Though privatisation and pension reform are not requirements for membership, open markets and equal treatment for foreign investors are.

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"This agreement will close the season of the past 10 years and is going to open an equal relationship season, " Karzai added.

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New partnerships have been forged to combat corruption and promote government that is open and transparent, and new commitments have been made through the Equal Futures Partnership to ensure that women and girls can fully participate in politics and pursue opportunity.

WHITEHOUSE: Remarks by the President to the UN General Assembly