OECD invites Russia, 4 other states, to talk membership
Afp, Paris
The Organisation for Economic Cooperation and Development invited Russia and four other nations to join OECD membership talks on Wednesday and said it would give priority to southeast Asia in future. The 30-member OECD, which trys to coordinate economic policies among industrialised countries, could now expand to include Russia, Estonia, Chile, Israel and Slovenia. But it also held out the possibility that emerging market powerhouses Brazil, China, India, Indonesia and South Africa could eventually join the club as well. "OECD countries agreed to invite Chile, Estonia, Israel, Russia and Slovenia to open discussions for membership of the organisation and offered enhanced engagement, with a view to possible membership, to Brazil, China, India, Indonesia and South Africa," the organisation said in a statement during its annual ministerial meeting.
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