Brazil not in a hurry to join OECD, says economy minister

According to Paulo Guedes, joining the Organization for Economic Cooperation and Development (OECD), a club of rich countries, is lengthy and "may take some more time."

RIO DE JANEIRO, BRAZIL - Economy Minister Paulo Guedes said Tuesday (21) that Brazil is behind schedule in joining the OECD, the Organization for Economic Cooperation and Development, a club of wealthy countries. The statement was made at the opening event of the Brazil-OECD Week.

According to Guedes, Brazil is interested in maintaining what it sees as the positive influence of the OECD to improve its economic environment. Nevertheless, he acknowledged that the process of joining the international body is lengthy and may take some time.

"The process of joining the OECD is long and may take some time. Brazil . . .

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