Colombia invited to join OECD; third Latin American member with Mexico and Chile

Saturday, May 26th 2018 - 08:16 UTC

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The Organization for Economic Cooperation and Development (OECD) announced on Friday that Colombia would be officially invited to join the group. The Paris-based economic organization was founded in 1961 and has traditionally included industrialized nations, though in recent years it has extended its membership to emerging economies. Read full article

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Marti Llazo
“Argentina is another nation that has expressed interest in joining. But it has so far been rebuked, despite having the third-largest economy in Latin America, reportedly due to its economic volatility and unpredictable policy decisions over the past two decades.”

“...the OECD Working Group on Bribery released a supplemental report on Argentina’s implementation of the OECD Anti-Bribery Convention, finding that Argentina 'remains in serious non-compliance' with key articles of the Convention.....The Working Group also found that Argentina needs to address concerns about judicial and prosecutorial independence in the enforcement of its foreign bribery laws....”
May 26th, 2018 - 02:45 pm - Link - Report abuse 0
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