Ukraine expects to be granted OECD membership this fall

Ukraine has officially submitted an updated application for membership to the Organization for Economic Cooperation and Development (OECD) and expects to be granted candidate country status as early as this fall. President Volodymyr Zelenskyy announced the results of his meeting with the organization’s Secretary-General, Matthias Cormann. 

During talks in Kyiv, the Prime Minister of Ukraine handed the OECD head an updated package of documents intended to launch the process of preparing a roadmap for future accession. Zelenskyy emphasized that integration into this organization is strategically important for the country, as the OECD brings together 38 of the world’s most developed countries, which collectively account for more than two-thirds of global GDP.

The parties paid particular attention to Ukraine’s progress in implementing structural reforms and its integration into the European Union. In addition, the meeting addressed the practical implementation of the EU’s financial support package, mechanisms for strengthening economic sanctions against Russia, and further coordination of efforts with international partners to achieve lasting peace.

This was reported by the Ukrinform news agency.

During a meeting in Kyiv with the Secretary-General of the Organization for Economic Cooperation and Development (OECD), discussed Ukraine’s progress in meeting the organization’s standards, the implementation of reforms, and further steps toward membership.