Indonesia targets completion of three OECD-related rules by 2027

Jakarta (ANTARA) - The Indonesian government is targeting the completion of three regulatory priorities by 2027 to support its accession process to become a member of the Organization for Economic Cooperation and Development (OECD).
The three regulations consist of foreign officials bribery, revision of the Statistics Law, and revision of the Business Competition Law.
"The three points discussed earlier will therefore be prioritized for completion next year," Coordinating Minister for Economic Affairs Airlangga Hartarto said when met in Jakarta on Monday.
He explained that regulations on foreign bribery are among the key requirements for OECD accession. Indonesia must therefore further strengthen its legal framework to address bribery involving foreign public officials.
According to him, the government is currently preparing these arrangements, including through possible revisions to the Corruption Crime Law (Tipikor).
Regarding the revision of the Business Competition Law, Hartarto said that regulations in Indonesia currently still refer to old regulations, namely Law Number 5 of 1999.
He then stated that the Business Competition Supervisory Commission (KPPU) has proposed changes to the regulations.
The discussion is also part of the House of Representatives' initiative through Commission VI.
Hartarto said progress in the OECD accession process remained consistent with the government's targets.
Indonesia has so far completed reviews of 20 of the 24 sectors with progress of around 80 percent. However, several sectors still require further improvement, including health.
The OECD accession process for Indonesia has reached the technical review stage, with the government targeting full membership by 2028.
Furthermore, Hartarto informed that OECD Secretary General Mathias Cormann is scheduled to visit Indonesia on November 25, 2026.
During the visit, the OECD Secretary General is also planned to meet with President Prabowo Subianto to discuss developments in Indonesia's membership process.
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Translator: Imamatul Silfia, Resinta Sulistiyandari
Editor: Azis Kurmala
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