The Organization for Economic Cooperation and Development, a major international body with a very self explanatory name, agrees that Israel is on track for membership by the end of 2010.
After a day of talks with Israeli leaders, agreements were reached on the responsibilities of each party. Finance Minister Yuval Steinitz said that the development is good news for Israel.
The AFP Reports:
Lieberman hailed the expected accession to the 30-member organisation as an important milestone for Israel and its standing in the international arena.
“It means being a part of one of the most prestigious international clubs,” Lieberman told AFP.
“We are in the first line with all the most advanced nations in the world and it is something the Israeli foreign ministry has put in enormous effort to achieve,” he said.
However, he acknowledged that the Jewish state still has some issues to resolve, particularly in enforcing intellectual property laws.
In December, an OECD report said Israel “should be more proactive in detecting, investigating and prosecuting foreign bribery cases, notably those involving the defence industry.”
Israeli officials expect to join the OECD — which seeks to coordinate economic policies among the world’s leading industrialised nations — within months, three years after the start of the membership process in May 2007.
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