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ndonesia is hosting a two-day OECD (Organisation for Economic Cooperation and Development) Asian roundtable starting on Monday, aiming to formulate a practical reform agenda and identify policy objectives to improve corporate governance in the region.

The two-day discussion garners policy makers from OECD countries and relevant international institutions, as well as China, Hong Kong, India, Korea, Malaysia, Singapore, Thailand, Vietnam, the Philippines, Pakistan and Bangladesh.

The goal of the Asian roundtable is to support decision makers in their efforts to improve corporate governance in the region, the draft agenda reads.

“This is achieved through informal peer review of corporate-governance policy frameworks and practices in the region, benefiting from international experience,” the OECD said in a statement.

“Participants share major developments and challenges, evaluate implementation and enforcement as well as discuss and analyze policy options to support viable and effective corporate governance reforms.

Finance Minister Agus Martowardojo, OECD deputy-secretary general Richard Boucher, and OECD corporate-governance committee chairman Marcello Bianchi will open the discussion.

Sessions are divided into six, including recent corporate-governance developments in Indonesia, corporate-governance reform in Asia (reaching a consensus), corporate-governance challenges in Asia and implementation of OECD principles of corporate governance.

The OECD is an international organization helping governments tackle economic, social and governance challenges in a globalized economy, with 34 members including the United States, European countries as well as Australia, Japan, New Zealand and South Korea. The OECD also strengthens cooperation with Brazil, China, India, Indonesia and South Africa through a process of enhanced engagement.