OECD Accession Agreement with Lithuania signed
On 30 May, the Minister of Foreign Affairs of Lithuania Linas Linkevičius attended the OECD's annual Ministerial Council meeting in Paris. In the meeting, the President of Lithuania Dalia Grybauskaitė and the OECD Secretary-General Angel Gurria signed the OECD Accession Agreement with Lithuania. The President of France Emmanuel Macron congratulated Lithuania after the signing of the Accession Agreement for the country to join the OECD.
The process for Lithuania‘s accession started on 8 July 2015. It has been the fastest and the most effective accession process. In addition, Lithuania has implemented large-scale reforms. The OECD will formally invite Lithuania as the 36th member after the country has deposited its instrument of ratification. It is expected that this will happen in the coming months.
"Lithuania's membership of the OECD is the most significant achievement in the field of Lithuania's integration into the Euro-Atlantic structures after our accession to NATO and the European Union. All inhabitants of Lithuanian will feel positive results of the OECD membership," said the Minister Linkevičius. Lithuania has implemented a number of reforms during the accession period and it will continue to strive to tap into the potential for boosting the country's economy, financial sector, education, social and employment policies, as well as increasing the effectiveness of the fight against corruption, the efficiency of public administration and policies for better regulation.
At the same time, Lithuania's OECD membership will qualitatively contribute to the work of the organization, because the OECD acknowledges that our country has gained a lot of unique experience. Lithuania will also actively contribute to the OECD's ambition to develop better policies for better lives
The 2018 Ministerial is chaired by France. Under the theme “Reshaping the foundations of multilateralism for more responsible, effective and inclusive outcomes”, the meeting discussed how to improve multilateralism and make it better serve the needs of those who feel they had missed the benefits of globalisation, while also responding to new challenges.
At the OECD's annual Ministerial Council meeting last year, Lithuania‘s Foreign Minister invited the OECD Secretary-General to visit Lithuania. Angel Gurria will pay a visit to our country in July.