Politics · Indonesia · 14 hrs ago

Indonesia must address foreign bribery rules in OECD membership process

Indonesia must address foreign bribery rules in OECD membership process

Indonesia needs to address bribery of foreign officials as it seeks to join the OECD, said Coordinating Economic Affairs Minister Airlangga Hartarto.

The rules cover bribes involving public officials in other countries, not only corruption within Indonesia.

Airlangga said Indonesia had ratified a United Nations anti-corruption convention about 20 years ago, but another international instrument on foreign bribery remains to be addressed.

He said cross-border business makes it important to ensure that companies do not use corrupt practices abroad.

The foreign bribery rules are one part of Indonesia’s OECD accession process, alongside work to improve governance across sectors.

Indonesia has answered assessments in most sectors, and the government says progress is about 80%; the account gives different totals for the sectors and assessment sections covered.

The government aims for full OECD membership by 2028, while some areas, including health care, still need improvement.

Airlangga did not explain how the foreign bribery requirement relates to debate over financial losses in a proposed revision of Indonesia’s anti-corruption law.

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Airlangga HartartoCoordinating Economic Minister
This is one of the things we need to ratify because it is part of the initial stage of the OECD membership process.
via CNBC Indonesia
Business practices should also not engage in foreign corruption practices.
via CNBC Indonesia
So we do not only regulate corruption or bribery domestically, but also when it involves parties from abroad.
via CNBC Indonesia