Romania has received France’s support for joining the Organization for Economic Cooperation and Development (OECD), according to a press release issued by the Ministry of Public Finance.

The institution also states that eventual membership in this organization means increasing the confidence in the Romanian economy both of the world’s big economies (USA, China, Japan) and of countries in the region with European aspirations such as Moldova, Macedonia, Albania , Serbia, but also means the implicit global recognition of the status of a functioning market economy, according to Agerpres.

“An eventual accession of Romania to the OECD involves a number of advantages such as: increasing the confidence in the Romanian economy of the world’s big economies (USA, China, Japan) and the states in the region with European aspirations such as the Republic of Moldova, Macedonia , Albania, Serbia, access to the OECD’s economic decision-making instruments and centers and the possibility of contributing to global economic governance, receiving public policy assistance from OECD members by undertaking periodic evaluations of Romania’s policies in specific areas peer reviews, Romania’s membership of the selected club of developed economies and implicit recognition of the status of a functioning market economy and enhanced democracy on a global scale, with a positive impact on the country rating and the attraction of foreign investments,” the release shows.