Indonesia Sees Another OECD Membership Door Opens

OECD
Summary

The Organization for Economic Co-operation and Development (OECD) has decided to initiate accession discussions with Indonesia. It marks a significant milestone in Indonesia's pursuit of becoming a member of this esteemed organization. Mathias Cormann, Secretary-General of the OECD, stated that this decision follows an assessment by OECD members using the evidence-based Framework for the Consideration of Prospective Members. "Indonesia's application is the first from Southeast Asia, a region experiencing some of the most dynamic growth in the world," he said on Feb 22.

Cormann highlighted that the decision to open accession discussions is a continuation of Indonesia's increased engagement and collaboration as one of the key partner countries with the OECD since 2007. Through these accession discussions, the OECD aims to provide support to Indonesia in advancing reforms and achieving its vision of becoming an advanced country with a per capita income of US$30,300 by 2045. "As the largest economy in Southeast Asia and the third-largest democratic country globally, Indonesia holds a significant position on the global stage," he said.

Register now and get free access.

If you want to get free access to our Daily Insights and Weekly Digest, please click "Sign up" button below. If you already have an account, please login.

What do subscribers receive?

As a subscriber, you'll receive daily insights, weekly business digests, and quarterly industrial reports.

What kind of pieces will i get?

In-depth reports on assumption and impact analysis, as well as update and trends mapping, written by our credible and experienced analysts.

And, there is something else…

Register now and get free access, click here to register. Feel free to contact us with any additional questions you have.