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Brazil has decided to negotiate a Framework Agreememnt on Cooperation with the Organization for Economic Cooperation and Development (OECD). The agreement will enable to deepenand systematizethe relationship with the OECD and to establish a single legal basis for the financial contributions Brazil makes in return for its participation in the various bodies of the Organization.

An intergovernmental organization based in Paris, the OECD is dedicated to research and studies aimed at improving public policies in several areas, and to the exchangeof experiences between members and partner countries. The frequently used method of “peer review” allows government specialists to meet with their counterparts from other member or associated countries to compare public policies in each area with the best practices available internationally.

Brazil has been developing a process of cooperation with the OECD since the mid-1990s. In 2007, Brazil, along with China, India, Indonesia and South Africa, became one of the five “Enhanced Engagement” partners with the OECD, countriesnow referred to as the “Key Partners”. In addition, a growing number of middle-income developing countries have sought accession to the OECD. The organization has been trying to incorporate these countries in the discussions so as to better take into account the changes that have taken place in the world economy.

Cooperation between Brazil and the OECD has increased on a wide range of themes, including macroeconomic policy; agriculture; trade; education; science, technology and innovation; statistics; combat against corruption; taxation; competition policy; investment policy; corporate responsibility; corporate governance; and export financing. Brazil participates, to varying degrees, in a number of OECD fora, has adhered to some of its instruments, and has been the subject of the biennial OECD “Economic Survey” since 2001. The cooperation agreement will deepen this cooperation, improve public policies, and publicize and compare successful government programs with a sense of direction and in a more systematic way.

Brazil also cooperates with the OECD as a member of the G20, given the organization’s role in implementing the Leaders’ decisions since the first G20 summit in Washington, in 2008, held in the wake of the financial crisis in developed countries.

The rapporochement with the OECD is part of the Brazilian Government’s strategy to rebuild the foundations for sustainable economic growth with social inclusion and environmental protection. A middle-income country, Brazil needs to find ways of making systematic productivity gains, which requires better environment for business; better training for our workforce; more efficient and less costly public spending ; technological innovation policies to increase the competitiveness of our industry; and a dynamic insertion in the international economy. Several of these challenges can be more easily addressed through international cooperation, including with the OECD.

Brazil has adhered to 15 OECD instruments:

• Decsions by the [OECD] Council on Acceptance of Data in the Assessment of Chemicals
• Convention on Combating Bribery of Foreign Public Officials in International Business Transactions
• Declaration on Automatic Exchange of Information on Tax Matters
• Agricultural Codes and Schemes
• Recommendation of the Council concerning Effective Actions against Cartels
• The Bologna Charter on Policies for Small and Medium-Sized Enterprises
• Istanbul Ministerial Declaration on Fostering the Growth of Innovative and Internationally Competitive Small and Medium-Sized Enterprises
• Declaration on International Investment and Multinational Enterprises
• Convention on Mutual Administrative Assistance in Tax Matters
• Statement on the Global Financial Crisis and Export Credits
• Declaration on Tax Base Erosion and Profit Shifting
• Multilateral Guidelines ( Extract from the Annex to the Decision establishing a Steel Committee
• Declaration on Propriety, Integrity and Transparency in the Conduct of International Business and Finance
• Aircraft Sector Understanding on Export Credits for Civil Aircraft

Brazil is an associate member of seven OECD bodies:

• Board of Directors of the Programme for International Student Assessment (PISA), of which it has been vice-chair since 2013
• Board of Directors of the Development Center
• Working Group on Bribery in International Transactions
• Steel Committee
• Global Forum on Transparency and Exchange of Information for Tax Purposes
• Joint Meeting of the Chemicals Committee and the Working Party on Chemicals, Pesticides and Biotechnology

Brazil also participates regularly in the work of variouscommittees, such as on the Agriculture, Statistics, Competition, Science and Technology Policy, Investment, Trade, and the Working Group on Responsible Business Practices. Brazil also participates in the BEPS project aimed at cooperation in combating tax evasion, and in the Review Project for the Principles of Corporate Governance.

 

 

 

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