On February 28, 2023, Minister of the Cabinet of Ministers of Ukraine Oleh Nemchinov delivered a welcoming speech to a series of seminars of the Organization for Economic Cooperation and Development (OECD) designed for the State Regulatory Service of Ukraine (SRS).

The seminar was also attended by János Bertók, Acting Director of the OECD Directorate for Public Governance, and Oleksii Kucher, Head of the SRS.

The event was organized by the OECD Regulatory Policy Committee for the specialists of the State Regulatory Service of Ukraine.

“It is symbolic that this day marks the anniversary of Ukraine’s application to join the European Union, and OECD membership is another step on Ukraine’s path to integration into the European Community. Currently, Ukraine is undergoing transformation processes driven by its European integration aspirations, which cover all spheres of public life, and therefore consistent communication between the authorities and OECD committees is extremely important. Deepening cooperation with the OECD will be an impetus for the introduction of advanced international regulatory practices and approaches in our country and will contribute to a faster economic recovery of Ukraine,” said Minister of the Cabinet of Ministers of Ukraine Oleh Nemchinov.

On March 1, an Office of the Organization for Economic Cooperation and Development will open in Kyiv. It will allow us to coordinate joint work in the field of reconstruction and recovery of Ukraine, while improving the implementation of OECD instruments, standards, and recommendations in Ukraine. This will help our country become a full member of the organization. Given that Ukraine has been recognized as a potential OECD member, the Office will be tentatively operating until 2026 to support our country in its recovery.

Remarkably, the OECD emerged in the process of economic and political reconstruction of Europe after the World War II as part of the Marshall Plan, of which it was an administrator. As the organization that co-implemented the Marshall Plan in the 20th century, the OECD is involved in development of Ukraine’s recovery plan. The organization has already provided a general commentary on the Recovery Plan and additional suggestions to almost all chapters. The OECD has unique experience in supporting the post-war reconstruction process and can act as one of the key international players in the post-war reconstruction of Ukraine.