IBC Brings Business Community's Strategic Priorities to H.E. Airlangga Hartarto

The Indonesian Business Council (IBC) once again held its regular policy advocacy meeting with the Coordinating Minister for Economic Affairs of the Republic of Indonesia, Mr. Airlangga Hartarto, in Jakarta on June 23, 2026.

During the one-hour meeting, IBC’s management team presented several strategic issues of concern to the business community. The discussion covered feedback on a number of newly introduced government policies, including the proposed establishment of a single agency for natural resource exports, as well as recommendations for mitigating the potential impact of the closure of the Strait of Hormuz and its implications for Indonesia’s national industries.

In line with its ongoing efforts to strengthen international cooperation, IBC’s management also provided updates on follow-up initiatives stemming from the Indonesia Economic Summit 2026, which was held in February.

One of the key developments is the collaboration with Singapore, particularly through the Singapore Business Federation. As part of this partnership, IBC and Deloitte, which is also an IBC member, are jointly preparing a policy brief on the implementation and further development of Special Economic Zones (SEZs). The document will include recommendations for technical policy reforms as well as an assessment of the broader economic and social benefits of SEZ development. During the meeting, IBC also sought guidance on opportunities for the policy brief to be considered as part of the discussions at the Indonesia–Singapore Leaders’ Retreat 2026.

IBC also shared updates on its cooperation with Australia. Together with various Australian partners and counterpart organizations, IBC is currently supporting a policy reform agenda through a dedicated task force focused on two priority areas: Improving Indonesia Regulatory Quality Partnership and Debottlenecking Agricultural Trade. These initiatives are expected to strengthen the implementation of the Indonesia–Australia Comprehensive Economic Partnership Agreement (IA-CEPA) and generate more tangible benefits for both countries.

In addition, IBC presented the outcomes of its Business Forum, held in early June 2026 and attended by several international business chambers from various countries. Through the forum, IBC gathered a range of strategic recommendations that could serve as a shared agenda for enhancing Indonesia’s competitiveness, strengthening the investment climate, and fostering a more conducive and competitive business environment.

Minister Airlangga Hartarto welcomed these recommendations and expressed his appreciation for IBC’s continued contributions to policy dialogue. He indicated that the relevant government agencies and officials would be designated to follow up on the issues raised and coordinate directly with IBC on the next steps.