Indonesia Cracks Down on Foreign Bribes to Unlock OECD Seat

Indonesia Cracks Down on Foreign Bribes to Unlock OECD Seat

Indonesia is criminalizing foreign bribery as part of its bid to join the Organisation for Economic Co-operation and Development (OECD), a group of mostly wealthy countries that sets global standards.

· 1 min read ·
tradehuman rights

The reform is part of a wider effort to improve Indonesia's business climate and attract foreign investment.

Indonesia is tightening its anti-corruption laws to make foreign bribery a crime, a key step toward joining the Organisation for Economic Co-operation and Development (OECD), a group of mostly wealthy countries that sets global standards [270257]. The OECD requires members to criminalize bribery of foreign officials, and Indonesia currently does not fully meet this standard [270257]. By changing its rules, Indonesia hopes to show it is serious about clean governance and ready for membership [270257].

The reform is part of a wider effort to improve Indonesia's business climate and attract foreign investment [270257]. Officials say the changes will help the country compete on fair terms and build trust with international partners [270257].

Sources

Indonesia's Anti-Bribery Push: A Bid to Join the OECD #270257

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