Global OECD welcomes Colombia as its 37th Member

On 28 April, Colombia has formally become an OECD Member, the 37 th country to do so in the Organisation’s near 60-year history. OECD Member countries formally invited Colombia to join the Organisation in May 2018, following a five-year accession process during which it underwent in-depth reviews by 23 OECD Committees and introduced major reforms to align its legislation, policies and practices to OECD standards. These spanned the breadth of policy fields including labour issues, reform of the justice system, corporate governance of state-owned enterprises, anti-bribery, trade and the establishment of a national policy on industrial chemicals and waste management. Colombia is the 3rd Latin American nation to join the Paris-based organization. Read more.