OECD opens office in Kyiv, as Ukraine aims for membership

1 March, 04:33 PM
OECD office will open in Kyiv (Photo:OECD via Facebook)

OECD office will open in Kyiv (Photo:OECD via Facebook)

The Organization for Economic Cooperation and Development (OECD) opened an office in Kyiv on March 1, as Ukraine gears up for a bid to join the organization, the governmental portal reported on Feb. 28.

Prime Minister of Ukraine Denys Shmyhal and OECD Secretary-General Mathias Cormann announced a new office during a joint briefing on Feb. 28, Interfax-Ukraine reported, at which Cormann confirmed the opening of the OECD Office in Kyiv starting March 1.

The OECD Secretary-General thanked to Slovakian embassy for providing premises for the office.

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He also expressed his gratitude to Poland, Romania, Latvia, Lithuania, Estonia for funding the office’s creation.

"We’re working together to develop a Program for Ukraine, the implementation of which will allow us to move to the Roadmap for Membership. And we welcome your proposal to sign such a program as early as June this year," Shmyhal said.

Earlier, it was reported that the OECD had calculated the losses to the world economy from Russia’s full-scale invasion of Ukraine to be about $2.8 trillion, so far.

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