In 2018, Lithuania joined the Organisation for Economic Co-operation and Development (OECD). The OECD brings together modern countries with advanced economies. Invitation to the OECD demonstrates a country's maturity and institutional capacity. The OECD not only promotes economic reforms, but also shapes the world's views on how global challenges should be addressed. Lithuania's participation in this influential global organisation strengthens the country's influence and national security, and gives it the opportunity to make its voice heard on issues on the international agenda.
On 16 November 2022, the OECD Development Assistance Committee (DAC) approved Lithuania's membership in this important committee, which brings together donor countries and aims to address development cooperation issues, conduct analyses and studies, and set international standards. By becoming the 31st member of this international development cooperation forum, Lithuania has the opportunity to participate in decision-making on international standards for development cooperation, to increase the effectiveness of its policies, to benefit from peer-reviews and to share good practices.
By becoming a member of the OECD Development Assistance Committee, Lithuania has undertaken to implement the Committee's recommendations, to follow its guidelines in formulating its development cooperation policy, to report on development cooperation statistics, and to participate in the Committee's meetings and subordinate working groups.
The mandate of the OECD Development Assistance Committee is to promote development cooperation and other related policies to contribute to the implementation of the 2030 Agenda for Sustainable Development, including:
Membership in the OECD Development Assistance Committee provides opportinity for Lithuania to access OECD data and analytical insights for decision-making on development cooperation effectiveness, attracting private finance, digitalisation and innovation development, empowering civil society, poverty reduction and promoting equality.