Rwanda has joined the Organisation for Economic Co-operation and Development (OECD) Development Centre as its 55th member.
The admission was announced during the 5th High Level Meeting of the OECD Development Center Governing Board currently taking place in Paris, France, according to a statement.
“On behalf of the Government and people of Rwanda, I wish to convey our appreciation to the OECD Secretariat, as well as the OECD Development Centre teams who have worked with us for four years to ensure Rwanda’s membership,” the Minister of Trade and Industry, Soraya Hakuziyaremye told the forum.
She noted that the development was a testimony to the country’s transformational development path, commitment to sharing the lessons learned, and willingness to enhance cooperation with other member States, while accessing best practices of development from other OECD members.
Working with and within the Development Center will allow Rwanda to participate and contribute to evidence-based policy dialogue, in particular in reviewing and designing key policies and reforms in terms of youth employment, increasing tax base, enhancing the role of private sector and reviewing the country’s industrial policy, according to the minister.
Rwanda applied to join the OECD Center in November 2018. It becomes the first member from the East African Community.
The OECD Development Centre, which was established in 1961, is an independent platform for knowledge sharing and policy dialogue between Organisation for Economic Co-operation and Development member countries and developing economies to allow nations to interact on an equal footing.