Minister of Foreign Affairs meets with the OECD delegation
On 18 December at his meeting with the OECD delegation headed by Nicola Bonucci, coordinator for Lithuania’s accession, Minister of Foreign Affairs of Lithuania, Linas Linkevičius, discussed the most important issues in relation to Lithuania’s accession to the OECD and the remaining tasks. Lithuania aims to be invited to become a member next year.
“Lithuania’s membership of the OECD is the Lithuanian Government’s priority. The focus now is on implementing OECD recommendations in the area of investment, state-owned enterprises and combating corruption. The Ministry of Foreign Affairs is actively engaged in the accession process,” Minister Linkevičius said.
Nicola Bonucci noted that Lithuania had done a lot of work that was important not only for its accession but, in a broader sense, for its prosperity, too. Lithuania managed to keep and in several cases to speed up the pace of the implementation of the OECD recommendations in the last six months. However the marathon was not finished. If Lithuania ensured timely adoption and implementation of the necessary changes to Lithuania’s legislation to meet the OECD standards, it could hope to become a member next year. Mr Bonucci said he was genuinely satisfied with the cooperation with the Foreign Ministry team responsible for coordination of the accession process and thanked the Minister for his personal engagement.
Only 35 most economically advanced countries are members of the OECD. Officials from OECD members who sit on more than 250 committees and working groups review the reforms undertaken by partner countries and share experiences in improving the investment climate and modern social environment, in developing progressive ways of combating corruption, provision of modern education and health services, territorial planning, and efficient state property management, in improving conditions for business, and other areas. Membership of the OECD is recognised by the international community as the guarantor of a country’s economic stability and long-term wellbeing.
The Seimas ratified the Accession Agreement of Lithuania to the Organisation for Economic Co-operation and Development (OECD) under an urgency procedure on 28 June 2018. After Lithuania deposits its ratification documents with the French Government, it will become the 36th full-fledged member of the Organisation.