Lithuania has officially become the 36th member of the Organization of Economic Cooperation and Development (OECD).
Members of the Organization for Economic Cooperation and Development

The instrument of ratification of Lithuania's accession to the Convention on the OECD was deposited with the French government on Thursday, the Lithuanian president's office said.

President Dalia Grybauskaitė on Thursday bestowed a state award on OECD Secretary-General Angel Gurria, on a visit to Vilnius, for his support to Lithuania in its efforts to join the organization.

The president said that Lithuania is ready to work together with the OECD to look for the best solutions to address global economic challenges.

In a special economic survey of Lithuania, the OECD notes that although the country's economy has grown at a faster rate than many OECD member countries in the past 10 years, it still faces a high degree of social exclusion and needs solutions to deal with the challenges posed by the ageing population and to reduce emigration.

Lithuania opened its membership negotiations three years ago and finalized the talks in April.

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

At A. Guoga’s initiative, 27 MEPs urge Amazon Inc. to halt sales of Soviet symbols

At the initiative of MEP Antanas Guoga , 27 MEPs have called on the CEO of Amazon Inc. Jeff Bezos in...

R. Morkūnaitė-Mikulėnienė: "Amazon should stop selling items with soviet symbols"

Member of Seimas of the Republic of Lithuania and Deputy Chair of the Homeland Union-Lithuanian...

Poland thanks Lithuania for naming Vilnius street after Kaczynski

Poland on Friday thanked Lithuania for naming a street in its capital Vilnius after late Polish...

Locomotives perform Poland's anthem in Lithuania on centenary occasion

Seven locomotives performed Poland 's national anthem in Vilnius on Friday as Poland's independence...

Street named after late Polish President Kaczynski unveiled in Vilnius

A sign marking a Vilnius street named after late Polish President Lech Kaczynski has been unveiled...