COORDINATING MINISTRY FOR ECONOMIC AFFAIRS
REPUBLIC OF INDONESIA

PRESS RELEASE
HM.4.6/296/SET.M.EKON.3/05/2024

Japan and Indonesia Bolster Economic Cooperation at OECD Meeting

Paris, May 2nd, 2024
 

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.

Minister Kamikawa commenced the meeting by sincerely welcoming the adoption of the OECD’s Accession Roadmap for Indonesia and emphasizing Japan’s commitment to fortifying collaboration between the OECD and Southeast Asian nations, with Indonesia as a key axis. Minister Kamikawa expressed confidence in Minister Hartarto’s capacity as the Coordinating Minister for Economic Affairs, with broad political support, to facilitate this vision.

Delving into strategic issues pertinent to the MCM 2024 theme, both ministers reaffirmed their commitment to harnessing the OECD’s prowess as a global cooperation hub in crafting robust and well-coordinated policies. Emphasis was laid on the imperative of closer economic cooperation between Indonesia and Japan, focusing on labor and employment, skills, and education in tackling global challenges.

Paving the way for mutual prosperity and shared progress in the dynamic landscape of the global economy, both ministers agreed to expedite the signing schedule of the Protocol Amending the Indonesia-Japan Economic Partnership Agreement (IJEPA), following discussions between President Joko Widodo and Prime Minister Fumio Kishida late last year.

Minister Airlangga expressed his appreciation for Japan’s unwavering support and enthusiasm for the progress of Indonesia’s accession process. Moreover, Minister Airlangga sought Japan’s support within the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) framework to enhance market access.

This meeting not only solidified the foundation for deeper economic collaboration but also signaled a new chapter in the enduring partnership between Indonesia and Japan. With MCM 2024 as its stage, Indonesia and Japan united in their resolve to lead objective, reliable, and sustainable global discussions, driving towards inclusive growth and a better future for all. (dep7/map/fsr/hls)

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Secretary of the Coordinating Ministry for Economic Affairs of the Republic of Indonesia
Susiwijono Moegiarso

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