Indonesia will be able to strengthen its Constitutional commitment to taking part in the global order to promote freedom and social justice.

The minister added that Indonesia's accession to the OECD is in line with the country's efforts to step up collaboration with all members of the organization with the aim of formulating better policies for better lives.

Indonesia is among the seven countries currently seeking to accede to the OECD. The other countries are Argentina, Brazil, Bulgaria, Croatia, Peru, and Romania.

Hartarto emphasized that Indonesia has been a strategic partner of the organization since 2007.

During the OECD Ministerial Meeting from May 2–3, 2024, the minister conveyed Indonesia's appreciation to OECD Secretary-General Mathias Cormann for his support for the country's accession process.

Cormann said he believes that Indonesia's OECD membership would boost the organization's strategic value, considering that Indonesia is among the largest economies and the only representative of Southeast Asia in the G20.

Indonesia made a bid to become a full member of the OECD in July last year. In February 2024, Hartarto announced that the OECD Council had agreed to open discussion on Indonesia's accession.

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Translator: Bayu S, Tegar Nurfitra
Editor: Azis Kurmala
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