OECD bolsters relationship with Kazakhstan – Signs Kazakhstan Country Programme Agreement | WPN World People News

The OECD and the Government of Kazakhstan are signing in Davos a Memorandum of Understanding on a two-year Country Programme, which will support an ambitious set of reforms of Kazakhstan’s policies and institutions on January 22.

“Kazakhstan is a leading economy in Central Asia strategically located at the crossroads of Europe and Asia. I am confident that positive spill-over effects of the Country Programme will benefit the reform agendas of other countries in the region” - said OECD Secretary-General Angel Gurría.

“Introduction of the OECD best practices in our policies is a prerequisite for strengthening our role in a global economy.” - said Kazakhstan Prime Minister H.E. Mr. Karim Massimov.

“Kazakhstan is a leading economy in Central Asia strategically located at the crossroads of Europe and Asia. I am confident that positive spill-over effects of the Country Programme will benefit the reform agendas of other countries in the region” - said OECD Secretary-General Angel Gurría.

“Kazakhstan is a leading economy in Central Asia strategically located at the crossroads of Europe and Asia. I am confident that positive spill-over effects of the Country Programme will benefit the reform agendas of other countries in the region” - said OECD Secretary-General Angel Gurría.

“Introduction of the OECD best practices in our policies is a prerequisite for strengthening our role in a global economy.” - said Kazakhstan Prime Minister H.E. Mr. Karim Massimov.

The Country Programme is a new OECD tool that enables some partner economies to leverage OECD expertise and standards, strengthen institutions, and build capacity for policy reforms. The Programme marks the beginning of a new phase of the OECD’s ongoing co-operation with Kazakhstan.

Kazakhstan is one of four partner economies along with Peru, Morocco and Thailand, which have been selected for this bilateral work programme covering areas such as public sector integrity and governance, environment, health, taxation, competition and business climate, and statistics.

The Country Programme acknowledges Kazakhstan’s commitment to a plan of reforms and its willingness and ability to design these reforms taking into account good international policy practices. The programme could lead to over 20 policy reviews, co-operation in capacity building projects, increased level of participation in six OECD Committees, and possible adherence to 28 OECD legal instruments, including the Declaration on International Investment and Multinational Enterprises.

The OECD believes the signature of the Memorandum of Understanding will be mutually beneficial as OECD Member countries can also learn from Kazakhstan’s policy experience and vice-versa.

Source: Organization for Economic Co-operation and Development