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Highlights India is one of the many non-member economies with which the OECD has working relationships in addition to its 30 member countries.The OECD has been co-operating with India since 1995. The OECD Council at Ministerial level adopted a resolution on 16 May 2007 to strengthen the co-operation with India, as well as with Brazil, China, Indonesia and South Africa, through a program of enhanced engagement with a view to possible membership. Mutual benefits India values the opportunity to discuss major policy issues and challenges and to learn from the experiences of OECD countries facing similar challenges. The relationship also benefits OECD Members and non-OECD economies, who are increasingly engaged with India through trade and investment, and who have gained a better understanding of India as it has become a major actor in the globalised economy.
How is the co-operation co-ordinated? The OECD’s Centre for Co-operation with Non-Members develops and oversees the strategic orientation of this relationship and ensures that the dialogue remains focused, forward-looking and mutually beneficial.
Areas of work The OECD’s first Economic Survey of India was released in 2007. India also participates in various policy areas including trade, investment, entrepreneurship and SMEs, development and steel.
India’s participation in OECD general activities India is on the Governing Board of the OECD’s Development Centre and it also participates as an observer in some OECD Committees and various working groups. Indian ministers have also attended a number of Ministerial Council Meeting dialogue sessions with non-OECD countries since 2002. India also supports the OECD regionally-focused activities in Asia, hosting regional forums and workshops on issues including investment, taxation, financial education, private pensions, and development. |
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