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A mutually beneficial relationship

Colombia has been invited to become the 37th member of the Organisation (see press release). Colombia’s membership will take effect after it has completed its domestic procedures for ratification to the OECD Convention and deposited its instrument of accession. As part of its accession process to the OECD, Colombia underwent in-depth reviews by 23 OECD Committees and introduced major reforms to align its legislation, policies and practices to OECD standards, including on labour issues, reform of its justice system, corporate governance of state-owned enterprises, anti-bribery, trade as well as establishing a national policy on industrial chemicals and waste management. Colombia’s accession will extend the OECD’s membership to 37 countries. It will be the third member country from the LAC region, joining Mexico and Chile. 
 
Colombia has valued the opportunity to discuss major policy issues and challenges in a multilateral context and to learn from the experiences of OECD countries facing similar challenges in many areas. In turn, this dialogue has enriched the OECD’s knowledge and policy advice, and benefited OECD Members and non-OECD countries by enabling them to acquire a better understanding of Colombia.

 

 

Vice president of Colombia Marta Lucía Ramírez 

"The focus of the agenda of the OECD Regional Programme for Latin America and the Caribbean falls on three pillars: increasing productivity, promoting social inclusion and strengthening institutions. This approach unmistakably reflec ts the challenges our region is currently facing. Indeed, with more legality, more entrepreneurship and more equity is how we will ensure Colombia successfully takes on the challenges and opportunities of the current moment." 

Marta Lucia Ramirez, Vice President of Colombia  

 

 

 
 
  Picture of Ivan Duque and the SG
(From left to right) Iván Duque, President of the Republic of Colombia and Angel Gurría, Secretary-General of the OECD, during his official visit to the OECD Headquarters, Paris, 12 November 2018.

 

Latest OECD Publications on Colombia

 

 OECD Economic Surveys: Colombia 2019

Colombia has made good economic and social progress over the last two decades. Macroeconomic policies are solid and have sustained growth and smooth adjustments to shocks over the years. Maintaining and strengthening the policy framework is key to sustainable macroeconomic policies and setting the basis for higher productivity and inclusiveness.

Read more ... 

Additional Recent Reviews of Colombia

>> Access all OECD publications on Colombia

>> More OECD work on Colombia

 

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