Brazil receives support from the United States to join the OECD

With the support of the United States, Brazil's chances of entering the Organization for Economic Cooperation and Development increase. A OECD, also known as the “club of the rich”, is an international structure composed mainly of countries with high HDI and GDP. Its objective is to facilitate the development and stability of the members of the organization.

The North American country's support was announced through a note from the American embassy located in Brasília. The announcement was made public this Tuesday (14th) and clearly demonstrates the desire of the United States to prioritize the Brazilian candidacy. Want to know more about the embassy statement? Then continue reading this article!

More information on US support for Brazil's entry into the OECD

According to the note, the United States wants Brazil to be the next country to join the international organization. It is important to mention that, in October of last year, the speech was different. US Secretary of State Mike Popeo stated in a letter to the OECD, that the North American country would like to give its support to Argentina and Romania.

However, now things have changed with the note that was released yesterday. The United States began to prioritize the Brazilian candidacy. With regard to the replacement of Argentina by Brazil, it can be justified by the change in the president of the neighboring country. Mauricio Macri, candidate supported by Trump, did not assume power, being beaten by Alberto Fernández.

The announcement of US support was well received in Brazil. According to the Minister of Foreign Affairs, the US country's decision indicates the existence of a "solid partnership" between the two nations, which can bring about results in the short, medium and long term.

The executive secretary of the Ministry of Economy also spoke on the matter. Marcelo Guaranys said this Wednesday (15) that Brazil must join the OECD within a period of 2 years if it is accepted by the member countries of the organization.

Final considerations

Having said that, we News Report we hope to have clarified the main information about the announcement by the United States regarding Brazil's entry into the OECD. Comment what you think about the support of the North American country. Also, be sure to follow our website to learn more news related to the economy of the country and the world! We will always try to keep you informed!

 

Source: G1