Latvia to continue providing assistance to Ukraine also through OECD instruments

21.11.2018. 16:40

On 21 November 2018, at the annual Eurasia Week held by the Organisation for Economic Cooperation and Development (OECD) in Paris, France, the Head of the Economic Relations, Trade and Development Cooperation Directorate at the Ministry of Foreign Affairs, Juris Štālmeistars, met with the OECD Global Relations Director, Andreas Schaal, for a discussion on OECD cooperation with Ukraine and the Central Asian countries.

Juris Štālmeistars informed Andreas Schaal about Latvia’s voluntary contribution at the amount of EUR40,000 to the OECD Action Plan for Ukraine signed pursuant to the Memorandum of Understanding between the OECD and the Government of Ukraine.

Latvian experts have a long-standing experience of carrying out development cooperation projects in Ukraine. Juris Štālmeistars noted that Latvia was prepared to continue sharing its expertise also with the help of OECD instruments.

The OECD-Ukraine Memorandum of Understanding was signed in 2014, and it is put into practice pursuant to the OECD action Plan for Ukraine, the priority areas being corruption prevention, public administration reform, and economic development. In 2018, the memorandum was extended until 2020, which confirmed Ukraine’s willingness to cooperate with the OECD in taking forward reforms launched in the country.

The Cabinet of the Republic of Latvia, at its session on 16 October 2018, approved contributions to the OECD Action Plan for Ukraine. Latvia made its previous contribution towards the implementation of the plan in 2015.

Background information

The OECD Eurasia Week is taking place in Paris from 19 to 23 November. It is an annual event held as part of the OECD Eurasia Competitiveness Programme. Since its creation in 2008, the Programme has worked with 13 countries in Eastern Europe, the South Caucasus and Central Asia.

The OECD Eurasia Competitiveness Programme seeks to assist countries in the implementation of policies to enhance competitiveness, improve the business climate and support the transition from planned to market economies. The Programme is a gateway for OECD expertise and encourages partner countries to align themselves with OECD Legal Instruments and policy standards.

 

 


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