The Organisation for Economic Co-operation and Development (OECD) was founded in Paris precisely 60 years ago. The Organisation commemorates its anniversary at the invitation of OECD Secretary-General Ángel Gurría, the French President Emmanuel Macron and Spain’s Prime Minister Pedro Sánchez, who chaired this year’s OECD Ministerial Council Meeting.

Economic Affairs Minister Altmaier said: “The OECD has been a strong pillar of multilateralism for sixty years now. It is a unique forum to exchange experience. Its analytical expertise has contributed considerably to developing joint responses to global challenges, including climate change mitigation, digitalisation, taxation and trade. OECD data and analyses are currently a major element to shape the economic recovery after the COVID-19 pandemic. Congratulations on the anniversary and my thanks to all of you for your excellent and important work!”

The Convention on the Organisation for Economic Co-operation and Development to establish the Organisation was signed by the twenty founding members, including Germany, on 14 December 1960 and entered into force on 30 September 1961. The number of member countries has since risen to 37. The task of the OECD is to promote economic growth and global trade and to improve people’s quality of life. It considerably contributes to shaping national and international policies by providing comparative analyses and studies, and developing standards. Together with other international organisations, it has an important advisory function regarding global matters, for example in the context of the preparation of G7/G20 Summits. In its ‘Coronavirus Digital Content Hub’, the OECD makes available current, internationally comparable information about the COVID-19 crisis..