The OECD begins membership negotiations with Bulgaria and 5 other countries
The OECD begins membership negotiations with Bulgaria and 5 other countries



The Ministry of Foreign Affairs of Bulgaria welcomes the decision of the Council of the Organization for Economic Co-operation and Development (OECD) adopted on January 25, 2022 to start talks on joining the Organization with Bulgaria and the other candidate countries.

Membership in the OECD is one of the main foreign policy priorities of Bulgaria, for which there is a broad socio-political consensus and a strong institutional consistency.

Bulgaria fully shares the values, vision and goals of the OECD and has the ambition to participate actively and constructively in the search for solutions to global challenges together with the other member countries of the Organization.

The decision of the OECD Council gives additional impetus to Bulgaria’s consistent efforts to expand interaction with the Organization, aimed at the ever more complete application of OECD standards, good practices and principles in all social and economic areas. Bulgaria is determined to fulfill the requirements and obligations associated with full membership in the Organization, and to make its contribution to affirming the values ​​of the OECD on a regional and global level.

Established in 1961, today the OECD is one of the most authoritative international organizations with a leading role in developing and implementing the highest internationally recognized standards in all key areas such as governance, tax policy, transport infrastructure, agriculture, education, digital economy and innovation, climate, etc. Currently, the OECD has 38 member countries, including the most developed economies from Europe, North America, South America and Asia.  Twenty-two of the OECD member countries are EU member states.

Along with Bulgaria Romania, Croatia, Brazil, Argentina and Peru are currently candidates for OECD membership.



Source: The Ministry of Foreign Affairs of Bulgaria