Rwanda seeks to join OECD to attract investment, FM says

KIGALI, Nov. 20 (Xinhua) -- Rwanda has expressed interest to join the Paris-based Organization for Economic Co-operation and Development (OECD) in an effort to attract global investment, Rwandan Foreign Minister Richard Sezibera said here Tuesday.

Rwanda is looking forward to formally applying for OECD membership and is confident that the country will be admitted, said Sezibera at a press conference.

The landlocked East African country has carried out a number of reforms which has enabled the country to perform well in the World Bank business reports, which is key to join the organization, he said.

Founded in 1961, the OECD is an intergovernmental economic organization of 36 member countries with an aim to stimulate progress and world trade.