Lithuania in the News
10th June 2018
Lithuania Joins the OECD
The signing ceremony.
Photo courtesy Dačkus
At the end of May Lithuania was admitted to the OECD (Organisation for Economic Co-operation and Development), the 36th member of the organisation which represents highly developed countries.
This body has been the last important international organisation for Lithuania to join, after the UN, NATO and the European Union, to confirm its status as a country ”that punches above its weight” in international affairs.
President Dalia Grybauskaitė signed the OECD accession papers at the OECD headquarters in Paris on May 30. At the accession ceremony President Grybauskiaitė was warmly congratulated French President Emmanuel Macron and the OECD Secretary-General Angel Gurria. No other country had managed to go through the OECD application process as speedily as Lithuania has done.
According to President Grybauskaitė, “the OECD is a highly influential organization, as it is de facto secretariat for the Group of Seven powerful states and an idea forum for the G20. Therefore, the membership will provide Lithuania with more possibilities to contribute to shaping global economy”.

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