Ukraine has applied for membership in the Organization for Economic Cooperation and Development

On July 5, Prime Minister of Ukraine Denys Shmyhal applied for joining the Organization for Economic Cooperation and Development (OECD) on behalf of the state.

Source: Prime Minister of Ukraine Denys Shmyhal

As Shmyhal reported, this happened during the discussion on the practical implementation of the Recovery Plan of Ukraine within the framework of the conference in the Swiss city of Lugano.

The Prime Minister handed the application for joining the OECD to the Secretary-General of the OECD Mathias Cormann. He expressed hope that the consideration of the application will take place as soon as possible.

“The current support and future work on Ukraine’s recovery and accession to the EU, the beginning of which was supported by all EU member states, will be based on the completion of structural reforms in Ukraine – an area where OECD support is of fundamental importance,” Shmyhal said.

Uaposition memo: The Organization for Economic Cooperation and Development is an intergovernmental organization that unites 38 member states, which account for more than 62% of world GDP. OECD members declare their commitment to the principles of democracy and market economy.


See also: Ukraine’s recovery is a long road but it must start now, – UN Secretary-General


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