Thailand to Begin OECD Membership Process
The Organisation for Economic Co-operation and Development has agreed to initiate accession talks with Thailand. Membership would elevate Thailand to international standards and improve the quality of life for its citizens. The process requires Thailand to align its policies with OECD standards, involving cooperation from all sectors of society.
The Organisation for Economic Co-operation and Development (OECD) has unanimously agreed to initiate accession talks with Thailand.
Membership in the OECD would elevate Thailand to international standards, enhance trade negotiations, and improve the quality of life for its citizens, according to the National Economic and Social Development Council (NESDC).
Thailand submitted its initial letter of intent to join the OECD in April 2024 and was later invited to a special session with the OECD Council where it demonstrated its commitment to membership.
As a result, Thailand is now recognized as an OECD Accession Country.
The next step involves the OECD Secretary-General preparing an Accession Roadmap detailing the steps and conditions for membership.
Thailand must align its legislation, policies, and practices with OECD standards throughout the process, involving various sectors such as governance, transparency, and education, among others.
The process requires cooperation from the government, private sector, public, and civil society.
This effort is not akin to entering a free trade agreement but rather aims to elevate Thailand's standards to developed country norms, according to the NESDC.
Membership in the OECD would elevate Thailand to international standards, enhance trade negotiations, and improve the quality of life for its citizens, according to the National Economic and Social Development Council (NESDC).
Thailand submitted its initial letter of intent to join the OECD in April 2024 and was later invited to a special session with the OECD Council where it demonstrated its commitment to membership.
As a result, Thailand is now recognized as an OECD Accession Country.
The next step involves the OECD Secretary-General preparing an Accession Roadmap detailing the steps and conditions for membership.
Thailand must align its legislation, policies, and practices with OECD standards throughout the process, involving various sectors such as governance, transparency, and education, among others.
The process requires cooperation from the government, private sector, public, and civil society.
This effort is not akin to entering a free trade agreement but rather aims to elevate Thailand's standards to developed country norms, according to the NESDC.
