Business news from Ukraine

Organization for Economic Cooperation and Development opens office in Ukraine

12 December , 2022  

The Organization for Economic Cooperation and Development (OECD) is opening a regional office in Ukraine, Ukrainian Prime Minister Denis Shmygal said.
“We have just concluded an agreement in Paris that officially gives grounds for launching the so-called “Liaison Office” of the Organization for Economic Cooperation and Development in Kiev. Since Ukraine is recognized as a potential OECD member, the office will tentatively operate until 2026 to support our country during the recovery,” Shmygal wrote in his telegram channel on Monday.
He said the OECD was a co-sponsor of the Marshall Plan and is now helping to develop Ukraine’s Recovery Plan.
“This month, we also received a description of the provisions of the OECD program, which will help to implement the Organization’s standards in various sectors. We are ready to start preparing it together so that we can join the “club of successful countries” as soon as possible. This will be a marker of Ukraine’s readiness to join the EU and will help establish the state as a regional leader,” Shmygal wrote.