May 10, 2021

Iván Duque signs the law that approves the terms of Colombia's accession to the OECD

Iván Duque signs the law that approves the terms of Colombia's accession to the OECD



The Colombian government signed the law that approves the accession of his country to the Organization for Economic Cooperation and Development (OECD), formalized last May 30 in Paris, official sources reported today.

In the law, disclosed by the Presidency, it was decreed that the "Agreement on the Terms of Accession of the Republic of Colombia to the Convention of the Organization for Economic Cooperation and Development", signed in Paris on June 30, was approved. May 2018. "

The "Convention of the Organization for Economic Cooperation and Development", adopted in Paris on December 14, 1960, was also approved.

Colombia will become the 37th member of this organization when depositing the instruments of accession, which requires a parliamentary ratification.

Two other Latin American countries belong to the so-called "club of the developed", Mexico (since 1994) and Chile (since 2010). Costa Rica is in the process of acceding, which could materialize by the end of 2018 or at the beginning of 2019.

On November 12, the Colombian president, Iván Duque, and the OECD secretary general, Ángel Gurría, signed two agreements of understanding under which this body will help the country in the fight against corruption and the design of policies social.

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