OECD chief: Israel is example for other members

Jose Angel Gurria and President Shimon Peres presented a proposal for organization of multinationals to address the economic needs developing countries.

President Shimon Peres met OECD Secretary General Jose Angel Gurria in Paris on Friday, and they jointly presented an initiative to establish an international organization comprising multinational companies to address the economic needs of developing countries in the Middle East and elsewhere.

During the meeting, Gurria praised Israel, saying that it had always been an economic and technological leader, and that it was one of the leading OECD member states. "Israel has become an important contributor to the OECD’s work," said Gurria. He said that Israel was an example to other countries in economics, high-tech, and research, and that since becoming a member, Israel had been an asset to the OECD.

Peres said that key problems in the Middle East were instability, terrorism, and unemployment, and that the new program would provide a response to hunger and lack of jobs in the region. Under the proposal, the OECD will provide international coordination to support multinationals' projects for economic investment, development, the construction of infrastructures, and innovative technologies in countries in the region.

"Israel is an example that the key to prosperity and economic independence doesnot lie in natural resources, but in investment in technology and high tech," said Peres. "Israel will be happy to share its accumulated knowledge in technology, renewable energy, and agriculture, and lead within the OECD international initiatives that will provide technological solutions, communications infrastructures, and health solutions for the Middle East and developing countries."

Published by Globes [online], Israel business news - www.globes-online.com - on March 10, 2013

© Copyright of Globes Publisher Itonut (1983) Ltd. 2013

5 Comments
View comments in rows
Update by email about comments talkback
POST
Comments
Your name
Please insert your name
Content
Hyperlink in a new window Hyperlink Right Left underline italic bold Bulleted List Ordered List Face1 Face2 Face3 Face4 Face5 Face6
Your comment

Thanks
You comment was recieved and soon will be published.
In posting comments, I agree to abide by the Terms of Use
Globes encourages lively and frank debate, but posts that the editors consider merely abusive or otherwise inappropriate will be removed. Report inappropriate content
Thank you for posting your comment, which will be reviewed for publication.
Loading Comments...load
Load more comments
MORE FROM GLOBES
Slowdown will worsen

The vested interests that continue to claim that the economy is improving are deceiving the public, says Eyal Horowitz.

Can the US maintain growth after QE3?

Leading economists will discuss "The US: catch 22 the zero interest rate" at the "Globes" 2013 Israel Business Conference.

Twitter Facebook Linkedin RSS Newsletters גלובס