Realizing the achievement of the Golden Indonesia Vision 2045, the Government has massively taken various strategic steps by strengthening Indonesia's role in the international arena, one of which is through accession to the Organization for Economic Co-operation and Development (OECD). The OECD accession process will facilitate efforts to fine-tune strategies, policies, and regulations needed to encourage structural transformation and the achievement the Golden Indonesia 2045.

The Indonesian and Australian governments continue to strengthen cooperation in the energy transition sector on the Kemitraan untuk Iklim, Energi Terbarukan dan Infrastruktur (KINETIK) program through the signing of the Exchange of Letters for the Indonesia Australia Partnership Program for the Economy (Prospera). The KINETIK program is an outcome of the Australia-Indonesia Climate and Infrastructure Partnership (CIP) agreement announced by the President of Indonesia Joko Widodo and the Prime Minister of Australia Anthony Albanese at the Indonesia-Australia Annual Leaders Meeting in 2022.

Policies related to cross-border data flows are very important for the global economy and to achieve the targets of the United Nations' Sustainable Development Goals. At the Organization for Economic Development and Co-operation (OECD) Ministerial Level Meeting (PTM) held in Paris, France on 2 and 3 May 2024, OECD ministers met to discuss the importance of international data governance policies in the digital economy and the role it should play OECD plays to overcome barriers to the free flow of data.

In a significant display of economic camaraderie, Indonesia’s Coordinating Minister for Economic Affairs Airlangga Hartarto and the Foreign Minister of Japan Yoko Kamikawa convened for a pivotal bilateral meeting during the OECD Ministerial Council Meeting (MCM) 2024 in Paris on May 2nd 2024.

Today, Airlangga Hartarto, Coordinating Minister for Economic Affairs, will join the Organisation for Economic Cooperation and Development (OECD) Ministerial Council Meeting in Paris to launch Indonesia's historic Accession Roadmap. This significant step reinforces Indonesia’s economic transformation, as well as having far-reaching implications for the region and the global economy.

The Asia economy is projected to be quite robust in the future despite facing a global economic environment that must contend with current geopolitical turmoil. The conflicts occurring in the Middle East are expected to affect the supply chain of several export and import commodities worldwide. This will also impact the growth in emerging Asia, which is estimated to decrease from around 5.6% in 2023 to 5.2% in 2024.