2024-02-20 20:33:36
“Chis decision is a continuation of the intensification of cooperation and commitment between the two parties, implemented in particular within the framework of the granting to Indonesia of the status of Key Partner of the OECD in 2007, and successive joint work programs covering the broad spectrum of economic, social and environmental reforms”, indicates a press release from the Organization, based in Paris.
Indonesia also supported the launch of the OECD Regional Program for Southeast Asia in 2014, of which it was one of the first co-chairs, according to the same source.
“Today’s decision by OECD members has historic value. Indonesia’s request is the first from a country in Southeast Asia, one of the world’s most vulnerable regions. most dynamic growth”, indicated the Secretary General of the OECD, Mathias Cormann, quoted in the press release.
“As the largest economic power in Southeast Asia and the world’s third largest democracy, Indonesia is a major international player, exercising significant leadership in the region and beyond,” he said. he continued, noting that the decision to open accession discussions will be beneficial for both Indonesia and the OECD.
And to underline that membership of the OECD has demonstrated its positive and transformative effects in the candidate countries, that it helps to implement better policies for a better life, adding that under the accession discussions, the OECD will provide support to Indonesia throughout its ambitious reform program aimed at achieving its goal of becoming an advanced economy by 2045.
“Indonesia’s participation in the OECD accession process will also enable the Organization to strengthen its global relevance and impact,” Cormann said.
The decision to begin membership discussions follows an assessment carried out by OECD members based on their Framework for Examining Potential Members, which is based on concrete data, the press release noted.
The Secretary General will soon prepare a draft roadmap for accession for the purposes of the technical examination process, which will be submitted to the OECD Council at its next meeting, according to the same source, specifying that this process review will feature a rigorous and in-depth assessment by more than 20 technical committees of Indonesia’s alignment with OECD standards, policies and best practices.
Following these technical reviews, recommendations will be made on areas where reforms should be continued in order to align Indonesia’s legislation, policies and practices with OECD standards and best practices. .
The technical reviews will cover a wide range of policy areas and will focus on priority themes, such as trade and investment openness, advances in public governance, initiatives supporting integrity and the fight once morest corruption, as well as effective protection of the environment and measures taken to address climate change.
Membership processes are not subject to any deadline for completion. Their outcome and timing depend on the ability of the candidate country to adapt and adjust in order to comply with OECD standards and best practices.
When all the technical committees have completed their examination, and in accordance with Article 16 of the OECD Convention, the final decision to invite Indonesia to join the Organization must be taken at the unanimously by all members of the OECD.
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