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In September of 1961 the OEEC carried over to the OECD with 20 member states including Japan, Canada and the United States. Since then, the number of members has increased up to 30 countries worldwide.
The membership stands open to any country that pursues an open market, a representative democracy and respects human rights1. The main aims of the OECD are: to advance an optimal economic development program, to support developing member and non-member countries and to enlarge the global trade in line with international responsibility based on a multilateral and non-discriminatory level.
The establishment of the WTO happened nearly three decades later in 1994...
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