Representatives of member countries of the Organization for Economic Cooperation and Development (OECD) are expected to announce on Thursday their decision to admit Lithuania into the organization.
OECD
© Scanpix

Following the decision, Lithuanian President Dalia Grybauskaitė is to sign on May 31 an OECD accession agreement, which will then be sent to the Seimas for ratification.

Lithuania started its OECD membership negotiations three years ago and officially finalized the talks in April.

Lithuania is set to become the 36th member of the OECD. Estonia and Latvia joined the so-called club of successful economies earlier.

BNS
It is prohibited to copy and republish the text of this publication without a written permission from UAB „BNS“.
Leave a comment
or for anonymous commenting click here
By posting, you agree to terms
Read comments Read comments

Baltic States seek a single regional assessment

Ministers of finance of Lithuania, Latvia and Estonia, the European Commission and NASDAQ appealed...

LMT presents three digital service innovations at Baltic Mobile Congress

LMT (Latvian Mobile Telephone) is the telecommunications market leader in Latvia and a digital service...

CERN is considering the possibility of establishing business incubation centre

Last week, CERN delegation paid a visit to Kaunas University of Technology (KTU) Santaka Valley. The...

Israeli cloud services integrator chooses Vilnius for European base

TeraSky, a leading Israeli cloud solutions integrator, has just announced the opening of its European...

The popular French fashion brand „Gémo“ enters the Baltic States: first store in Lithuania – in 2019

The popular French fashion brand „Gémo“ entered the Baltic States - the first regional store was...