Costa Rica joins the OECD
The Central American country became the thirty-eighth member of the Organization for Economic Cooperation and Development
Costa Rica has formally become the thirty-eighth member country of the Organization for Economic Cooperation and Development (OECD) and the fourth country in Latin America and the Caribbean to join the institution after Mexico, Chile and Colombia.
“We are delighted to welcome Costa to the OECD family at a time when multilateralism is more important than ever,” said OECD Secretary General Ángel Gurría.
The country completed the domestic procedures for the ratification of the OECD Convention and has deposited its instrument of access, which represents a successful conclusion of the access process that began in April 2015.
Gurría expressed his impression of the commitment of all the country’s political blocs to adhere to the organization, despite the pandemic. “This reflects the importance of working together to design and implement better policies, and Costa Rica will undoubtedly represent a new beacon for the OECD in the region.”
For his part, the president of Costa Rica, Carlos Alvarado, highlighted on his Twitter account that the country will work on a “high standard public policy” for his benefit. Likewise, he thanked former presidents Luis Guillermo Solís and Laura Chinchilla for their efforts to achieve this goal.
The OECD member countries formally invited the Central American country to join the Organization in May 2020, after a five-year accession process through which 22 committees of the body subjected the country to various technical analyzes to introduce major reforms to align its legislation, policies and practices to the standards of the agency.
K. Tovar
Source: dpa
