Sergii Marchenko discussed deepening cooperation and Ukraine’s European Integration with OECD Secretary-General Mathias Cormann in Paris

During a working visit to Paris, Ukraine’s Minister of Finance Sergii Marchenko met with OECD Secretary-General Mathias Cormann.

The meeting was also attended by Andriy Pyshnyy, Governor of the National Bank of Ukraine.

The parties discussed further development of cooperation between Ukraine and the OECD, progress in implementing the OECD Ukraine Country Programme, as well as opportunities to expand the Organization’s involvement in Ukraine’s recovery and modernization processes.

Sergii Marchenko expressed gratitude to the OECD for its consistent support for Ukraine since the beginning of the russian federation’s full-scale aggression. In particular, the Organization suspended russia’s accession process to the OECD, terminated its participation in the activities of OECD bodies, and assigned russia and belarus the lowest investment risk rating.

The Minister of Finance informed about the current security situation and emphasized that the russian federation continues to carry out attacks on Ukrainian cities, civilians, and critical infrastructure, including energy facilities. In this context, Ukraine expects the OECD to maintain its consistent policy of isolating the aggressor state, as well as continued support from the international community for the country’s reconstruction. Ukraine’s recovery will become one of the largest investment projects of the century.

Special attention during the meeting was given to Ukraine’s path toward OECD membership. Ukraine continues to fulfill its commitments under the OECD Ukraine Country Programme launched in June 2023 and considers it an important instrument for moving closer to full membership in the Organization.

“The dialogue between the Ministry of Finance of Ukraine and the OECD has gradually evolved from technical cooperation into a strategic partnership. Despite the full-scale war, the Ministry of Finance of Ukraine continues to implement structural reforms in public governance, strengthening standards of integrity, transparency, and competitiveness. We highly value cooperation with the OECD and are interested in further deepening it, particularly in the areas of tax policy, institutional capacity development, and the implementation of best international practices,” said Sergii Marchenko.

During the meeting, the parties also discussed cooperation in the field of tax policy. They noted Ukraine’s progress in implementing OECD international tax standards, in particular the implementation of the automatic exchange of financial information under the CRS (Common Reporting Standard) and preparations for the first exchange of Country-by-Country reports in 2026.

In addition, Ukraine continues work on implementing international initiatives aimed at improving transfer pricing rules in line with OECD recommendations, as well as the provisions of the EU Anti-Tax Avoidance Directive (ATAD).

Sergii Marchenko emphasized that the implementation of these reforms in cooperation with the OECD is an important component of ensuring macrofinancial stability, mobilizing domestic revenues, and building a transparent and competitive tax system in Ukraine.