Argentina ratified its commitment to consolidate a modern and competitive economy with the highest international standards, during the meetings of the Council of Ministers of the OECD and the Mini Ministerial of the WTO, the Foreign Ministry reported on Friday (24.5.2019), which assured that "Argentina's presence is consolidated" in these organizations.
The country is "making progress in best practices" in governance for when the group of countries that will be accepted is defined, the Foreign Ministry also indicated in a statement, in reference to the meetings held in Paris this week.
«Today, Argentina is the only candidate country to have obtained the unanimous support of the 36 member countries to begin the accession process; but it has not yet received the invitation because there is no consensus regarding who will accompany it within the invitation package», expressed diplomatic sources consulted by Télam.
And they emphasized that "the latest notable support was from the influential Center for Strategic and International Studies, a think tank based in Washington, which urged the 36 member countries to advance consensus so that the country can get the green light."
Accessing the OECD is a complex and lengthy process, and this is reflected in the fact that only 16 countries have joined in almost six decades; Chile and Colombia, the last Latin American countries to join, completed the process in six and eight years, respectively.
At the OECD meeting, discussions focused on the impact of digital trade on the current economy, and in this context, Argentina, along with 41 other countries, signed the first international instrument on artificial intelligence (AI).
At the meeting of WTO members, progress was made on the debate on the reform of the organization that regulates international trade, in which the Argentine delegation, headed by the Secretary of International Economic Relations, Horacio Reyser, also participated.
Argentina helped identify concrete elements for strengthening, modernizing and reforming the organization, and stressed the need to face the challenges of the 21st century and resolve pending issues such as agriculture, fisheries and services.
During the meeting, a Ministerial Declaration on National Regulation of Services was signed by Argentina along with 58 other members, which recognizes the importance of promoting good practices in this area.
The services sector is one of the most dynamic in international trade, generating global exports worth US$ 5,3 billion; in Argentina, services represent 18,6% of total exports.
Source: Telam
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