Ukraine invites the Organisation for Economic Co-operation and Development (OECD) to join as experts in the development of Ukraine's Industrial Strategy. This was stated by the First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine, Yulia Svyrydenko, during a meeting between the Prime Minister of Ukraine, Denys Shmyhal, members of the Ukrainian Government, and the Secretary-General of the OECD, Matthias Cormann, in Kyiv on May 6, 2025.
“Supporting the national producer with a focus on the production of goods with high added value and the development of industry is one of the priorities of the Ukrainian Government. We aim to reach the same level of processing in the economic structure as other OECD countries — 20–25%. I am confident that your expertise in industrial policy will contribute to this,” said Yulia Svyrydenko.
The First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine thanked the OECD for preparing the Economic Review of Ukraine and noted the alignment of the OECD experts' views with the Ukrainian Government's priorities for the development of our country’s economy.
In particular, the OECD report highlighted several key areas on which Ukraine should focus:
- Ensuring macroeconomic stability;
- Supporting fiscal sustainability;
- Increasing human capital capacity;
- Attracting investments and expanding exports.
“This completely aligns with our government priorities,” emphasized Yulia Svyrydenko.
As Yulia Svyrydenko noted, a significant boost to investment attraction could come from the reclassification of Ukraine’s risk group in the OECD Country Risk Classification — from Group 7 to Group 6.
“This step would make risk insurance significantly more accessible,” stressed the First Deputy Prime Minister of Ukraine – Minister of Economy of Ukraine.
For reference:
OECD – an international organization that brings together economically developed countries and sets global standards in the areas of economic policy, investment, trade, and finance. Participation in OECD programs opens up additional opportunities for countries to attract international investments and financial assistance. The OECD ranks among the top three global economic institutions, along with the IMF and the World Bank.
