The United Kingdom, along with 19 other countries, signed the Convention founding the Organisation for Economic Co-Operation and Development on 14 December 1960, thereby pledged its full dedication to achieving the Organisation’s fundamental aims.
How does the United Kingdom work with the OECD?
Like all the member countries, the government of the United Kingdom maintains a permanent delegation to the OECD, composed of an ambassador and diplomats. As a member of the Council, the United Kingdom's ambassador, in consultation with his peers, agrees the programme of work which is described in the annual report and establishes the volume of the annual budget, contributions being assessed according to the relative size of each country’s economy.
Members of the UK Delegation monitor the work of the OECD’s various committees as well as the activities of the International Transport Forum (ITF), the International Energy Agency (IEA), the Nuclear Energy Agency (NEA) and the Sahel and West Africa Club (SWAC), of which the United Kingdom is a member.
What are the benefits of OECD membership?
The benefits for countries are many. Through its country surveys and comparable statistical and economic data, the OECD provides its member countries tools with which to analyse and monitor their economic, social and environmental policies. Countries can draw on the OECD’s reservoir of expertise, including peer reviews, and they can access all of the research and analysis conducted by the Secretariat. Covering the full economic and social spectrum, this work could not be carried out by any one country alone.
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