Romania starts negotiations to join OECD

The OECD will now start to prepare a roadmap for the accession of Romania, provided the country confirms the adherence to the values, vision and priorities of the international organisation. [Shutterstock / 360b]

The government welcomed the OECD Council’s decision to open accession discussions with Romania, 18 years after the country presented its candidacy.

“OECD membership will consolidate Romania’s international profile and ensure access to the expertise of an international organisation valued for the quality of its economic studies and its public policies’ assessments,” the government said in a statement.

The OECD will now start to prepare a roadmap for the accession of Romania, provided the country confirms the adherence to the values, vision and priorities of the international organisation.

“I warmly welcome today’s OECD decision to open accession negotiations with Romania. Thank you, (Secretary-General) Mathias Cormann and Member States for supporting Romania’s candidacy! We remain committed to pursue the goal of OECD membership, with energy & determination,” President Klaus Iohannis wrote in a tweet.

The OECD also plans to start open accession talks with Argentina, Brazil, Bulgaria, Croatia and Peru, the organisation said.

The negotiation 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.

Following these reviews, the organisation may require changes to the candidate countries’ legislation, policy and practices in many areas, including open trade and investment, public governance, integrity and anti-corruption efforts, and climate actions and environment protection.

“There is no deadline for completion of the accession processes. The outcome and timeline depend on each candidate country’s capacity to adapt and adjust to align with the Organisation’s standards and best practices. Once all the technical committees have completed their reviews, a final decision will need to be taken by unanimity of all OECD Member countries in OECD’s Council,” the organisation said in its statement.

(Bogdan Neagu | EURACTIV.ro)

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