May 20, 2022

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The Organization for Economic Co-operation and Development agrees to a call to start accession negotiations for Brazil - 01/25/2022

The Organization for Economic Co-operation and Development agrees to a call to start accession negotiations for Brazil – 01/25/2022

After years of waiting, the Brazilian government will finally begin negotiating membership in the Organization for Economic Co-operation and Development (OECD). This was one of the main objectives of the foreign policy of Jair Bolsonaro, because the entity is a kind of seal of the open economy.

But the process can take years to complete and there is not even a deadline for completing the process. The information in the column was confirmed by Brazilian diplomats.

In 2019, in exchange for US support for Brazil’s accession, the government made profits in various regions, and even accepted the import of US wheat with higher quotas. But, struggling to accept further expansion, the US government ended up in trouble with the Europeans, who wanted their candidates.

If the invitation is an important formal step, there is no guarantee that it will mean joining. Sources in Paris pointed to at least two critical aspects: political support and the relevance of national laws to international standards.

In order to participate, Brazil will have to adopt a series of rules in various sectors. Recently, it has also become clear that the government has to show its commitment to reducing deforestation in order for it to be accepted. Some European governments have warned that, given the country’s environmental situation and Bolsonaro’s dismantling of policies in this area, there will be no guaranteed space for the process to advance,

Another thorny issue is the fight against corruption. In recent reports, the OECD has publicly criticized the executive branch’s interference in justice and cautioned about Bolsonaro’s position on the issue.

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Politically, the difficulties do not cease to be important. For membership, Brazil will have to count on the votes of existing members, including governments that have clashed with Bolsonaro.

But in Paris, negotiators believe approval of the process is already a signal for a possible future Brazilian government, starting in 2023.

In 2007, the Organization for Economic Co-operation and Development also agreed to a resolution inviting Brazil to negotiate membership. But with an eye on developing nations, the Lula government’s choice was to decline the offer.