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Foreign Minister Keit Pentus-Rosimannus: the OECD has an essential role to play in ensuring the stable development of Ukraine


At their meeting in Tallinn today, Foreign Minister Keit Pentus-Rosimannus and the Secretary-General of the Organisation for Economic Co-operation and Development (OECD) Angel Gurría discussed further expansion of the OECD and support for Ukraine in order to ensure its stable development.

According to Foreign Minister Pentus- Rosimannus and OECD Secretary-General Angel Gurría, the support of the international community is very important in guaranteeing the stable development of Ukraine. “The OECD has long-standing and strong economic analytical capabilities and experience in building up institutions and Ukraine could greatly benefit from this,” the Foreign Minister said. Estonia is also supporting heightening the capabilities of Ukrainian prosecutors and investigators in investigating complex and cross-border tax crimes with 30 000 euros via the OECD. “The OECD’s advice regarding economic development would also help restore faith in Ukraine’s economic environment,” she added.

Pentus-Rosimannus and Gurría also discussed further enlargement of the OECD. “OECD expansion is necessary because it increases the spread of values that are important to us, such as a free-market economy, the rule of law, democracy, and the spread of human rights worldwide,” the Foreign Minister said. “Both Latvia and Colombia have made rapid progress on the road to joining the OECD. An invitation to join should also be extended to Lithuania and Costa Rica this summer,” the Foreign Minister added.

The OECD Secretary-General and Minister of Foreign Affairs also discussed the current global economy at large.

Prime Minister Taavi Rõivas and OECD Secretary-General Angel Gurría will present the most recent OECD-compiled Economic Review of Estonia today.

The OECD is an organisation of developed democratic countries, which includes 34 of the world's most developed countries. The OECD was founded on September 30, 1961.


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