Cooperation with economic organizations

  • Created 03.08.2017 07:26
  • Updated 07.02.2019 15:14
  • Published 02.08.2017 10:25

The Organization for Economic Co-operation and Development (OECD)

 

General information. It was created in 1961. Headquarters is located in Paris. Currently, the Secretary-General of the Organization is Angel Gurria.

Member countries. It consists of 35 countries (Australia, Canada, Israel, Japan, Korea, Mexico, New Zealand, Turkey, US and most EU countries).

Objective. Contributions to world economic development by facilitating sustainable economic growth, employment and living conditions provided by maintaining financial stability in member states.

Partnership with Azerbaijan. Regular participation by representatives of the Ministry of Economy is ensured in OECD event "Eurasia Week", which is held every year in Paris.  Its main objective is to ensure cooperation with the Eastern Partnership and Central Asia countries within the OECD and enhancing relations with countries in many areas of development. Presentations made in Business Forum within the Eurasia Week and in meetings of the Board of Governors. The main component of the Eurasia Week is the Eurasia Competitiveness Program. After evaluating the reviews of other countries submitted by the event, within the Eurasia Competitiveness Program it was agreed to carry out for Azerbaijan a peer review called "Supporting SME competitiveness reforms and economic diversification in Azerbaijan". Deputy Minister of Economy participated in Eurasia Week held in Paris on November 21-24, 2016 and held discussions on peer review. The OECD delegation visited Baku on 26-27 April and 7 September 2017 in order to initiate the peew review process. The  delegation visited Baku on 19-20 April 2017 in order to start the process of implementation of the above-mentioned review. The main purpose of the visit was to hold a seminar with the participation of representatives of public and private sector on the peer review and to discuss the OECD support for the implementation of this peer review. The representatives of the Ministry of Economy participated in Eurasia Week during the 19-21th of November 2018.

The main purpose of the peer review is reflected in 3 components, one of them is to support the implementation of the “The Strategic Roadmap for the production of consumer goods at the level of small and medium entrepreneurship". In this regard, in order to share information on internationally-recognized trends in the areas identified as strategic objectives, as well as information on the reforms carried out by OECD member states in this area,  the first meeting of the project "Support to the implementation and monitoring of the SME Road Map of Azerbaijan" was held on 7th of December 2017 under the chairmanship of Deputy Minister Sahib Mammadov. On February 15, 2018, a joint seminar on " Supporting SME competitiveness reforms and economic diversification in Azerbaijan " was held jointly by the Ministry of Economy and OECD. The second meeting of the project "Support to the implementation and monitoring of the SME Road Map of Azerbaijan" was held on 6th of June, third meeing was held on 26th of September, 2018.

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