President of Ukraine

Head of State discussed prospects of Ukraine's accession to the OECD with OECD Secretary-General

28 February 2023 - 18:16

Head of State discussed prospects of Ukraine's accession to the OECD with OECD Secretary-General

President of Ukraine Volodymyr Zelenskyy met with Secretary-General of the Organization for Economic Cooperation and Development Mathias Cormann, who is on a visit to Ukraine.

The Head of State praised the news of the opening of the OECD Office in Ukraine, which will be an important step in cooperation.

Volodymyr Zelenskyy noted that everything that is currently being done and planned in our country is aimed at victory and future reconstruction. He invited OECD representatives to join the recovery process.

In this context, the parties discussed, among other things, the creation of a tax system that will be interesting for business during the post-war reconstruction of Ukraine.

The President emphasized that an attractive taxation system would be of particular importance for attracting private capital to rebuild the country. The parties agreed to prepare and implement a tax model in Ukraine with the involvement of OECD experts that would create competitive advantages and special incentives for doing business in our country during the reconstruction period.

Volodymyr Zelenskyy also invited the OECD team to join the development and implementation of the concept of confiscation of Russian assets in the Organization's member countries.

The parties discussed the prospects of Ukraine's accession to the OECD. The Head of State noted that Ukraine had recently received an official letter from the Organization for Economic Cooperation and Development confirming the granting of the status of a member of the OECD Working Group on Bribery in International Business Transactions to our country. And today, Mathias Cormann has been given a letter of response. Volodymyr Zelenskyy thanked the OECD for recognizing the prospect of Ukraine's membership in the Organization.

For his part, Mathias Cormann noted that his visit was a sign of solidarity with Ukraine and its people, who suffered terrible human losses, destruction of infrastructure and housing due to Russia's unprovoked and unjustified aggression.

"But we all admire how brave, courageous and determined Ukrainians are to defend their independence and democracy," said the OECD Secretary-General.

Mathias Cormann praised the reforms being implemented in Ukraine despite all the security challenges and assured of further support for our country.

"Together we will implement a program aimed at facilitating Ukraine's accession to our Organization. Ukraine is enhancing its participation in the work of our bodies, and I am pleased to receive a letter regarding participation in our Working Group on Bribery," the OECD Secretary-General summarized.