Ukraine’s Membership in the OECD

by Olha Povaliaieva
Thursday, October 6, 2022
Ukraine’s Membership in the OECD

On October 5, Ukraine became 1 of the 38 members of the Organization for Economic Co-operation and Development

As part of his daily address to the Ukrainians, Volodymyr Zelenskyy announced Ukraine's entry into the Organization for Economic Co-operation and Development.

"This is one of the most prestigious global organizations, it unites 38 strongest states. These are democracies, these are market economies, this is a large part of the economic potential of the world. From Austria to Japan, from the United States of America to South Korea, from Canada to Turkey. Ukraine will be among them in this format," Volodymyr Zelenskyy.

According to the president, the responsible agency applied the OECD, and the organization supported Ukraine's aspirations. Thus, our state received a special status of a collaborating country. This year, an OECD office will be opened in the capital.

"For us, this will mean another powerful line of economic, technological and value cooperation with the global community," president Zelenskyy.

In June of this year, the president expressed gratitude to the organization for supporting Ukraine and terminating cooperation with the country that attacked us — Russia. The OECD closed its representative office in Moscow and announced the forthcoming opening of a regional office in Ukraine.

You will be interested