The OECD and Brazil: A mutually beneficial relationship
Brazil is an active Key Partner of the OECD, whose co-operation with the OECD dates back to 1994. The OECD Council at Ministerial level adopted a resolution on 16 May 2007 to strengthen the co-operation with Brazil, as well as with China, India, Indonesia and South Africa, through a programme of enhanced engagement, defining these countries as “Key Partners” of the OECD. As a Key Partner, Brazil has access to Partnerships in OECD Bodies, adherence to OECD instruments, integration into OECD statistical reporting and information systems, sector-specific peer reviews, and has been invited to all OECD meetings at Ministerial level since 1999. Brazil contributes to the work of OECD Committees and participates on an equal footing with OECD Members in a number of significant bodies and projects.
To co-ordinate the relationship, the OECD’s Global Relations Secretariat develops and oversees the strategic orientation of this relationship and ensures that the dialogue remains focused, forward-looking and mutually beneficial. Usually, meetings are held between Brazilian officials and experts from OECD countries and the OECD Secretariat on topics mutually agreed on and jointly prepared with analytical studies. This results in a mutually beneficial relationship.
Brazil values the opportunity to discuss major policy issues and challenges in a multilateral context and to learn from the experiences of OECD countries facing similar challenges in many areas. The relationship also benefits OECD members and non-OECD economies by enabling them to acquire a better understanding of Brazil as it has become a major actor in the globalised economy.
Consolidating this growing and mutually beneficial co-operation, during May 2017 Brazil officially expressed its interest in becoming an OECD Member. Since then, the country has further intensified its co-operation with the OECD ensuring broad convergence with the Organisation’s standards and seeking to upgrade its Partnerships in OECD bodies.