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January 28, 2022
OECD Council opens accession discussions with Peru as a candidate for OECD membership
The OECD opened accession discussions with Peru for OECD membership. The timeline for accession depends on whether Peru is aligned with the OECD’s standards, policies and practices.
On 25 January 2022, the Organisation for Economic Co-operation and Development (OECD) officially announced that the OECD Council decided to open accession discussions with Peru as a candidate for OECD membership.
The process will include evaluations by 20 technical committees of Peru’s alignment with the OECD’s standards, policies and practices. There is no deadline for completing the accession process. The outcome and timeline depend on each candidate country’s capacity to adapt and adjust to align with the OECD’s standards and best practices.
For additional information with respect to this Alert, please contact the following:
Ernst & Young Asesores S.C.R.L, Lima
Ernst & Young LLP (United States), Latin American Business Center, New York
Ernst & Young Abogados, Latin America Business Center, Madrid
Ernst & Young LLP (United Kingdom), Latin American Business Center, London
Ernst & Young Tax Co., Latin American Business Center, Japan & Asia Pacific