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Global: OECD bolsters relationship with Ukraine

09 October 2014   (0 Comments)
Posted by: Author: OECD
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Author: OECD

The 34-member countries of the Organisation for Economic Co-operation and Development (OECD) welcomed a Memorandum of Understanding (MOU) between the OECD and Ukraine which will help Ukraine’s efforts to tackle corruption, strengthen its tax system and promote competitiveness.   

Announced today in Paris, the MOU seeks to tap OECD expertise to help implement economic and social reforms in Ukraine.  It focuses on at least nine areas of collaboration: anti-corruption, public governance and administration, regulation of selected economic sectors, ensuring a level playing field for businesses, sector competitiveness, corporate governance of state-owned enterprises, collection of taxes and tax administration issues, multi-dimensional development, as well as collection, processing and dissemination of statistics.

"Ukraine is at a pivotal moment. Notwithstanding the very difficult context, the country needs to continue upgrading its economic and policy frameworks and is looking at the best approaches to do so, in order to create better lives and opportunities for its people. We are here to answer that call,” said OECD Secretary-General Angel Gurría.

Ukraine and the OECD have co-operated in the past on policy areas ranging from agriculture, steel and territorial development to investment and access to finance. Today’s MOU recasts and broadens that relationship to take a whole-of-government approach.

Ukraine and the OECD will co-operate via:

  • Research projects, events, and workshops hosted by the Government of Ukraine.
  • OECD Policy reviews and recommendations to inform policy making in Ukraine.
  • Adherence of Ukraine to relevant OECD legal instruments.
  • Ukraine’s participation in the work of relevant OECD bodies in accordance with applicable OECD rules and practices.
  • Exchange of information and data.
This article first appeared on oecd.org.

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