Bulgaria confirmed its determination to join OECD

Caretaker Minister of Foreign Affairs Svetlan Stoev reaffirmed Bulgaria's determination to become a member of the Organization for Economic Cooperation and Development (OECD) before the Secretary General of the OECD Mathias Cormann. The talks, in which the Caretaker Deputy Prime Minister for European Funds Management Atanas Pekanov and the Caretaker Minister of Finance Valeri Belchev also took part, was held in Paris within the second part of the annual meeting of the OECD Council at ministerial level, the press office of the Council of Ministers announced on October 6.

Bulgaria fully shares the values ​​and principles on which the global community of the OECD is based and is ready to actively participate in the process of reaching decisions on important topics on the global agenda, contributing to the establishment of the principles and goals of the organization regionally and internationally, Minister Stoev said.

Matthias Cormann congratulated Bulgaria on the clear progress made in the preparations for accession to the OECD and encouraged the country to continue to take active steps to fully implement all OECD standards.

In his opening remarks at the opening of the forum, US Secretary of State Antony Blinken, as chair of this year's meeting, emphasized US support for strengthening the OECD, based on the values ​​of democracy, open market economy, rule of law and human rights. According to him, the organization has a key role to deal with modern challenges - economic recovery after the pandemic, climate change, digital transformation, overcoming inequalities. Any country that shares OECD values ​​and is committed to implementing its principles and standards and wants to join the organization must be able to walk the path to membership, Blinken said.

Bulgaria's accession to OECD will provide an opportunity for even more active and visible participation of the country in the global economic dialogue. Bulgaria's determination to carry out the organization's mission of sustainable and inclusive economic development and addressing the new challenges was also highlighted in a special statement by the caretaker Foreign Minister submitted at the Paris meeting. The statement also highlighted the remaining strong political commitment of Bulgaria to join OECD soon.

The Ministerial Meeting of the OECD Council continues on October 6, 2021, when caretaker Deputy Prime Minister Atanas Pekanov and the Minister of Finance will take part in specialized discussions on issues of international taxation, trade, transition to zero emissions, digitalization and building an inclusive future.

Bulgaria has officially stated its desire to join the OECD in 2007, consistently reaffirming its intention over the years. As well as Bulgaria, candidates for membership are Argentina, Brazil, Peru, Romania, Croatia.

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