Exclusive: Brazil eyes OECD membership to woo investors after recession

Brazil could decide to join the Organisation for Economic Co-operation and Development (OECD) as soon as next month, officials told Reuters, as President Michel Temer seeks its seal of approval for reforms to Latin America’s largest economy.

Temer’s intention to join the Paris-based think tank is his latest effort to strengthen ties with Western developed nations after previous Brazilian governments prioritized relations with developing peers.

The OECD advises its 35 members of mostly rich countries and is considered a key influencer in the world’s economic architecture.

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