Commonly regarded as a think tank for the WTO,the OECD is one of the world's most important international economic organizations. Most OECD members are developed countries and major
players in global trade. Participation in OECD activities can elevate Taiwan's international profile and assist us in formulating economic and trade policies. Taiwan had become an observer in the Competition Committee (2002), the Steel Committee (2005) and the Fisheries Committee (2006), and has kept its status as participant. (In 2013, the OECD altered the title of "Regular Observers" to "Participants".)