B’nai B’rith International congratulates Israel on an invitation to join an important international economic group made up of the most developed economies in the world.

The nations of the Organisation for Economic Co-operation and Development (OECD) share their expertise to help developing nations prosper and thrive.

“Israel, long an innovator and a ground breaker in business and industry, has earned a well-deserved spot on the OECD,” B’nai B’rith International President Dennis W. Glick said.

Estonia and Slovenia also joined the group, bringing its membership total to 34.

During the three year nomination process, Israel demonstrated an uncommon commitment to economic growth and stability, and to sharing its expertise and knowledge to improve the global economy.

“In a short history, Israel has shown remarkable and enviable economic growth,” B’nai B’rith International Executive Vice President Daniel S. Mariaschin said. “Israel has contributed readily to the development of the world’s economy. The OECD recognition will help bolster Israel’s standing in business, technology, and innovation and could open the door to vital multi-national economic partnerships.”

Israel will formally join the group during a ceremony in Paris later in May.