Lithuania Seeks OECD Invitation to Start Accession Talks in May

Lithuania is competing for one of the invitations to start accession talks that the Organization for Economic Cooperation and Development is expected to issue in May, President Dalia Grybauskaite said.

“Joining the OECD would make Lithuania more attractive to foreign investors, improve our debt ratings and reduce borrowing costs,” Grybauskaite said today after a meeting in Oslo with OECD Secretary-General Angel Gurria, the president’s office in Vilnius said in an e-mailed statement.