The OECD and Brazil: A growing and mutually beneficial co-operation With a gross domestic product of USD 3.153 trillion and a population of 212 million, Brazil is the largest economy in Latin America and the eighth in the world. On 25 January 2022, the OECD Council decided to open accession discussions with Brazil, along with Argentina, Bulgaria, Croatia, Peru and Romania, kicking off the process for them to become a full member of the Organisation. Brazil has been one of the most active partners of the Organisation since the early 1990s, when the Organisation launched its engagement with four Latin American countries (including Argentina, Chile and Mexico). In 2007, together with China, India, Indonesia and South Africa, Brazil became a Key Partner and has since gradually and constantly increased its participation in the OECD
bodies and projects and adherence to the standards of the Organisation. Consolidating this growing and mutually beneficial co-operation, Brazil presented its application for OECD membership at the Ministerial Council Meeting (MCM) in May 2017.
“It is a top priority for Brazil to keep increasing its engagement with the OECD and its members, specially now throughout the accession process, which Brazil is keen to advance.” Jair Bolsonaro, President of Brazil.
1. GDP in PPP, 2020. Source: World Bank
1996
During President Cardoso’s government, Brazil joins its first OECD committee (Steel committee).
4 . ACTIVE WITH BRAZIL
1999
Minister of Finance Luis Felipe Lampreia visits OECD Headquarters
2000
Brazil joins the Anti-Bribery Convention and Recommendation of the Council against Hard Core Cartels.
2007
Brazil is invited to an “enhanced engagement” with the OECD, subsequently referred to as Key Partnership.
2008
Minister of Foreign Affairs Celso Amorim visits OECD headquarters.
2009
Minister Mantega launches the Economic Survey of Brazil with SecretaryGeneral Gurría in Brasilia.
