Brazil and the OECD

Highlights
Brazil is one of the many non-member economies with which the OECD has working relationships in addition to its member countries. In 1998, in response to a request from the Brazilian authorities for closer co-operation with the OECD, the OECD Council established a country-specific programme for Brazil. Since then, Brazil has become a strong and active partner of the OECD. The OECD Council at Ministerial level adopted a resolution on 16 May 2007 to strengthen the co-operation with Brazil, as well as with China, India, Indonesia and South Africa, through a programme of enhanced engagement. While enhanced engagement is distinct from accession to the OECD, it has the potential in the future to lead to membership.

Mutual benefit
Brazil values the opportunity to discuss major policy issues and challenges in a multilateral context and to learn from the experiences of OECD countries facing similar challenges in many areas. The relationship also benefits OECD members and non-OECD economies by enabling them to acquire a better understanding of Brazil as it has become a major actor in the globalised economy

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How is the co-operation co-ordinated?
The Brazilian government has established an Inter-ministerial Working Group for OECD Affairs in Brasilia. The OECD’s Global Relations secretariat develops and oversees the strategic orientation of this relationship and ensures that the dialogue remains focused, forward-looking and mutually beneficial. Usually, meetings are held between Brazilian officials, and experts from OECD countries and the OECD Secretariat, on topics mutually agreed on and jointly prepared with analytical studies.

Areas of work
OECD Surveys provide a comprehensive overview of the main economic challenges faced by Brazil and give concrete recommendations aimed at further strengthening policy reform. Brazil also participates in activities in various policy areas including competition policy, securities markets, insurance and pensions, statistics, budgeting, taxation, debt management, agriculture and corporate governance.

Brazil’s participation in OECD general activities
Brazil has been invited to all OECD meetings at Ministerial level since 1999. It has adhered to OECD legal instruments such as the OECD Convention on Combating Bribery of Foreign Public Officials in Internationial Business Transactions, participates in OECD committees, and is a member of the OECD's Development Centre. Brazil has also signed the OECD Declaration and Decisions on International Investment and Multinational Enterprise. Finally, it supports the OECD’s regionally-focused activities in Brazil, hosting regional meetings on anti-corruption or corporate governance.

>> Latest OECD work on Brazil