Jakarta: International exchange hosted by an organization whose function is to facilitate the interests of all countries involved in the standardization of all forms of regulation that apply. These rules would later become guidelines for establishing trade agreement relationships across national borders.

The international organization is the Organization for Economic Co-operation and Development (OECD). In general, international business cooperation relationships occur due to the interdependence between one country and another.

This dependence is caused by the fact that the state cannot meet all the needs of its population, both for consumption and for industrial purposes.

The birth of a trade organization at the international level was specifically formed by many countries in the world trade organization so that it is operationally unified or uniform and does not harm certain parties or countries.

The World Trade Organization is usually formed from the agreement of many countries and is international in nature. Under the auspices of The United Nationsthe global body that is actively coordinating the formation of a world trade organization is called the Organization for Economic Co-operation and Development (OECD).

However, no less important are the non-governmental organizations that play a very useful and productive role in issuing or issuing various guidelines or references in the operation of international trade, such as the International Chamber of Commerce or the International Chamber of Commerce. Come on, let’s get to know the OECD better, excerpt from the page Smart class:

What is the OECD?

Beginning in 1948 as the Organization for European Economic Cooperation (OEEC), it was led by Frenchman Robert Marjolin to help implement the Marshall Plan for the reconstruction of Europe after World War II. Later its membership extended to non-European countries and in 1961 it was reformed as an OECD by the Convention on the Organization for Economic Co-operation and Development.

The Organization for Economic Cooperation and Development (OECD) is an international organization founded on the Paris Convention in 1960. The organization aims to strengthen cooperation and promotion in the economic field, to formulate and coordinate assistance to provided by member countries to developing countries, including contribution to increased world trade.

The OECD brings together 35 countries to set standards and design policies to improve the functioning of the country’s economy. Due to its multidisciplinary nature, the OECD has accumulated expertise in various public policy areas, such as agriculture, competition, education, employment, migration, science, technology and innovation. .

The OECD is also one of the largest and most reliable sources of statistical data on the world economy and society. The OECD also plays an active role in supporting G20 activities.

Through a collaborative network of 250 special committees and working groups, the OECD provides a platform that allows governments to compare experiences in various policies, find solutions to common problems, identify good practices and to set global standards.

Recognizing the increasingly important role of partners in the global economy, in May 2007 the OECD launched the Enhanced Engagement (EE) program with Indonesia and four other countries, namely Brazil, the People’s Republic of China , India and South Africa. The EE includes a flexible and gradual cooperation according to the interests of each country.

Through direct involvement in the work of the OECD, each EE partner enriches policy discussions among the international community and ensures that OECD policy analysis and standards reflect a wide range of interests and practices.

(REN)