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4/07/2011

OECD official expresses hope for Chile to join G-20

A top official with the Organization for Economic Cooperation and Development (OECD) said Tuesday that the "impressive economic and political development" Chile has achieved in recent years might help the nation join the Group of 20 major economies (G-20).

"The OECD could be used for Chile as a trampoline in order to get to the G-20," OECD Secretary-General Angel Gurria told Chile's parliament during a working visit to Chile.

Gurria also praised Chile for its economic and political development in recent years. Chile's membership is "a testimony of the extraordinary economic and social transformation that this country has experienced in the last two decades," said Gurria, who was received by Chile's President Sebastian Pinera during the visit.

Gurria on Tuesday ended his first visit to Santiago since Chile became a member of the OECD over a year ago. He said the acceptance of Chile into the OECD can pave the way for the South American country into the G-20, which is a group of 19 industrialized or recently industrialized countries plus the European Union.

"Chile has since the beginning of the membership process understood the potential," the Mexican national said. Chile last year became the first South American member country of the OECD and the second in Latin America after Mexico, which has set a goal to become recognized as an industrialized country within the next decade.

"Chile is a young and dynamic country with very useful experiences and a political focus that is extremely interesting," Gurria said. Moreover, he said that the OECD is working on a joint report on the state of economic affairs and development issues with the Chilean parliament that will be presented in April 2012.

The OECD, which has become increasingly known as the "rich countries' club," seeks to improve the coordination of public policies within the G-20 in order to promote sustainable economic growth worldwide. Meanwhile, the OECD has created norms to fight corruption, set up transparent and efficient fiscal systems and strengthen food security.

"The member countries come to the OECD to learn about each other, to improve the colaboration of policies and to prepare norms and international rules to be at the forefront of world challenges," Gurria said.

The OECD "has improved the function of the world economy and has served as a catalyst for national reforms in our member countries," he said. Gurria also cited the decision by the G-20 to get rid of secret offshore banking systems and set up an anti-corruption convention.

Gurria also mentioned the OECD was the first international organization to set up comparative indicators for educational development in member countries to evaluate the quality of the educational systems.

Source: http://english.peopledaily.com.cn

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