Jakarta (ANTARA) – Coordinating Minister for Economic Affairs Airlangga Hartarto stated that Indonesia's accession to the Organisation for Economic Co-operation and Development (OECD) will proceed to the technical review stage in July 2026.He noted that the process is part of Indonesia's efforts to strengthen trade relations and global investment amid global economic uncertainties.“We have already submitted the initial memorandum, so the technical review will take place in July,” he told the press after a national seminar on Indonesia’s OECD accession and its implications for businesses in Jakarta on Tuesday.The minister expressed hope that the accession process would proceed steadily, noting that the discussions are being conducted on a sectoral basis.According to Airlangga, membership in a multilateral organization like the OECD will provide significant added value to Indonesia’s standing in international trade and investment.OECD is a multilateral organization that promotes policy standards to drive economic growth, trade, and global well-being.The Indonesian government formally expressed its intent to join the OECD in 2023 and subsequently received its accession roadmap on May 2, 2024.Following this, Indonesia submitted its initial memorandum on June 3, 2025, which contained a self-assessment of the alignment between national regulations and OECD instruments.In his virtual remarks at Tuesday's seminar, OECD Secretary-General Mathias Cormann described Indonesia’s accession as one of the most significant economic reform journeys of the decade.He explained that the accession process will involve a comprehensive review by 25 OECD technical committees across various policy areas, ranging from trade and investment to innovation, public governance, and education.Cormann noted that the OECD accession can help Indonesia build a more competitive business environment through regulatory improvement, strengthening market competition, and enhancing public integrity.The seminar also featured the launch of the OECD Private Sector Playbook by the Coordinating Ministry for Economic Affairs in collaboration with the Indonesian Chamber of Commerce and Industry (Kadin).The playbook serves as an initial guide for private sector engagement in Indonesia’s OECD accession process.