Indonesia’s Strategic Shift in Global Economic Forums
Jakarta – Indonesia has embarked on a significant journey to reinforce its position on the global economic stage. Following its formal acceptance into BRICS, President Prabowo Subianto reaffirmed the country’s commitment to joining the Organisation for Economic Co-operation and Development (OECD). This move underscores Indonesia’s strategic approach to international economic participation and its desire to maintain neutrality in global politics.
Transitioning into BRICS
President Prabowo announced that Indonesia is now transitioning to full membership in BRICS, an organization that now includes nine countries: Brazil, Russia, India, China, South Africa, Egypt, Ethiopia, Iran, and the United Arab Emirates. This expansion signifies a growing recognition of BRICS’ role in global economic governance.
Continued Bid for OECD Membership
“Our international policy involves joining BRICS and we have been accepted. The transition process is ongoing,” President Prabowo stated during a press conference at the Merdeka Palace. Notably, he emphasized Indonesia’s ongoing efforts to secure membership in the OECD, aiming to ensure the country’s neutrality and independence from aligning with any single power bloc.
Economic Policies and Accords
Beyond BRICS and OECD, President Prabowo highlighted Indonesia’s dedication to finalizing Comprehensive Economic Partnership Agreements (CEPAs) with various countries. His goal is to eliminate or reduce import duties on trade, thereby fostering international economic cooperation and boosting economic growth.
Cooperation with the EU and Beyond
“We are also continuing our application to the OECD and want to quickly complete our Indonesia-EU cooperation,” Prabowo added. His vision encompasses promoting open dialogue and avoiding conflicts through participation in international forums. This commitment extends to other economic cooperation platforms such as the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP) and the Indo-Pacific Forum.
Strategic Independence in Foreign Policy
President Prabowo’s approach reflects Indonesia’s independent and active foreign policy. He believes in steering clear of aligning with any major global power, such as theUnited States or China, maintaining a balanced stance in international affairs.
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Conclusion
Indonesia’s strategic efforts to join the OECD and engage more deeply with BRICS, as well as other economic partnerships, demonstrate a commitment to maintaining an independent and active role in global economic governance. President Prabowo’s vision positions Indonesia as a pivotal player in fostering dialogue, cooperation, and stability in the international community.
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