Israel cabinet approved joining OECD

Prime Minister Benjamin Netanyahu said in a press release that "The decision opens for Israel investment opportunities that had been closed”
 
Israel's cabinet approved last Sunday the agreement accepting Israel into the Organization for Economic Cooperation and Development (OECD). The Paris-based group invited last May Israel, Estonia and Slovenia to join the club of free-market democracies. The trio would swell the ranks of the OECD to 34 countries.
 
The Prime Minister's Office said in a statement that the approval expresses "Israel's commitment to being a member in the organization while recognizing its political and economic importance. Joining the organization is am expression of faith in Israel's economy as a developing and leading economy”.
 
Prime Minister Benjamin Netanyahu said in a press release:" Israel's accession to the OECD is an expression of faith in Israel's economy as a developed and leading economy,"  he added that: "The decision opens for Israel investment opportunities that had been closed”.