[QODLink]
Middle East
OECD approves Israel membership bid
Israeli officials hail the vote as a "stamp of approval" for their economy.
Last Modified: 10 May 2010 13:44 GMT
The vote came despite opposition from several OECD member states and human rights groups [AFP]

The 31 members of the Organisation for Economic Cooperation and Development (OECD) have voted unanimously to admit Israel to the group.

The OECD announced its decision on Monday. Two other countries, Slovenia and Estonia, were also admitted to the organisation.

Israel "will contribute to a more plural and open OECD that is playing an increasingly important role in the global economic architecture," said Angel Gurria, the OECD's secretary-general.

Membership in the OECD is largely symbolic, though analysts say it will probably improve Israel's credit rating, making it easier for the government to borrow.

Yuval Steinitz, Israel's finance minister, said the OECD's vote is of "immense importance" in an interview with Israel's Army Radio.

Other Israeli officials described the vote as a "stamp of approval" for their economy.

Scattered opposition

The unanimous vote came despite scattered opposition from several OECD member states, Palestinian officials, and international human rights groups.

Three OECD members - Switzerland, Ireland and Norway - expressed concerns about the economic data Israel provided as part of the OECD accession process.

All three states said they were concerned that the data included statistics from settlements in the occupied West Bank and East Jerusalem - land outside Israel's recognised borders.

Salam Fayyad, the Palestinian prime minister, reportedly called the heads of many OECD states over the weekend to lobby against Israel's membership.

Riyad al-Malki, the Palestinian Authority's minister of foreign affairs, warned in a letter to OECD members last week that accepting Israel would legitimise "dangerous" and "racist" policies towards Palestinians.

Several human rights groups also urged the OECD to reject Israel.

Source:
Al Jazeera and agencies
Topics in this article
People
Country
City
Organisation
Featured on Al Jazeera
An interactive dashboard examines the history, successes and challenges facing the group as leaders meet in Addis Ababa.
Series on the Palestinian 'catastrophe' of 1948 that led to dispossession and conflict that still endures.
Fallout from rare strike at Arabtec Construction continues, as many South Asian labourers ordered to leave the country.
A four-part series that gives a rare insight into the country on the move, with history in tow.
Featured
Two years since the start of the uprising, rebels and Assad's forces remain locked in conflict.
A four-part series that gives a rare insight into the country on the move, with history in tow.
News and analysis of 2013 presidential contest as Ahmadinejad finishes second term.
Extensive coverage of war crimes tribunals and controversial calls for blasphemy laws.
Series on the Palestinian 'catastrophe' of 1948 that led to dispossession and conflict that still endures.
join our mailing list