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Russia hopes to join Organisation for Economic Co-operation and Development (OECD) in spring 2013
22.05.2012 16:30
Russia hopes to join Organisation for Economic Co-operation and Development (OECD) in spring 2013

Russia may complete all negotiations on joining the Organisation for Economic Co-operation and Development (OECD) in spring 2013, told the Deputy Director at the Department of Trade negotiations at the Ministry of economic development.

      
The common strategy is to finalize most of the issues this autumn, and to close up negotiations in spring. Then it will be followed by the formal procedures: the approval by the OECD Counsel and ratification, what usually takes some months, added the official.

      
The benefits of joining the OECD, as the official sees them, are as following: getting the modern competitive legislation, getting the access to economic assessment and participation in developing OECD recommendations on solving problems.   

      
Before joining the OECD, the sides should also discuss such issues as tax system, pension system, fight against corruption, privatization, ecology and some others.   

      
Organisation for Economic Co-operation and Development (OECD) is an organization, which sees it mission in promoting policies that will improve the economic and social well-being of people around the world, says the official site. The members of OECD are 34 most developed world countries.

      
      
      
      
 

      
 

Author: Irina Fomina

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