OECD Accession Roadmap for Croatia.

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 | Economy |
Updated By: History Editorial Network (HEN)
Published: 
5 min read

In June 2022, the OECD (Organisation for Economic Co-operation and Development) formally adopted the Accession Roadmap for Croatia, a key step in Croatia’s journey to becoming a member of the organization. This roadmap laid out the detailed framework and conditions for Croatia’s accession process, which included technical reviews by 25 OECD committees. These committees would thoroughly evaluate Croatia's policies, standards, and practices across various sectors to ensure alignment with OECD requirements. On January 25, 2022, the OECD Council (Organisation for Economic Co-operation and Development) made a significant decision to open accession negotiations with Croatia. This marked an important milestone for Croatia as it began the process of potentially joining the prestigious international organization. The OECD, known for promoting policies that improve economic and social well-being worldwide, has 38 member countries, and Croatia’s prospective membership would further solidify its integration into the global economic community. Croatia’s path to joining the OECD is a reflection of its broader efforts to align with international standards and practices, especially after its 2013 accession to the European Union. Becoming a full OECD member would grant Croatia access to the organization’s extensive resources, expertise, and networks, helping it further develop in areas such as economic governance, environmental policies, and education reforms. The opening of these negotiations was a step forward, though the accession process involves a rigorous and comprehensive evaluation of Croatia’s policies and standards in line with OECD requirements. Countries aspiring to join must demonstrate their commitment to the values and principles of the organization, which include a market-based economy, democracy, and the rule of law. For Croatia, entering into negotiations with the OECD represented both a diplomatic achievement and an opportunity for continued economic growth and reform. #OECD #Croatia #AccessionNegotiations #GlobalEconomy #MomentsOfLife #MoofLife_Moment #MoofLife
Primary Reference: Croatia and the OECD
Location : Croatia
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