OECD to start accession talks with Indonesia in May

The OECD has decided to open accession discussions with Indonesia, a move described as "historic" by OECD secretary-general Mathias Cormann. The process could lock Indonesia into investment-friendly reforms and boost the OECD's global relevance. The OECD will prepare a draft accession roadmap for consideration in May, involving a rigorous evaluation of Indonesia's alignment with OECD standards. The process could involve legal and regulatory changes in areas such as trade, governance, integrity, and environmental protection.