The country has been invited to apply for membership in the Organisation for Cooperation and Economic Development. Costa Rican officials consider membership in this organization of developed countries to be a seal of confidence and reflects the country’s stability.
The Ministerio de Comercio Exterior has been working for three years to achieve this invitation, which now means the organization will help define the many actions the country must take to join.
The nation’s business chamber said it was pleased because membership would give the country a reason to make certain adjustments such as improve transparency. The Unión Costarricense de Cámaras y Asociaciones del Sector Empresarial Privado also said that the experiences of other Latin countries have been beneficial when linked to this organization.