President Bachelet’s visit further strengthened the relationship between Chile and the OECD (read  Mr Gurría's speech).

Chile is one of five countries (the others are Estonia, Israel, Russia and Slovenia) in the process of meeting the obligations necessary to be invited to become a member of the Organisation.

In addition to discussions about the economic and financial crisis, Chilean Finance Minister Andrés Velasco and the Secretary-General signed the ‘Protocol Privileges and Immunities’, a step in the accession process. 

  Video of Madame Bachelet's address  to council; Complete text.