JAKARTA, RAKYAT NEWS – U.S. President Joe Biden has expressed his strong support for Indonesia’s efforts to expedite its accession to the Organisation for Economic Co-operation and Development (OECD). This commitment was formalized in a joint statement issued by the White House after a meeting between President Biden and Indonesian Defense Minister Prabowo Subianto on November 12, 2024, at the White House in Washington, D.C.

In the statement, the White House emphasized the importance of the OECD as a platform that offers a pathway for faster and higher-quality economic growth. The organization, it noted, promotes stronger and more responsible policies that can help countries achieve sustainable development.

The U.S. government’s support comes at a crucial moment in Indonesia’s efforts to align its economic practices with OECD standards. The statement added that the United States looks forward to working closely with Indonesia to ensure the successful integration of OECD norms, including in areas such as governance, economic policy, labor practices, and trade.

Both leaders highlighted the importance of these reforms, stressing that OECD membership would help Indonesia enhance its global competitiveness and attract more investment by adhering to internationally recognized best practices. As part of the process, the U.S. has pledged to offer technical assistance and support to ensure that Indonesia successfully implements the necessary reforms.

President Biden also reiterated the U.S. commitment to upholding a rule-based international trade system. Both leaders agreed on the critical role of multilateral institutions, such as the OECD, in promoting free, fair, and transparent trade. They also recognized the need for stronger international cooperation to address global economic challenges.