Romania's PM-designate eyes OECD membership as 'third external anchor'

Prime Minister-designate Adrian Veștea has declared Romania's accession to the Organisation for Economic Co-operation and Development (OECD) a strategic priority, characterizing it as the nation's "third external anchor" following its integration into the European Union and NATO. Veștea emphasized that joining the OECD is crucial for enhancing Romania's economic standing on the global stage.

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The third external anchor for Romania after the EU and NATO is the Organisation for Economic Co-operation and Development. Accession to the OECD will bring economic stability, credibility, and predictability to Romania.

In a social media post, Veștea announced a meeting with Luca Niculescu, who he referred to as the "future Minister of Foreign Affairs" and the national coordinator for Romania's OECD accession process. The discussion focused on the final draft of the government program slated for presentation to Parliament. Veștea expressed his ambition to expedite Romania's entry into the OECD, an organization comprising the world's most developed economies.

Veștea articulated that membership in the OECD will usher in significant economic benefits for Romania, including increased stability, credibility, and predictability. He anticipates that these factors will translate into higher quality investments and a strengthening of governance standards, describing the organization as a "true school of good governance."

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My ambition is to finalize the process of Romania's accession to the OECD as soon as possible. To thus enter this club of the 38 most developed states in the world, which represent approximately 60% of global nominal GDP.

He further described the OECD accession as a "true national project" that enjoys broad consensus within Romanian society. Veștea stressed that finalizing negotiations and implementing the necessary reforms are contingent upon internal political stability. He concluded by stating the need for a fully empowered government to ensure sustained and balanced dialogue, essential for achieving this objective.

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Finalizing this endeavor represents a true national project and we will do everything in our power to achieve this objective which has consensus at the level of Romanian society. Obviously, including from this perspective, for sustained and balanced dialogue, we need a Government with full powers.