October 10, 2021. Lima, Peru.- The Ministry of Foreign Affairs (RREE) reported that the President of the Republic, Pedro Castillo, sent an official letter to the Secretary General of the Organization for Economic Cooperation and Development (OECD), Mathias Cormann, in order to manifest the “firm position” of Peru to be part of the international organization.
“President Pedro Castillo sent a letter to the Secretary General of the OECD, Mathias Cormann, in which he ratified Peru’s firm aspiration to become a member of this organization, in order to raise standards in the implementation of public policies”, revealed the Foreign Ministry through a post on Twitter.
Likewise, in the letter, delivered last Saturday 9, Castillo Terrones highlighted the permanent link between Peru and the OECD, “based on our country’s commitment to the implementation of public policies that improve the living conditions of all citizens, as well as mitigate the negative effects of the COVID-19 pandemic″, remarked the ministry headed by Óscar Maúrtua.
“The link between Peru and the OECD can continue to promote the improvement of the living conditions of all citizens and mitigate the negative effects of the pandemic”, added the post on social media.
According to Agencias Andina, the head of government stressed in the document that “our relationship with the OECD is based on the values we share with its members, such as democracy, the rule of law, respect for human rights, the fight against corruption and the protection of the environment”.
In addition to reiterating Peru’s intention to collaborate and exchange experiences with the objective of “continue promoting equitable, sustainable and inclusive development”.
In 2018, Peru became a Part to the OECD Convention to Combat Bribery of Foreign Public Officials in International Business Transactions (Anti-Bribery Convention) and to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters; this with the invariable purpose of fighting corruption and promoting greater transparency and information exchange.
The OECD is a body that seeks multilateral cooperation that is made up of 38 nations, its objective is to coordinate economic and social policies. In this line, last Friday the 8th, the meeting between members of the OECD, G20 and the European Union agreed to impose an international tax reform that provides a minimum tax of 15% to multinational companies.
“Members of the Inclusive Framework join the agreement to reform our international tax system to make it fairer and function better in a digitized and globalized world economy”, Mathias Cormann posted on Twitter.