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BENEFICIAL CO-OPERATION
by OECD
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.
1. GDP in PPP, 2020. Source: World Bank
“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.
1996
During President Cardoso’s government, Brazil joins its first OECD committee (Steel committee).
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.
“Brazil is ready to initiate the OECD accession process, as requested in April 2017. There is no doubt that Brazil share’s the OECD goals to support sustainable economic growth, end poverty and leave no one behind as well as to protect our environment and improve the lives and prospects of everyone, inside and outside the OECD, as outlined in the OECD Convention. Jair Bolsonaro, President of Brazil BRAZIL IS UPDATING QUOTE
Jair Bolsonaro, President of Brazil, and Mathias Cormann, Secretary-General of the OECD, Rome, 30 October 2021.
2014
OECD launches the Better Life index in Portuguese in São Paulo with football legend Pelé.
2015
Brazil signs Co-operation Agreement and Programme of Work.
2017
Brazil presents its application for OECD membership during the 2017 Ministerial Council Meeting (MCM).
2018
President Michel Temer receives OECD Secretary-General Gurría in Brasilia.
2019
President Jair Bolsonaro and OECD Secretary-General Gurría in Osaka, Japan.
2022
Brazil is invited to start the accession process to become a Member of the OECD
2021
OECD SecretaryGeneral Cormann receives Brazilian high-level delegation during MCM 2021 Part II.
