25 years of the Czech Republic's OECD Membership

In 2020, the Czech Republic celebrates a quarter of a century of membership in the Organization for Economic Co-operation and Development. On this occasion, the Ministry of Foreign Affairs of the Czech Republic organized a conference on 8 December 2020 with the participation of OECD Director General Angel Gurría and other important foreign guests "Czech Republic and OECD - 25 years: Past and Future". Its goal was not only to celebrate the 25th anniversary of the Czech Republic's membership in the OECD, but also to present the new OECD economic outlook for the Czech Republic.

The 25th anniversary of the Czech Republic's membership in the OECD is also significant for the Confederation of Industry of the Czech Republic, the largest business and employer organization at the national level. OECD membership is not automatic, each candidate country must demonstrate political readiness and economic stability in order to become a member of this prestigious community of the world's most economically advanced countries recognizing the principles of democracy and a market economy.

Companies operating in the Czech Republic and associated under the auspices of the Confederation of Industry of the Czech Republic also made a significant contribution to this stability and credibility. In 1995, when the Czech Republic became a member of the OECD, the process of preparation for the entry of the Confederation of Industry into BIAC was also started. At the beginning of 1996, the Czech BIAC was established, represented at the highest level by leading figures in Czech business and industry, and represented at selected meetings by selected experts. As the OECD's role in shaping policies to promote prosperity, equality, opportunity and prosperity has gradually strengthened, and its influence has grown within the G-20, so has the role of global business under the BIAC.

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