About the OECD

Convention on the OECD

 

The Convention on the OECD was signed in Paris on 14 December 1960 when the Organisation for European Economic Co-operation (OEEC), formed in 1948 to administer aid under the Marshall Plan for the reconstruction of Europe after World War II, was reconstituted as the Organisation for Economic Co-operation and Development, "in order to strengthen the tradition of co-operation and apply it to new tasks and broader objectives".

The Convention came into force on 30 September 1961. 

Supplementary protocols

The Convention is complemented by:

Ratification

Thirty four countries are now party to the Convention, the twenty "founder" Members and a further fourteen who have subsequently become Members. 

Declarations by certain Member countries

Some countries have made "Declarations" concerning principally the territorial application of the OECD Convention.

 

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