22 Apr 2022 18:00

Shmyhal welcomes OECD intention to open regional office in Kyiv

KYIV. April 22 (Interfax-Ukraine) - Ukrainian Prime Minister Denys Shmyhal welcomed the Organization for Economic Cooperation and Development's (OECD) intention to open a regional office in Kyiv, while meeting with OECD Secretary-General Mathias Cormann in Washington.

"Have informed head of the Organization for Economic Cooperation and Development of the preparation of a recovery plan and fund in Ukraine. We are seeking to change the country and the economic model by drawing upon the best international standards. Our goal is based on the following principles: European future, transparent state, and open economy," Shmyhal wrote on Telegram following the meeting.

Ukraine considers it important to use the OECD's best practices and implement them in the near future, he said.

"Welcomed the intention to open a regional OECD office in Kyiv: this is an excellent occasion for strengthening and accelerating our cooperation," Shmyhal said.

He also stressed that a green economy is a basic principle of Ukraine's new economic model.

"There is no sense in returning to old models, and therefore, we intend to restore it based on new principles and latest technologies," he said.