Secretary General of the Organization for Economic Cooperation and Development (OECD) Matthias Korman has announced the opening of the OECD Office in Ukraine (Kyiv) on March 1.
“I can confirm that starting tomorrow, the official Office of our representative office in Kiev will open,” Korman said at a joint briefing with Ukrainian Prime Minister Denis Shmygal in Kiev on Tuesday.
The Secretary General thanked the Embassy of Slovakia for providing the premises for the Office.
He also thanked Poland, Romania, Latvia, Lithuania and Estonia for financially supporting the creation of this Office.
“Our Office staff will work with your government to develop a program for Ukraine within the OECD so that we can help you achieve all the priorities that are set in your government’s reform program according to OECD standards and principles as a future member of this organization,” Korman said.
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.
The Organization for Economic Co-operation and Development (OECD) will open a dialogue with Ukraine on its accession following a request from Kyiv, OECD Secretary General Matthias Kormann said in a statement on Wednesday.
“After a request received from Prime Minister Denys Shmyhal to start the process of Ukraine’s accession to the OECD, the OECD Council decided to recognize Ukraine as a potential member of the organization,” it says.
Norman noted that after the completion of initial consultations on this issue, the OECD Council will consider opening discussions on accession and preparing a draft roadmap.
The Organisation for Economic Co-operation and Development (OECD) on Friday improved the assessment of Ukraine’s country risks, putting the country from the seventh to the sixth group of the classification of countries participated in the Arrangement on Officially Supported Export Credits.
“Of course, this is very small, but all the risks associated with Ukraine and Ukrainian companies are becoming less. This means lower insurance costs, lower loan rates, longer terms and limits of credit lines!” Deputy Minister of Economic Development, Trade and Agriculture, Trade Representative of Ukraine Taras Kachka said.
Along with Ukraine, Kosovo was transferred to the sixth group from the seventh, and Serbia from the fifth to the fourth.
At the same time, the OECD worsened the country risk assessment of a number of countries, in particular, Algeria and Oman was moved from the fourth group to the fifth, Tunisia from the fifth to the sixth, and Iran and Turkmenistan – from the sixth to the seventh.
In addition to Ukraine, the sixth group also includes countries such as Belarus, Georgia, Armenia, Uganda, Sri Lanka, Nigeria, and Mongolia.
