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Crean congratulates Chile on joining OECD

Minister for Trade Simon Crean has congratulated Chile on joining the Organisation for Economic Cooperation and Development (OECD).

“This invitation to join the Organization for Economic Cooperation and Development is well-deserved recognition of Chile’s economic development success and its on-going commitment to economic growth,” he said. “Chile is one of the most economically dynamic countries in Latin America delivering rising living standards and attracting major foreign investment.”

Crean said that as a member of APEC, Chile will be able to bring a broader regional perspective to OECD discussions.

The OECD recognises countries that have attained a relatively high level of development and share a commitment to the market economy and democracy.

Chile is scheduled to formally accept the invitation to join the OECD on 11 January, 2010.

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