Brazil in the OECD: First step in accession discussions taken by OECD Council

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FGV Europe has been closely monitoring the accession process of Brazil to the OECD and promotes close relations between FGV and the OECD for over 10 years. Through a knowledge partnership, several studies and initiatives are undertaken. In 2020, FGV Europe strengthened its relationship with the OECD in the global effort to combat COVID-19 as a contributor to the OECD platform – Tackling the Coronavirus.

Regarding the detailed assessment process, individual roadmaps will now be prepared provided those countries confirm their adherence to the values, vision, and priorities reflected in the OECD’s 60th Anniversary Vision Statement and the Ministerial Council Statement adopted last year.

The Minister of Economy, Paulo Guedes, was present together with the Chief of Staff, Ciro Nogueira, and the Minister of Foreign Affairs, Carlos França, at the press conference at which the beginning of negotiations on Brazil’s accession to the OECD was announced.

“This process of access to the OECD is the recognition that we are a great country. We were already as a great emerging power in the BRICS, we were in the G20, but this dimension was missing, which we had been pursuing for a long time,” said Guedes.

Brazil’s actual membership in the OECD is expected to be achieved within three to five years.

The process will include a rigorous and in-depth evaluation by more than 20 technical committees, of the candidate country’s alignment with OECD standards, policies, and practices.

This first step in the accession discussions is a milestone for Brazil, the OECD, and FGV.

Follow this link to read the letter from the OECD.

© Photo: OECD OECD | Secretary-General Mathias Cormann.

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Brazil in the OECD: First step in accession discussions taken by OECD Council
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