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Deputy Secretary General of the OECD supports Peru’s accession to the organization

By Espinosa Bellido Abogados - 16/09/2022

In January 2022, the Organisation for Economic Co-operation and Development (OECD) decided to open accession discussions with six candidates to OECD Membership, including Peru.

This follows careful deliberation by OECD Members on the basis of its evidence based Framework for Consideration of Prospective Members and the progress made by the candidate since their first respective requests for OECD membership. 

Individual roadmaps for the detailed assessment process are now being prepared provided those countries confirm their adherence to the values, vision and priorities reflected in the OECD’s 60th Anniversary Vision Statement and the Ministerial Council Statement adopted last year.

These documents reaffirm the goals of the OECD’s founding Convention, to which new Members must accede, and set out the values shared by OECD Members, including the preservation of individual liberty, the values of democracy, the rule of law and the protection of human rights, and the value of open, trading, competitive, sustainable and transparent market economies. They also refer to OECD Members’ commitment to promote sustainable and inclusive economic growth and their goals to tackle climate change, including halting and reversing biodiversity loss and deforestation.

As responses are received from candidate countries to the letter from the Secretary-General, individual Accession Roadmaps will be considered and adopted by the OECD Council, setting out the terms, conditions and process for accession and reflecting priority areas already identified by OECD Members.

The process will include a rigorous and in-depth evaluation by more than 20 technical committees, of the candidate country’s alignment with OECD standards, policies and practices.

As a result of these technical reviews, and prior to any invitation to join the organisation as Members, changes to the candidate countries’ legislation, policy and practices will be required to bring them into line with OECD standards and best practices, thus serving as a powerful catalyst for reform.

The technical reviews will cover a wide range of policy areas and will focus on priority issues including open trade and investment, progress on public governance, integrity and anti-corruption efforts, as well as the effective protection of the environment and action on climate.

There is no deadline for completion of the accession processes. The outcome and timeline depend on each candidate country’s capacity to adapt and adjust to align with the Organisation’s standards and best practices.

On September 6, 2022, OECD Deputy Secretary-General Ulrik Vestergaard Knudsen visited Lima to discuss the implementation of the roadmap within the process of Peru's accession to the multilateral organization.

The accession process contributes to strengthening the Peruvian State's institutional capacities, which translates into better public policies for the benefit of all Peruvians, especially vulnerable populations, Ulrik Vestergaard Knudsen stated.

By Espinosa Bellido Abogados - 16/09/2022
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Espinosa Bellido Abogados

The Industrial Property work of Estudio Francisco Espinosa Bellido Abogados started in 1941 with Dr. Francisco Espinosa Sánchez, father of current senior partner Dr. Francisco Espinosa Bellido and grandfather of current partner Dr. Francisco Espinosa Reboa.

In its 69 years of outstanding legal work the firm has represented the interests of several national and international clients, companies and foreign correspondents obtaining and defending their industrial property rights in Peru, while also displaying an active and remarkable participation in the direction of professional associations in our speciality.

We specialize in counselling, prosecution and litigation in trademarks, patents, trade names, slogans, industrial designs, copyright, domain names, enforcement of those rights as well as unfair competition.