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The progress on Bulgaria’s accession to the OECD was topic of discussion at the Ministry of Foreign Affairs.

21 November 2019 Events and Discussions

Representatives of the permanent Interinstitutional Coordination Mechanism (IMC) for the accession of the Republic of Bulgaria to the Organisation for Economic Cooperation and Development (OECD) discussed the progress of our country at its fourth meeting on November 21 at the Ministry of Foreign Affairs.

The meeting was chaired by Deputy Foreign Minister Petko Doikov, who emphasized that OECD membership is among Bulgaria’s foreign policy priorities, and receiving an invitation to start negotiations is among the government’s immediate goals.

The participants in the meeting praised the national Action Plan for Bulgaria’s membership with the OECD, which provides new opportunities for strengthening cooperation with the bodies of the organisation. The activities of individual ministries and accession agencies, their participation in the working bodies of the OECD, as well as their plans to join the new legal instruments of the organisation were discussed. An agreement was reached on the need to prepare new regulations for the next programming period until 2023.

The Organisation for Economic Cooperation and Development was established in 1961 in order to stimulate policies for the greatest possible degree of sustainable economic development, raise the living standards of the population and maintain financial stability. Currently, 37 countries from Europe, North America, South America and Asia are members of the OECD. The European Commission participates in the work of the OECD as an observer.

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