Lithuanian President Dalia Grybauskaitė will sign an agreement on the country's accession to the Organization for Economic Co-operation and Development (OECD). Lithuania will officially become its 36th member.
Members of the Organization for Economic Cooperation and Development

OECD membership finalizes Lithuania's bid to consolidate its position in the most influential international organizations, the presidential office states. Lithuania's accession to the OECD club will not only raise the country's prestige but also bring tangible benefit as Lithuania will receive highest-level expert support, secure investors' better assessment, receive cheaper loans and easier access to trade markets worldwide.

According to the statement, Lithuania has done all of its homework over the last three years and reformed states enterprises, depoliticized their management and stepped up fight against corruption.

Grybauskaitė will sign the accession agreement during the OECD Ministerial Council in Paris.

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

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...

Sign marking Vilnius street named after late Polish president to be unveiled

A sign marking Vilnius' street named after the late Polish President Lech Kaczynski will be unveiled...

Lithuania contributes EUR 20,000 to UN Central Emergency Response Fund

The Lithuanian Foreign Ministry said on Wednesday it has allocated 20,000 euros in humanitarian aid to...