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Organisation for Economic Co-operation and Development (OECD)

 

Shaping Smarter Trade Policies

The Organisation for Economic Co-operation and Development (OECD) is a forum of 38 member countries, founded in 1961 to promote economic development, good governance, and inclusive policy-making. Though not focused solely on trade, the OECD has become a powerful voice in shaping global rules and strategies – including in sectors linked to maritime trade.

Its motto: "Better Policies for Better Lives."


What It Does

The OECD does not create binding law, but its research, indicators, and recommendations set global benchmarks. Its work supports:

Open, rules-based trade systems
Infrastructure investment strategies
Green transport and maritime sustainability
Digital trade and customs innovation
Anti-corruption and transparency in logistics

It helps countries reform their policies and coordinate responses to global economic shifts.


Why It Matters for Maritime Trade

The OECD directly influences maritime-related sectors through:

1. The OECD Council Working Party on Shipbuilding (WP6)

  • Analyzes market trends, overcapacity, and subsidies in the shipbuilding industry.

2. Trade and Logistics Studies

  • Evaluates port performance, customs reforms, and cross-border trade facilitation.

3. The OECD International Transport Forum (ITF)

  • Brings together transport ministers and industry leaders to shape sustainable logistics, decarbonisation, and freight innovation – including maritime transport.

4. Digitalisation & Customs

  • Advises on digital supply chain integration and tax policy for global e-commerce.

Its cross-sectoral perspective is essential for building coherent, future-oriented trade ecosystems.


Key Tools & Reports

• Trade Facilitation Indicators
• Productivity and Logistics Efficiency Benchmarks

• Environmental Performance Reviews for transport sectors
• Port-City Interface Studies – connecting ports to urban development

The OECD’s voice helps align public and private efforts to create balanced maritime growth.


Sustainability and Inclusion

The OECD’s work often integrates:

• Climate resilience in coastal logistics
• Inclusive value chains that support developing countries
• Responsible business conduct in shipping and logistics sectors

It also champions data transparency, making it easier for smaller economies to join global trade networks with confidence and clarity.

 

Membership & Influence

• 38 member countries – mostly high-income economies
Collaborates with non-members, including major emerging markets
HQ: Paris, France

Its policy models often inspire national reforms – especially in customs, tax, digital trade, and environmental regulations.


A Strategic Mind in a Shifting World

The OECD doesn’t run ports or fund ships – but it helps build policy bridges across sectors. It encourages countries to think long-term, share knowledge, and harmonise efforts to keep trade flowing sustainably.

In a world adjusting to climate, tech, and equity challenges, its work helps steer the course.


Reflection Question

How does the OECD influence maritime trade if it doesn’t create binding international rules?