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Financial News: ARGENTINA: Country Set To Join The OECD, Says

ARGENTINA: Country Set To Join The OECD, Says Government's Chief-of-staff

11/07/2017 - 15:57:00 (RTTNews)

(RTTNews) - Mauricio Macri's administration chief-of-staff, Marcos Peña, said that the negotiations for Argentina to join the Organization for Economic Co-operation and Development (OECD) are "very advanced" and that "the country is in position to be accepted."

Peña's statements were made during the Congress of the G-20's Council of Councils, organized by the Argentinean Council for Foreign Affairs (CARI).

The head of the Cabinet also indicated that it is positive for Argentina to be part of this organization, as well as "to follow the institutional obligations and conditions" that such membership implies.

In the latest OECD report on the country, in July of this year, the agency indicated that after years of unsustainable economic policies, Argentina undertook bold reforms that helped avoid another crisis and stabilize the economy, although on that occasion the entity stressed that "there is still a challenging reform agenda to deliver better standards of material life for all Argentineans."

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