Today, on February 15, a meeting of the Coordination Council of Organisation for Economic Co-operation and Development (OECD)-Ukraine under the chairmanship of the First Deputy Prime Minister/ Minister of Economic Development and Trade of Ukraine Stepan Kubiv was held.

In his speech, the First Deputy Prime Minister stressed that cooperation with the OECD was and remains an important and integral part of the course of reforms being implemented by Ukraine.

"Over four year we have been putting in place systemic reforms that were kept on ice for decades. This is the reform of economic institutions, deregulation and improvement of the business climate, implementation of key instruments and anti-corruption infrastructure seeking to create the Anti-Corruption Court ", Stepan Kubiv stressed.

The attendees also discussed the state of implementation of a number of OECD joint projects on investment and competition development, corporate governance reform, anti-corruption initiative, public administration reform, PISA-2018 International Student Assessment Program, programs for environment and green growth, reform of the energy sector, support for decentralization reform.

"We are simultaneously carrying out a huge amount of tasks: civil service reform, infrastructure, energy, education, health care, public procurement, public investment, energy sector, security, etc. And this steps are taken amid the actual  war, huge human losses in the east of the country, annexation of Crimea by Russia, trade and armed aggression against Ukraine",  Stepan Kubiv underscored.

In order to effectively coordinate efforts and strengthen mutual cooperation members of the Coordinating Council at the end of the meeting, approved an Action Plan to deepen cooperation between the Government of Ukraine and the OECD for 2019-2020.

"The Memorandum of Understanding between the Government of Ukraine and the OECD on deepening cooperation, which we recently extended, is an important blueprint for Ukraine's mutual cooperation with the OECD. The updated Action Plan today will enable us to realize joint projects in the next two years and in the future," Stepan Kubiv said.

The parties agreed to hold the next meeting of OECD-Ukraine Coordination Council at the end of 2019.

Background

The Organisation for Economic Co-operation and Development (OECD)) is an intergovernmental economic organisation with 36 member countries. OECD conducts a search and analysis of data that will help national governments of participating countries shape national and international policies.  OECD is among the top three world economic institutions, along with the IMF and the World Bank.